Crown Castle co-founder Ted Miller proposes to join board, sell fiber assets for $15B, but board rejects nominees due to lack of expertise.
Crown Castle co-founder Ted Miller is seeking to join the company's board and sell its fiber assets for up to $15 billion, but the board has rejected his nominees, citing lack of relevant expertise. Miller, who co-founded Crown Castle in 1994, is seeking to realign the company's focus as a pure-play US tower company and increase efficiency. The company operates over 40,000 telecom towers in the US.
February 23, 2024
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