You think leadership is capable of putting us on the right track after fiber is gone? I’m afraid their incompetence will only become more visible.
13 replies (most recent on top)
Look at the debt equity ratio if the stock continues to decline it will be at very unfavorable ratios. If the stock declines like it did last year 21% it will have a debt/equity of 68. This
make borrowing more expensive or almost impossible. Our interest coverage ratio has steadily declined in the last 5 years. It’s at 2.40 a few years ago it was high 3. The company is close to a death spiral. They need the fiber sale to happen soon.
@4lqr+1wbiSaWi Good bussiness? 32B in liabilities ? Wonder what the balance sheet will look like after the fiber sale?
They're saying there's no buyer. Crown towers is a good business but there's no value to our competitors.
@ 2eqb+1wbiSaWi no need ? Its about $$$ my friend read the balance sheet
Comical. Don’t know how some of you made it through the last layoffs.
There's no need for another tower company to acquire or merge with Crown, they have the same footprint and there's only 3 large customers.
Yeah there’s a reason the EMT has open to TPG potentially taking the Crown Castle name with the fiber sale
Fiber will be sold, Towers will be acquired by another Tower operater Crown as we know it today will not exist in 5 years. Bank on it
Selling towers is literally just dissolving the company as a whole
Towers will be sold as well. It will be a year or so after they close on a fiber sale.
Would the fiber sale include all the fiber leadership that was acquired by Crown from all those previous fiber acquisitions? Specifically LightTower? That’s when Crown doubled in size…so in all essence, Crown will be cut in half+ again once this sale goes through….Hence the lack of need for all the offices we have since abandoned…Who were these leaders from all the previous Fiber companies?
It depends what you mean by back on track. Will it become a respectable company in the tower industry again? Maybe, they do own a lot of assets that are vital to the carriers future plans. Will they become a great workplace for its employees? No, not anything like it was before Covid hit and the layoffs started. If you were around 10 years ago you know exactly what I’m talking about. I don’t think there is a chance it gets back to anything like it was.
No.