Crown Castle Navigates Major Restructuring Under New Leadership

US telecommunications infrastructure giant Crown Castle is embarking on what may be the most significant strategic shift in its corporate history. The company welcomes its new Chief Executive Officer, Christian Hillabrant, this Monday, coinciding with the advanced stages of a multi-billion dollar divestiture of its fiber and small cell operations. The market is watching closely to see if this telecom veteran can successfully guide the firm through this period of dual challenges.

Central to Crown Castle’s new direction is its decision to divest its fiber and small cell business segments in two separate transactions totaling $8.5 billion. Swedish private equity firm EQT and US-based Zayo Group are each acquiring portions of the business for $4.25 billion. This move will effectively streamline Crown Castle... Read more...