Crown Castle terminates DISH contract after default; claims over $3.5B owed

CROWN CASTLE INC.

DISH Wireless defaulted on payment obligations; Crown Castle terminated the master lease agreement.
DISH owes Crown Castle in excess of $3.5 billion in remaining payments under the contract.
Crown Castle does not expect the termination to impact its full-year 2025 financial results.
DISH's parent EchoStar is selling spectrum licenses to AT&T and SpaceX for over $40 billion.
Crown Castle stated it will enforce its contractual rights against DISH and pursue recovery.

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