With our app counts down, MLA negotiations not going well with one carrier, and backfills not happening, has anyone heard of any more layoffs? A small one seems likely to me after the earnings call.
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Back of the class count?
@1e7 Less worse is a smidge closer :)
@1ad more like the goodest in class
But we are best in class how can this happen.
@15z don’t worry, there will be a lot less people at that October Rally. They’ll have purple make crown great again hats and grape kool-aid. Just wait for the cage match on the patio to boost the CEOs ego. The rest of the c-suite will be kissing his boots.
There’s got to be cuts to help them afford travel for all employees to this useless Houston All Hands meeting in October LOL
Is that why it’s been radio silence? It seems like communication is seldom specific to actual current and future results.
And what about the goal to commence 800 new rental revenue generating first time installations? Are we on track to meet that one?
@sv That got changed quickly to 25 and right now that isn’t even looking good.
Where are we with the 2026 goal to “Transition 50 new tower build sites to pre-construction”? I can’t seem to get an update anywhere in my area.
@yea exactly and crown is still asking for rents that they got in 2008 and they can’t go any lower bc they have to much debt and must pay a dividend. Carriers don’t need crown anymore. Especially when others are best in class too
Multiple small tower companies have been building and taking Crowns customers for several years. Fiber and small cell halted tower growth. Now Crown is so far behind it won't be able to recover.
It’s coming. Golden parachutes won’t save us with a failed business model. Everyone better be looking.
So you aren’t being best in class? Can’t hide behind network anymore true colors are being shown.
All signs point to yes with app volume so far below Sales forecasts. Expect it to follow the same pattern as February - right around earnings or right after.
Directors are ranking their teams now.