Core Viewpoint - Crown Castle has terminated its wireless infrastructure agreement with DISH Wireless due to DISH's default on payment obligations, resulting in Crown Castle being owed over $3.5 billion [1][3]. Group 1: Contractual Obligations and Termination - DISH Wireless notified Crown Castle in September 2025 of its decision to discontinue its network business after selling public spectrum licenses to AT&T and SpaceX [2]. - Despite initially making required payments, DISH eventually defaulted on its obligations, prompting Crown Castle to exercise its right to terminate the agreement [3]. - Crown Castle does not expect the termination and recovery actions to impact its full-year 2025 results [3]. Group 2: Spectrum Licenses and Financial Implications - DISH is accused of refusing to pay American workers and businesses that contributed to building its network, which is necessary to meet FCC coverage requirements for retaining spectrum licenses [5]. - The spectrum licenses in question are being sold for over $40 billion, highlighting the financial stakes involved [5]. Group 3: Crown Castle's Infrastructure - Crown Castle operates approximately 40,000 cell towers and 90,000 route miles of fiber, providing essential communications infrastructure across major U.S. markets [5].