CCI · 10-Q · 2026Q2 · Full report

Capital Expenditure Outlook

CROWN CASTLE INC. · 2026-08-05 · Importance 28 · Surprise 42

Crown Castle reported $102 million of discretionary capital expenditures for the six months ended June 30, 2026. Spending primarily supported improvements to existing towers for additional tenants and purchases of land beneath towers. Management expects to continue constructing and acquiring towers intended to generate future cash-flow growth and attractive long-term returns. The company also expects to continue acquiring land interests related to land under its towers, while sustaining capital expenditures remained less than 1% of net revenues for the period.

Key facts

• We seek to invest available capital, including net cash from operations and external financing sources, to construct and acquire new towers, acquire land interests, improve existing towers, repurchase common stock and manage debt. source
• All debt had a fixed rate as of June 30, 2026. source