Recent Updates — CCI
Crown Castle reported second quarter 2026 results, featuring AFFO of $488 million ($1.13 per share), a 10% increase from Q2 2025. The company completed the sale of its Fiber and Small Cell businesses on May 1, 2026, for $8.4 billion in net proceeds, using the funds to repurchase $1 billion in shares and repay over $7 billion in debt. For full year 2026, the company updated its outlook, increasing the midpoint for AFFO to $1,975 million and AFFO per share to $4.59. Site rental revenues for Q2 2026 were $967 million, down 4% year-over-year, impacted by DISH terminations and Sprint cancellations. The company operates in the wireless infrastructure industry, owning and leasing approximately 40,000 cell towers across the U.S.
Crown Castle Inc. has declared a quarterly dividend of $1.0625 per share, payable on June 30, 2026, to stockholders of record as of June 15, 2026. This announcement confirms the company's ongoing commitment to returning capital to shareholders and establishes the immediate yield for investors.
Crown Castle Inc. completed the sale of its fiber solutions and small cells businesses for $8.5 billion in cash and authorized a new $1.0 billion stock repurchase program. The company also announced the resignation of Christopher D. Levendos as Executive Vice President and Chief Operating Officer—Fiber.
Crown Castle Inc. entered into a new $4.5 billion unsecured revolving credit facility maturing in May 2031, which includes a $100 million subfacility for letters of credit and an option for up to $500 million in additional commitments. The company also terminated its existing 2016 credit agreement, using proceeds from the sale of its fiber solutions and small cells businesses to repay all outstanding loans under the previous facility.
Crown Castle Inc. issued a press release on April 22, 2026, disclosing its financial results for the first quarter ended March 31, 2026. The company also provided a supplemental information package via its website to accompany the earnings announcement.