Thread regarding Crown Castle International Corp. layoffs

Remember when people thought we would get confirmation by Christmas?

Lol those were fun times. What's the current timeline lie now? Were "the holidays" supposed to mean Easter?

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| 1461 views | | 6 replies (last January 15, 2025) | Reply
Post ID: @OP+1jhn6v2fp

6 replies (most recent on top)

They can’t announce bc there is no sale. They financial cannot afford to write down the fiber investment so they will announce they keep fiber and cut the dividend. That just slows down the sinking eventually the companies debt and inability to increase revenue will sink it entirely.

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Post ID: @bd+1jhn6v2fp

They let all of the Lightower leadership go within a year or two, can't blame them.

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Post ID: @b6+1jhn6v2fp

Fiber will fail because they allowed lighttower leadership to run the show and fail at any kind of integration within the company, technically, systematically, culturally, or otherwise.

Its a mess, what could have been a preventable mess, but the EMT arent involved in the day to day management that has failed.

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Post ID: @b4+1jhn6v2fp

When people say that there won’t be a sale but yet Crown is going to run fiber into the ground. What are you saying is going to happen? Not like fiber is just going to shut its doors one day

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Post ID: @ay+1jhn6v2fp

I'm totally guessing, but I don't think they are selling.

This has always been hearsay anyway. Sure there was a review done, but they thought they would be able to fetch 4-7 billion more than the offers. No one has come close to the numbers they were hoping for.

They will run it the rest of the way into the ground because Fiber can not produce the returns they are looking for.

They will cut more jobs and ask the few su-kers left to do more, we are already seeing it on the fiber side. my department is reduced by 75% from when I took this position but the work hasn't slowed down.

When you do that I don't care how good an employee is, quality is going to suffer.

Fiber will be the anchor that sinks the Titanic that is Crown Castle, because the EMT mismanaged it and expected it to perform like Tower assets.

For those of left, get your violins ready and play us a catchy tune before we hit the freezing cold water.

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Post ID: @av+1jhn6v2fp

It’s the recently added floating holiday. The EMT picks the date.

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Post ID: @ag+1jhn6v2fp

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