Crown Castle, a prominent wireless tower operator, has appointed Steven Moskowitz as its new chief executive officer, effective April 11.
Steven Moskowitz brings over 25 years of industry experience to the role, having previously served as CEO of Centennial Towers Holding and NextG Network, as well as holding executive positions at American Tower (ATC) for more than 12 years.
Steven Moskowitz succeeds Anthony Melone, who served as interim CEO and will transition to a special adviser role until May 31, after which he will continue to serve on the board.
The appointment comes amid pressure from co-founder Ted Miller, who has been advocating for his appointment as executive chairman and the inclusion of three of his partners as board directors, Reuters news report said. Ted Miller and his co-investors, with a stake exceeding $100 million in the company, believe their team is best positioned to find buyers for Crown Castle’s fiber business.
Crown Castle, headquartered in Houston, announced plans in December to explore the sale of its fiber business following an agreement with hedge fund Elliott Investment Management to restructure its board. The telecom tower company rents out cellular towers to leading wireless carriers such as Verizon Communications and AT&T.
Crown Castle is aiming to achieve annual revenue of $6.37 billion during 2024.
Steven Moskowitz’s industry experience includes over a decade at American Tower Corporation, where he held various executive leadership roles, including seven years as EVP and President of the U.S. Tower business. During his tenure, American Tower’s U.S. operations saw significant expansion, becoming the largest and most profitable wireless infrastructure company in the country.
Most recently, Steven Moskowitz served as CEO of Centennial Towers, where he played a pivotal role in establishing the company as a leading provider of build-to-suit cell sites in Brazil, Colombia, and Mexico. Prior to that, he led NextG Networks as CEO, overseeing the successful scaling of the business and doubling its asset base before its acquisition by Crown Castle in 2012.
TelecomLead.com News Desk
