CROWN CASTLE INC. (CCI): M&A transaction — Crown Castle closes $8.5B sale of fiber/small cells; plans $1B buyback, >$7B debt cut

CROWN CASTLE INC.

Fiber solutions sold to Zayo, small cells to Arium/EQT for $8.5B cash (net ~$8.4B after adjustments).
Proceeds deployed: $1.0B share repurchase authorized and debt reduction of more than $7.0B.
COO-Fiber Christopher Levendos resigns effective May 1, 2026 to join Zayo.
Company updates full-year 2026 outlook; becomes pure-play tower operator.
Pro forma balance sheet shows $2.0B immediate debt repayment; annual interest savings ~$85M.

item 2.01 item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Christopher D. Levendos

Executive Vice President and Chief Operating Officer—Fiber

CCI · CROWN CASTLE INC.

Effective: 2026-05-01
Filed: May 1, 2026, 7:59 PM ET

As of the Closing Date, Christopher D. Levendos has resigned from his position as the Company's Executive Vice President and Chief Operating Officer—Fiber to pursue an opportunity with Zayo.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher D. Levendos resigned as Executive Vice President and Chief Operating Officer—Fiber at CROWN CASTLE INC..

Action: resigned
Role: Executive Vice President and Chief Operating Officer—Fiber

Exact text from the filing

As of the Closing Date, Christopher D. Levendos has resigned from his position as the Company's Executive Vice President and Chief Operating Officer—Fiber to pursue an opportunity with Zayo.

View on SEC.gov

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.99

CROWN CASTLE INC. completed a disposition involving Fiber Finco, LLC (Zayo Purchaser) and Small Cells Holdco Inc. (Arium Networks) for $8.5 billion in cash (closed 2026-05-01).

Action: disposition
Counterparty: Fiber Finco, LLC (Zayo Purchaser) and Small Cells Holdco Inc. (Arium Networks)
Consideration: $8.5 billion in cash
Closing: 2026-05-01

Exact text from the filing

cells business to Small Cells Holdco Inc., a Delaware corporation, referred to as Arium Networks (together with Zayo Purchaser, "Purchasers") for aggregate cash proceeds of $8.5 billion in cash, subject to certain adjustments ("Transaction"). The Transaction was consummated pursuant to the terms and conditions of the Stock Purchase Agreement, dated as of March

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20 earnings releases filed in the last 30 days. Browse all earnings releases →

CROWN CASTLE INC. filing history →

Source: SEC EDGAR

accession 0001051470-26-000052

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