Thread regarding Crown Castle International Corp. layoffs

Crown Castle Issues Statement in Response to Elliott

https://finance.yahoo.com/news/crown-castle-issues-statement-response-174300001.html?guccounter=2

We value the views of all our shareholders as we seek to better understand their perspectives on our strategy, performance and business objectives. We look forward to reviewing Elliott’s materials and are open to commencing a constructive engagement with Elliott. The Company’s Board of Directors remains confident in Crown Castle’s executive leadership as the Company continues to act in the best interests of all shareholders.

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| 2412 views | | 12 replies (last November 29, 2023) | Reply
Post ID: @OP+1pOzNNQh

12 replies (most recent on top)

@1yan+1pOzNNQh Good point. Even if they give them their bs number, Elliot needs to ask them to define what a node is.

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Post ID: @1pun+1pOzNNQh

It's a fairly safe bet that a review won't even reveal how many small cell nodes actually exist.

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Post ID: @1yan+1pOzNNQh

Of course crown will only be able to provide bags of trash. All the SC and related fiber was tracked in JDE and everything else fiber related in Oracle. Neither one of them could track the true capital expenditures. That’s why Crown could never accurately categorize how much they were spending on towers and how much on fiber. Elliott will have a lot of fun with that data.

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Post ID: @1dhj+1pOzNNQh

Elliott responds with a 220 demand.

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Post ID: @1tnl+1pOzNNQh

Crown's response = weak

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Post ID: @lnr+1pOzNNQh

Company survey ha! Any survey in my department results in the Mgr and her cronies bullying people to find out who wrote what. If they decide you are the one that gave a bad review you're screwed. Whether you actually did or not. What a joke.

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Post ID: @gml+1pOzNNQh

Ha! Arconic dejavu:
"The board, as well as management, have had intense dialogue with Elliott and spent countless hours to go through those assertions," Kleinfeld told network CNBC in an interview on Tuesday. "The board stands behind the strategy and they stand behind me."

Then elliott's P.I.s dug into K's private life of family, children and neighbor's until he snapped and had to step down for sending Elliott a threatening letter.

A CEO has better chances of surviving Stage 4 cancer than surviving Paul Singer. Good luck JB, you'll need it.

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Post ID: @tso+1pOzNNQh

Elliot is right and regardless of what comes out of the emt’s mouths, the board listens

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Post ID: @ytx+1pOzNNQh

I bet a consultant was paid millions for that nothing statement.

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Post ID: @tsp+1pOzNNQh

"The Company’s Board of Directors remains confident in Crown Castle’s executive leadership as the Company continues to act in the best interests of all shareholders."

That's the best they could come up with?
Confidence in the leadership that has wiped out billions of value?
Our board apparently consists of only the deaf, the d-mb and the blind - diversity in action.

SMH!

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Post ID: @vhj+1pOzNNQh

When does the next company-wide survey come out where we are able to grade/comment about Jay Brown, EMT and managers? In light of all that has recently occurred with the last layoff of 750 people, our office consolidations, and comments in this web site, we need a survey now to voice our concerns as employees.

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Post ID: @mmf+1pOzNNQh

Company conversation this Thursday!!!! Stay tuned

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Post ID: @ujc+1pOzNNQh

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