New York City Comptroller Brad Lander, representing the five New York City pension funds, has successfully secured agreements with leading telecommunications infrastructure firms—SBA Communications Corporation (SBA), American Tower Corporation (American Tower), and Crown Castle—to improve their reporting on worker safety at communication tower sites. Lander emphasized the difficult conditions faced by tower workers, noting, “From dizzying heights to challenging …
Crown Castle’s $325 million cabinet door opening lease lawsuit against Dish is closed by a Denver jury’s verdict
A jury last Thursday found Crown Castle USA Inc. failed to prove Dish Wireless Inc. violated the parties’ 30-year master lease agreement (MLA) by taking up three extra feet of space on cell tower sites without paying an additional rent of approximately $8 million per year. Crown Castle said Dish owed $200 more monthly rent for approximately 3,339 sites. With …
Crown Castle snags Steven Moskowitz as its CEO, the second former American Tower executive onboarded for growth
Crown Castle Inc., a leading communications tower company, announced a significant leadership change that is effective today. Steven J. Moskowitz will take on the roles of President and Chief Executive Officer and join the company’s Board of Directors. This appointment concludes an extensive search led by the CEO Search Committee and the Board and facilitated by global executive search firm …
Believing he’s a T-Mobile tech, Florida man climbs to their sector, causing up to $500K in damage
In an event that seems to increase in frequency throughout America, on Wednesday in the Allapattah neighborhood of Miami, Florida, 38-year-old Richard Smith was arrested after climbing a cell tower without safety gear, causing extensive damage and a significant service outage. The incident started between 1 a.m. and 5 a.m. when Smith, who believed he was a T-Mobile worker, embarked on …
Over 3 feet, Dish and Crown Castle’s MLA marriage is on the rocks and a Denver trial will decide its fate
When Dish Wireless announced its infrastructure partnership with Crown Castle to lease space on up to 20,000 towers in 2020, it was an engagement arranged by Dish’s EVP of network development, Dave Mayo, that married the two companies to a 30-year commitment. However, marriage vows aren’t always everlasting, and Crown Castle has decided to move on – into a Denver …
WTB grants exemption to Vertical Bridge and Drake Services for quarterly inspection requirements
The Wireless Telecommunications Bureau (WTB) of the Federal Communications Commission (FCC) on Tuesday granted Vertical Bridge REIT, LLC, and Drake Services, Inc., an exemption from the mandatory quarterly inspections of antenna structure lighting systems stipulated under existing regulations (see below). The exemption specifically pertains to the requirements under 47 CFR § 17.47(b), which mandates owners of antenna structures to conduct …
Crown Castle co-founder Miller says the company deserves better and needs ‘people who live and breathe towers’
Ted B. Miller, co-founder of Crown Castle Inc. and his investment vehicle Boots Capital Management, LLC, issued an open letter yesterday to the Crown Castle Board of Directors, the company’s employees, and its shareholders. Miller said he believes Crown Castle’s stock can be worth at least $150 in the next 18 months if the board takes immediate action to restore …
Four faux T-Mobile contractors arrested after caught in the act of ripping off ‘3G’ cables
A brazen communications cable theft at a West Boylston, Massachusetts, cell tower on Friday afternoon led to the arrest of four New York men accused of posing as subcontractors to steal the cables for their scrap value. The incident, which highlights a troubling trend of cell tower transmission line thefts across New England, unfolded when local police responded to an …
Crown Castle boots Boots Capital and Ted Miller’s turnaround fiber plan to the curb
Twenty-two years after stepping down as Crown Castle’s leader, co-founder Ted Miller wanted back one of his old jobs. Still, after the company reviewed his resume as an applicant for Chairmanship and his plans to turn around the company’s lagging stock price, they rejected his employment on Tuesday. Crown Castle said it had confirmed that Boots Capital Management, LLC, which …
Co-founder launches Crown Castle proxy fight after being rebuffed by Elliott, to reshape its ‘ridiculed’ image
Ted Miller, the co-founder of Crown Castle, stated today that the U.S. telecom infrastructure firm could sell its fiber assets for up to $15 billion if he and his partners were added to the board of directors. In a conversation with Reuters, Miller expressed confidence that his team is ideally suited to secure buyers for the fiber division and to assist …
Former American Tower CFO Bradley Singer will now guide his former arch-competitor, Crown Castle
