Crown Castle (CCI) Q4 FY24 earnings call

Crown Castle announced the definitive sale of its Fiber segment to EQT and Zayo, marking the conclusion of its strategic review and a pivot to becoming a pure-play U.S. tower company. The transaction, expected to close in H1 2026, will generate substantial cash proceeds for debt repayment, share repurchases, and a revised dividend policy. The company delivered solid Q4 and FY24 results, driven by cost reductions and strong organic growth across segments, while providing a 2025 tower-only outlook of 4.5% organic growth, excluding Sprint churn.