Thread regarding Crown Castle International Corp. layoffs

Crown Can’t Compete Anymore

Verizon and Vertical Bridge Seal a 3.3B Deal.
6,339 towers Crown could have had the opportunity to manage, but we chose failing at fiber instead.

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| 902 views | | 2 replies (last October 1, 2024) | Reply
Post ID: @OP+1uLLI645

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Crown can't compete because they can't borrow more money. Their credit rating is shot to he-l. They are trying to unload fiber to pay off debts. They are laying off people to improve the bottom line. That is all.

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Post ID: @1wpn+1uLLI645

They’re so concerned with Fiber and Small cell that they couldn’t even see this huge opportunity to expand the tower portfolio. Huge miss for crown. Get this sale over with, let everyone move on with their lives.

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Post ID: @vje+1uLLI645

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