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Crown Castle Issues Statement in Response to Elliott

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Crown Castle Inc. (CCI) responds to Elliott Investment Management L.P. with openness to engaging in constructive dialogue. The company's Board of Directors expresses confidence in its executive leadership and commitment to shareholders' best interests.
Positive
  • Openness to engaging in constructive dialogue with Elliott Investment Management L.P.
  • Board of Directors' confidence in executive leadership and commitment to shareholders' best interests
Negative
  • None.

HOUSTON, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today issued the following statement in response to Elliott Investment Management L.P. ("Elliott"):

We value the views of all our shareholders as we seek to better understand their perspectives on our strategy, performance and business objectives. We look forward to reviewing Elliott’s materials and are open to commencing a constructive engagement with Elliott. The Company’s Board of Directors remains confident in Crown Castle’s executive leadership as the Company continues to act in the best interests of all shareholders.

ABOUT CROWN CASTLE
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 85,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit www.crowncastle.com.

CONTACTS  

Dan Schlanger, CFO
Kris Hinson, VP & Treasurer
Crown Castle Inc.
713-570-3050


FAQ

What is the company name and ticker symbol of the business mentioned in the press release?

The company mentioned in the press release is Crown Castle Inc. and its ticker symbol is CCI.

What is Crown Castle Inc.'s response to Elliott Investment Management L.P.?

Crown Castle Inc. expressed openness to engaging in constructive dialogue with Elliott Investment Management L.P.

What does the Company's Board of Directors express confidence in?

The Company's Board of Directors expresses confidence in Crown Castle's executive leadership and commitment to shareholders' best interests.

Crown Castle Inc.

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