Data Center News

Centersquare sued by investment manager CenterSquare

Philadelphia-based investment manager CenterSquare has filed a trademark infringement lawsuit against data center firm Centersquare. The lawsuit, filed on August 24, includes allegations of cybersquatting, or using a domain name too similar to a protected trademark with the intent to profit ...

December 20, 2024

Philadelphia

Crown Castle changes focus to small cells as building towers

Crown castle which operates more than 40,000 towers, has acknowledged that it's become more difficult to build new infrastructure. This is due to opposition from residents and the fact that some municipalities don't want more telecom masts at all."It's generally because it's very difficult to ...

June 12, 2024

Crown Castle

Glass Lewis stands with Ted Miller against Crown Castle board

Proxy firm Glass Lewis has publicly urged Crown Castle shareholders to vote for two activist director candidates, including the company's co-founder and former chief executive officer, Ted Miller, to the board, along with former CFO Charles Green. Furthermore, Glass Lewis also told shareholder...

May 17, 2024

Crown Castle

Crown Castle reveals update on fiber business review

Tower company Crown Castle recently revealed that it has been in talks with multiple parties regarding its fiber business in recent months. Miller, who was the company's CEO until 2001, wants to sell the fiber business and has previously said the assets could fetch as much as $15 billion."The ...

April 22, 2024

Crown Castle

Crown Castle announces new CEO

Crown Castle has announced Steven J. Moskowitz as president and CEO, bringing an end to Crown Castle's search for a successor to former CEO Jay Brown, who announced his departure in December. Anthony Melone acted as interim CEO from January 16, 2024. “I have long admired Crown Castle’s quality...

April 09, 2024

Crown Castle

Crown Castle CEO announces retirement plans after investors call for change

Crown Castle has announced that its CEO, Jay Brown has informed them of his decision to step down from the role of CEO earlier this week and will retire from the company next year. This news comes only a week after activist investor Elliott Investment Management issued a statement calling for ...

December 09, 2023

Crown Castle

Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania

Wells Fargo has announced that it is exiting its lease at the Philadelphia Plaza building at 101 N. Independence Mall, leaving its office and data center and relocating to offices in Two Logan Square and Commerce Square.According to the company, no layoffs are set to take place, and there will...

July 07, 2023

Philadelphia

Lightower Fiber Networks to Merge with Fibertech Networks (PR)

Boxborough, Massachusetts and Rochester, New York — Lightower Fiber Networks, a leading provider of custom, high-capacity network services that ensure optimal application and business performance, and Fibertech Networks, a leading provider of fiber-optic based network services throughout mid-...

April 27, 2015

Crown Castle

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