Crown Castle has increased its 2025 financial projections following strong Q3 performance. The tower company anticipates significant opportunities from upcoming carrier spectrum deployments, according to reports. The planned $8.5 billion sale of small cell and fiber assets remains on track for 2026.
Financial Performance and Outlook Upgrade
Crown Castle has reportedly increased its full-year financial outlook after posting mixed third-quarter results, according to the company’s earnings report. Site rental revenues declined 5% year-over-year to $1.01 billion, while net income improved to $323 million from $303 million during the same period last year.