Everyone knows fiber and SCN have been supporting Crown’s financial stability, the outdated tower business model is old and failing.
Very few Tower folks have the knowledge or understanding of how a network operates and they are clinging to the pathetic job that they have held onto for so many years doing very little.
Growth and business potential is in Network…hated to break this to the Tower folks on a Friday…but they need a dose of reality.
Network Engineering Team
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Not hearing all these network people so much now that the market is saying the same thing the tower folks have been saying for years.
Yes, yes we are. Don’t tell anyone.
Have you ever seen the old video of when they struck oil in Texas and oil is gushing out everywhere? Well that’s how our towers operate except it dollar bills spewing out everyone of them.
If you want the Network comparison go into the bathroom throw some dollar bills in the toilet and flush it…that’s the Network business model.
SBA is up 7% and American is up 6% it's not magic it's called the market.
Oh, stock went up 6% today. Is that JB’s fault too or magic? The fact is, you are all a bunch of sour grapes and the absolute best thing that can happen for Crowns sake is you all move on and leave! He-l, you probably already got laid off and it’s apparent in your value to society by being on here.
The tower team sunk crown! You’ve retracted the business by losing 30% of your revenue via sprint churn, but hey, don’t listen to facts…
You clearly don't understand the margins between the towers and the others. The towers just rake in cash with very very low cost. Mo--nic.
@ a voice from network
How much profit have you folks generated since the CSuite decided to get into more non-core business? Seriously, network is like the unwanted pregnancy by a couple that don’t believe in abortion or adoption. Huge mistake but too d-mb to do the right thing. It isn’t the employees fault, that side of Crown su-ks, but to defend the obvious errors of your nonprofit doesn’t make sense.
Crown needs to drop REIT status and split into a publicly traded company for towers and a 501c for network.
All those nodes being deployed with customers being upset due to no support. I'm a customer still waiting on documentation for what your VergeX SD-WAN offers. It seems no one knows. After finding this site and reading all the comments I now understand why we are not getting the support we need.
Network side, “ we have 3 million nodes in the pipeline, we’re up to 14 and the end of the 3rd quarter, 2029 is going to be our year, if we only could get the permits”….. blah blah blah.
Clearly we are all biased depending on what site of the business we are in, but let's remember that jay & Laura are the bad guys. Crown is able to reduce people on the tower side to to the drop in app volume, but also do to the fact that we have decided to abandon the construction services work which we used to get from every customer. Not sure how sales or business development steered us away from the construction services as the towers are Crown sites and Crown has clear leverage since they own all/most of former Sprint, AT&T & T-Mobile tower portfolios. I would also agree that the tower side was top-heavy with unnecessary managers, leaders or people who simply managed nobody. But the SC/Network/Fiber, whatever we are calling it this week simply doesn't work. Companies that Crown decided to pay top-dollar for an acquire, never really assimilated themselves into Crown culture and have extremely poor ROI. It simply takes too many people, costs too much and there doesn't seem to be the customer demand on that side. Why is that??? If the SC/Network/Fiber people are so talented why do we continually miss forecasts and bring in significantly lower revenues. One thing the "tower" side had in spades was people with a financial acumen that doesn't appear to exist elsewhere in the business and we have been "experimenting" with that side of the business for years. So get your sh*t together before you bash everyone else in the company, regardless of their time here. Crown will not be keeping you guys around much longer if that side of the business doesn't start making strides. In fact, I think the entire reason why they are making ppl regional vs national and migrating ppl to Houston is to make it easier to draw a line in the sand between Crown businesses and sell off a part of the business in the near future. But don't worry, no matter what side you are on, we can still blame the same Clowns at the top!
Tower income has paid SC bills for years and now Towers employees are the ones taking the hit.
SC might be the “waive” the future but instead of stabbing the ones in the back that built the foundation help them to lead the next story.
HA! SC can’t turn a profit of they don’t get a second carrier on the pole. I can count on one hand how many poles have more that one carrier. Fiber and SC ain’t doing s—t for Crown.
Is no one here aware of our ten year projections and how much higher towers growth is than network? It's 3-4x times higher.
That said, towers has an insane amount of unnecessary positions and should just be able to coast with a skeleton crew. But to say that's still not the cash cow is just ignorant. It earns more money, takes less money, has longer contracts, and has more growth. It's a much better business.
100% agreed!! So many in Towers org from top to bottom are unable to transition. Only a few top performers have been brought over. Towers " techs" have been combined with another role due to the very little they did as "techs"... over priced facilities maintenance personnel.
Former tower leadership let go or chased away of all the fresh talent. Anything to disrupt the status quo was disposed immediately.
Do you think it will be any different now?
Just take a look at layoffs all tower folks are heavily impacted and no Network. Crown knows they need to retain all Network Talent and cut tower employees that are holding back company growth.
Totally agree, majority of Tower roles need to be axed, bring in fresh talent and grow Network. Wireless carriers have built out what is necessary. Fiber has been expanding taking advantage of new technologies, unfortunately legacy tower employees do not have what it takes to support Network Development. Look at the high volume of internal Network Job Postings…tower folks are not qualified for any.