Crown Castle Announces Appointments of Executive Officers
September 05 2017 - 5:00PM
Crown Castle International Corp. (NYSE:CCI) ("Crown Castle")
announced today that, effective immediately, James D. Young, Crown
Castle’s previous Senior Vice President and Chief Operating
Officer, has been designated to lead Crown Castle’s fiber solutions
activities and appointed Senior Vice President and Chief Operating
Officer – Fiber. In addition, Robert C. Ackerman, who
previously served as an Area President of Crown Castle’s operating
subsidiaries, has been appointed Senior Vice President and Chief
Operating Officer – Towers and Small Cells. Mr. Young and Mr.
Ackerman report to Jay Brown, Crown Castle’s Chief Executive
Officer.
Mr. Young joined Crown Castle in October 2005
and has served as Senior Vice President and Chief Operating Officer
since 2009. Mr. Ackerman joined Crown Castle in August 1998
and has served as an Area President of its operating subsidiaries
since 2002. Mr. Young and Mr. Ackerman have approximately
30 and 20 years of experience, respectively, in the telecom
industry.
“Both Jim and Bob bring operational and
organizational leadership that will be instrumental as we continue
to grow our business and position ourselves for future
opportunities,” stated Mr. Brown. “Jim’s strengths as an
operator and leader will be invaluable as we integrate our pending
Lightower acquisition and grow our fiber solutions activities to
deliver value for our customers and stockholders. Bob brings
a wealth of experience and has consistently demonstrated the
ability to deliver results, which will enable us to continue to
execute for our tower and small cell customers. With the
right team in place and a market leading portfolio of towers, small
cells and fiber, I believe we are well-positioned to capture the
benefits of continued exponential growth in demand for data and
connectivity.”
ABOUT CROWN CASTLE
Crown Castle provides wireless carriers with the
infrastructure they need to keep people connected and businesses
running. With approximately 40,000 towers and 60,000 route miles of
fiber supporting small cells following the completion of the
Lightower acquisition, Crown Castle is the nation's largest
provider of shared wireless infrastructure with a significant
presence in the top 100 US markets. For more information on Crown
Castle, please visit www.crowncastle.com.
Cautionary Language Regarding
Forward-Looking Statements
This press release contains forward-looking
statements that are based on Crown Castle management’s current
expectations. Such statements include plans, projections and
estimates regarding (1) the completion of the Lightower acquisition
and the assets to be acquired therefrom, (2) the growth in wireless
demand and benefits to be derived therefrom, and (3) our strategic
position. Such forward-looking statements are subject to
certain risks, uncertainties and assumptions, including prevailing
market conditions and other factors. Should one or more of
these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those expected. More information about potential risk
factors that could affect Crown Castle and its results is included
in Crown Castle’s filings with the SEC. The term “including,”
and any variation thereof, means “including, without
limitation.”
Contacts: |
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Dan Schlanger, CFO |
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Son Nguyen, VP &
Treasurer |
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Crown Castle
International Corp. |
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713-570-3050 |
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