Elliott management recommends changes at crown castle

Elliott management recommends changes at crown castle.elliott management - recommends roi-focused fiber investment approach from crown castle, increase in dividends to $7.00/share in 2021, $8.00+ in 2023.elliott says has been engaged in a private dialogue with crown castle for over a month.elliott - proposed rtc plan will increase fcf by 35% while still allowing for $600 million per year of discretionary fiber capex at crown castle.elliott - crown castle should address its extraordinarily long-tenured board.elliott management says collectively own an economic interest of $1 billion of crown castle international corp.elliott - crown castle should ensure underperforming fiber business has appropriate management skillset to deliver improved results.
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