On May 16, 2024, Boots Capital Management, LLC issued a statement that Crown Castle Inc.'s annual meeting is taking place on May 22, 2024. Boots Capital stated that it urges shareholders to vote Boots Capital?s proxy card for its 4 director nominees ? Ted Miller, Charles Green, David Wheeler, and Tripp Rice ?

and withhold on all the Company nominees. Boots Capital stated that the Board has spent more than $22 billion on fiber assets currently worth approximately $12.5 billion that have never earned back their cost of capital. Boots Capital added that worse, the Board plans to spend another $1.4 billion on fiber in 2024.

Boots Capital also stated that an independent proxy advisor Glass Lewis agrees the Company is a chronic underperformer and recommends shareholders replace long-tenured incumbent directors Cindy Christy and Ari Fitzgerald.