U.S. COMPANY FILING
CROWN CASTLE INC. — Form 10-K filed 2026-02-23
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Crown Castle reported 2025 continuing operations with $3.1B operating cash flow and ~$2.1B dividends. It agreed to sell its Fiber business for $8.5B, expected to close H1 2026. Due to DISH default, it terminated agreements and claims >$3.5B; 2026 outlook excludes DISH revenue. A 2026 restructuring plan targets $65M annual savings. Debt ~$24.2B, 84% fixed-rate. Top three tenants account for 90% of site rental revenue.
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