# Crown Castle

> Crown Castle is a U.S. communications infrastructure company and REIT that owns, operates and leases approximately 40,000 cell towers. It serves wireless carriers and other network operators through shared tower and rooftop sites, development support and equipment shelters. It sold its fiber and small-cell businesses in May 2026 to concentrate on towers.

- **Founded:** 1994
- **Headquarters:** Houston, United States
- **Founders:** Ted B. Miller Jr. (Co-founder; former CEO and chairman), Edward C. Hutcheson Jr. (Co-founder; early CEO and chairman)
- **Products:** Tower and rooftop site leasing, Tower development and deployment support, Select Edge Access, CCIsites
- **Notable:** Grew from 133 towers at founding to approximately 1,400 by its 1998 public listing., Exceeded 10,000 towers by 2000., Began operating as a REIT in January 2014.

## Products & services

- **Tower and rooftop site leasing** — Shared access for wireless antennas and related equipment on towers and rooftop installations, with long-term tenant agreements.
- **Tower development and deployment support** — Build-to-suit development, custom collocation, site selection, engineering, zoning and permitting support; installation requires approved contractors.
- **Select Edge Access** — Leased equipment space in more than 5,000 existing shelters and cabinets, with power and connectivity access, monitoring and maintenance options.
- **CCIsites** — Proprietary site database for registered users to explore, evaluate and select infrastructure locations.

## Achievements

- Grew from 133 towers at founding to approximately 1,400 by its 1998 public listing.
- Exceeded 10,000 towers by 2000.
- Began operating as a REIT in January 2014.
- Joined the Fortune 500 in 2020.
- Completed the $8.5 billion contractual sale of fiber and small-cell businesses in May 2026.

## Latest updates

- **2026-10** — October 21 results: Q3 site rental revenue of $966 million versus $1.012 billion a year earlier; full-year rental revenue outlook midpoint raised to $3.875 billion.
- **2026-05** — May 1: closed the Fiber Solutions and Small Cell sale for an $8.5 billion contractual price and approximately $8.4 billion after preliminary purchase price adjustments; announced intended debt reduction above $7 billion and a $1 billion repurchase program.
- **2026-01** — Announced termination of the DISH agreement after alleged payment default and asserted more than $3.5 billion in remaining contractual obligations; recovery is not equivalent to cash received.
- **2025-09** — Christian Hillabrant became president and CEO effective September 15.

## Links

- Website: https://www.crowncastle.com/
- LinkedIn: https://www.linkedin.com/company/crown-castle
- Twitter/X: https://twitter.com/CrownCastle
- YouTube: https://www.youtube.com/channel/UCVCnY_MSWwm64RGkR6e_zHw
- Facebook: https://www.facebook.com/Crown-Castle-857671374331148/

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Profile page: https://yespress.io/crown-castle
Published by YesPress — https://yespress.io
Last updated: 2026-10-24
