Increased Full Year 2025 Outlook
Crown Castle raised their full year 2025 outlook with increases of $10 million to site rental revenues, $25 million to adjusted EBITDA, and $35 million to AFFO, driven by higher demand for assets and improved operating efficiency.
Operational Efficiency Improvements
The company reduced full year 2025 overhead costs by $10 million and improved margins in the services business by reducing operating costs.
Progress on Divestiture
Crown Castle is on track to close the sale of its small cells and fiber solutions businesses in the first half of 2026, with state-level approvals already being received.
Improved Service Gross Margin
The service gross margin has improved due to structural changes, showing sustainable increases over the past 6 to 12 months.