When American Tower Corporation (ATC) CFO Bradley Singer left the Boston-based company in 2008 for his new role as Senior Executive Vice President and Chief Financial Officer of Discovery Communications, LLC, he reflected upon his eight years at the company, stating,” I am gratified with what we have achieved together, and I believe that American Tower’s strategic and financial position and talented …
Crown Castle’s surprising about-face on Canonsburg relocation sparks employee confusion
Crown Castle Inc., in a dramatic turnaround, has left its employees in Canonsburg, PA, scratching their heads after abruptly canceling plans to relocate them to the corporate headquarters in Houston, TX. The decision comes following activist investor Elliott Investment Management’s call for changes within the company as CEO Jay Brown prepares to step down in January. Interim CEO Anthony Melone, …
Crown Castle CEO Jay Brown announces retirement amid activist investor pressure to resign
Communications infrastructure provider Crown Castle Inc. is undergoing a significant leadership change as CEO Jay Brown has decided to retire, effective January 16, 2024. The announcement comes amidst pressure from activist investor Elliott Management, which has been advocating for leadership changes and strategic improvements at the company. Brown’s departure follows a series of scathing critiques from Elliott, known for its …
Valmont initiates legal action against Better Metal for patent infringement
Nebraska-based Valmont Industries, Inc. has taken legal action against Tennessee’s Better Metal, LLC, filing a lawsuit in the U.S. District Court Middle District of Tennessee. The lawsuit alleges that Better Metal has violated four of Valmont’s patents through the manufacturing and sale of comparable products. Valmont seeks a jury trial to recover damages resulting from the patent infringements, requesting an …
Elliott Investment Management turns up the heat on Crown Castle with another scathing critique
Elliott Investment Management L.P. (“Elliott”), which manages funds that collectively have an investment of approximately $2 billion in Crown Castle Inc., on Wednesday submitted a Section 220 demand and accompanying letter to the Crown Castle Board, requesting inspection of the company’s books and records. This request follows the company’s adoption of shareholder-unfriendly amendments to its bylaws that compromise the fundamental tenets of the …
Crown Castle CEO Jay Brown must go, says Elliott Investment Management, after investing $2 billion
Elliott Investment Management L.P., which manages funds that collectively have an investment of approximately $2 billion in Crown Castle Inc., released a letter and presentation today detailing its perspectives on the company’s history of underperformance and calling for significant changes. One of those adjustments is for the Board of Directors to immediately provide an interim CEO to replace Jay Brown, who has held that position …
Crown Castle’s Federal Sales Director says he was fired in retaliation for whistleblowing
A US District Court judge for the Eastern District of Virginia, on August 23, 2023, denied Crown Castle USA, Inc.’s request to dismiss a whistleblower’s complaint for failure to make a claim, and the company is now required to answer Matthew Foosaner’s amended complaint by September 15, 2023. Foosaner alleges one count of retaliation against Crown Castle according to the …
Karmen Rajamani joins WIA as VP of Government Affairs, bringing a wealth of towerco experience
The Wireless Infrastructure Association (WIA) today announced that Karmen Rajamani has been hired as Vice President, Government Affairs, effective September 5, 2023. Rajamani joins WIA from Crown Castle where she was Vice President of Government Affairs working with state and local governments to drive tower, fiber, and small cell deployments nationwide. At WIA, while supporting all advocacy efforts, she will …
Almost half of Maui’s cell sites are operational in six impacted areas as communications on the island improves
Since yesterday, when 90% of cell sites were out of service in six hard-hit cities on Maui following the deadly wildfire that swept through the island’s west coast, carriers have considerably recovered, with 48% of sites being operational today. Ten out of 21 cell sites are in service, according to the FCC’s Communications Status Report of August 15, 2023. The …
DigitalBridge is betting a quarter billion dollars on its competitors becoming more profitable
On Monday, during its second-quarter earnings call, SBA Communications cited a slowdown in U.S. carrier activity, similar to previous announcements by American Tower Corp. and Crown Castle, whose Q2 activity had declined a whopping 50%. DigitalBridge Group, whose tower arm Vertical Bridge has 11,000 owned and master-leased towers, will release its quarterly report on Friday and takes no comfort in …
