CCI Crown Castle International Corp

Crown Castle Names Sunit Patel as Chief Financial Officer

Crown Castle Names Sunit Patel as Chief Financial Officer

HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today the appointment of Sunit Patel to the position of Executive Vice President and Chief Financial Officer (CFO), effective April 1, 2025. Mr. Patel will be leaving his position on Crown Castle’s Board of Directors, effective March 17, 2025.

"We look forward to welcoming Sunit Patel to the Crown Castle team,” said Steven Moskowitz, Crown Castle's Chief Executive Officer. "Sunit brings unique, extensive telecommunications industry insight and more than 30 years of experience in senior finance roles across telecommunications, energy, and technology. He is exceptionally well-suited to help lead Crown Castle as we complete our recently announced divestiture and set course as the only pure-play, publicly traded US tower company.”

About Sunit Patel

Mr. Patel served on the Crown Castle Board of Directors from January 2024 to March 2025. He previously served as Chief Financial Officer of Ibotta Inc., a North American cashback rewards and mobile technology platform. Mr. Patel has more than 25 years of executive leadership, including 15 years as a public telecommunications company CFO. In 2000, Mr. Patel co-founded Looking Glass Networks Inc., a facilities-based provider of metropolitan telecommunication transport services and served as its CFO until 2003. From 2003 to 2018, Mr. Patel served as EVP and CFO of CenturyLink, now Lumen, a role he held for over 14 years at Level 3 prior to its 2017 merger with CenturyLink. From 2018 to 2020, Mr. Patel served as EVP, Merger and Integration at T-Mobile, where he led T-Mobile's strategic planning efforts to integrate its business with Sprint following the companies' $26.5 billion merger.

Mr. Patel holds a B.S. degree in Chemical Engineering and Economics from Rice University and is a Chartered Financial Analyst.

CAUTIONARY LANGUAGE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that are based on Crown Castle management's current expectations. Such statements include plans, projections and estimates regarding (1) the appointment of Mr. Patel, including the effective date thereof, and his expected contributions to Crown Castle, and (2) the recently announced divestiture of Crown Castle’s Fiber business, including the completion and timing thereof. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect Crown Castle and its results is included in Crown Castle's filings with the Securities and Exchange Commission. The term "including," and any variation thereof, means "including, without limitation."

ABOUT CROWN CASTLE

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service - bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit .

CONTACTS

Dan Schlanger, CFO

Kris Hinson, VP & Treasurer

Crown Castle Inc.

713-570-3050



EN
17/03/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Crown Castle International Corp

 PRESS RELEASE

Crown Castle Appoints Katherine Motlagh to its Board of Directors

Crown Castle Appoints Katherine Motlagh to its Board of Directors HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today the appointment of Katherine Motlagh to its board of directors. Ms. Motlagh’s appointment is effective today, March 17, 2025. Ms. Motlagh previously served as CFO of CyrusOne LLC and CFO of the Europe, Africa and Latin America regions of American Tower Corporation. She currently serves on the board of directors of EVgo, Inc., where she serves as Chair of the audit committee. “Katherine brings extensive financial, inv...

 PRESS RELEASE

Crown Castle Names Sunit Patel as Chief Financial Officer

Crown Castle Names Sunit Patel as Chief Financial Officer HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today the appointment of Sunit Patel to the position of Executive Vice President and Chief Financial Officer (CFO), effective April 1, 2025. Mr. Patel will be leaving his position on Crown Castle’s Board of Directors, effective March 17, 2025. "We look forward to welcoming Sunit Patel to the Crown Castle team,” said Steven Moskowitz, Crown Castle's Chief Executive Officer. "Sunit brings unique, extensive telecommunications industry...

Moody's affirms Crown Castle Inc.'s Baa3 ratings, changes outlook to n...

Moody's Ratings (Moody's) today affirmed Crown Castle Inc.'s ("Crown Castle" or the "the REIT") Baa3 senior unsecured debt rating and changed the outlook to negative from stable. In the same rating action, we affirmed the REIT's Prime-3 commercial paper (CP) rating, (P)Baa3 senior unsecured shelf ra...

 PRESS RELEASE

Crown Castle Announces Agreement To Sell Fiber Segment to EQT and Zayo...

Crown Castle Announces Agreement To Sell Fiber Segment to EQT and Zayo, Reports Fourth Quarter and Full Year 2024 Results, and Provides Outlook for Full Year 2025 Successfully Concludes Strategic Review with Agreement to Sell Small Cells and Fiber Solutions for $8.5 Billion Results in Crown Castle as the Only Pure-Play, Publicly-Traded US Tower Company Increases Capital Efficiency with Updated Capital Allocation Framework, Including Anticipated New Dividend Policy and Proposed Approximately $3.0 Billion Share Repurchase Program HOUSTON, March 13, 2025 (GLOBE NEWSWIRE) -- Crown Castle I...

 PRESS RELEASE

Crown Castle Announces Updated Fourth Quarter 2024 Earnings Conference...

Crown Castle Announces Updated Fourth Quarter 2024 Earnings Conference Call Details HOUSTON, March 12, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to reschedule the release of its fourth quarter 2024 results to Thursday, March 13, 2025, after the market closes. As previously disclosed, Crown Castle is pursuing a review of strategic alternatives that may be available with respect to its Fiber segment. Due to the significant demands related to the strategic review, Crown Castle has rescheduled its conference call for Thursday, March 13, 2025 at 5:00 p.m. ea...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch