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Crown Castle Inc. (NYSE: CCI) operates as a U.S.-focused wireless tower REIT that owns, operates and leases approximately 40,000 cell towers. Following the completed sale of its Fiber Solutions and Small Cell businesses, company updates center on tower leasing, site rental revenue, wireless carrier relationships, capital allocation and debt reduction.
Recurring Crown Castle news includes quarterly and annual operating results, outlook updates, common stock dividends, tax reporting for distributions, stock repurchase plans, credit and balance-sheet actions, customer contract matters and governance or executive-compensation developments tied to its communications infrastructure portfolio.
Crown Castle announced a partnership with Boys & Girls Clubs of America to launch the 'Crown Castle Connects Youth to STEM Program'. This initiative aims to inspire youth in STEM fields and will support over 50 clubs across the U.S. over the next two years. The program includes a nearly $2 million investment through volunteer efforts and financial support. Notably, 52% of Boys & Girls Club members show interest in STEM careers, exceeding the national average of 27%. The program will feature events like clean-up days and STEM Inspiration Days in 2023.
Crown Castle announced that CFO Dan Schlanger will present at the Morgan Stanley 2022 European Technology, Media & Telecom Conference on November 17, 2022, at 8:55 a.m. CET (3:55 a.m. EST). The presentation will be available via a live audio webcast on the company’s website and will also be archived for later access. Crown Castle operates over 40,000 cell towers and 85,000 route miles of fiber, serving major U.S. markets with critical communications infrastructure.
Crown Castle announced a quarterly cash dividend of $1.565 per common share, payable on December 30, 2022, to shareholders of record by the close of business on December 15, 2022. Future dividends will require approval from the Board of Directors. The company operates over 40,000 cell towers and approximately 85,000 miles of fiber, providing essential infrastructure for wireless communications across major U.S. markets.
Crown Castle reported its Q3 2022 results, revealing an 8% increase in site rental revenues to $1.568 billion and a 19% rise in income from continuing operations to $419 million. The company raised its annual common stock dividend by 6.5% to $6.26 per share, reflecting confidence amid macroeconomic challenges. For FY2023, site rental revenues are projected to grow 4% to $6.511 billion, while income from continuing operations is expected to decrease by 3%. Crown Castle anticipates strong growth in its Towers segment and plans to double its small cell deployments to 10,000 nodes.
Crown Castle Inc. (NYSE: CCI) will announce its third quarter 2022 results on October 19, 2022, after market hours. A conference call to discuss these results is scheduled for October 20, 2022, at 10:30 a.m. Eastern Time. The call can be accessed by dialing 866-571-0905 or through the company’s investor relations website.
A replay of the conference call will be available from October 20, 2022, 1:30 p.m. until January 25, 2023. Crown Castle operates over 40,000 cell towers and around 85,000 route miles of fiber in the U.S.
Crown Castle announced that CEO Jay Brown will present at the Goldman Sachs Communacopia Virtual Conference on September 15, 2022, at 12:15 p.m. Eastern Time. The presentation will be broadcast live and available for replay on their website. Crown Castle owns and operates over 40,000 cell towers and approximately 85,000 route miles of fiber infrastructure across major U.S. markets, enhancing connectivity for businesses and communities.
Crown Castle announced that CFO Dan Schlanger will present at the Bank of America 2022 Media, Communications & Entertainment Conference on September 8, 2022, at 12:40 p.m. Eastern Time. The presentation, lasting approximately 40 minutes, will be broadcast live online and later archived on Crown Castle's website for replay.
Crown Castle operates over 40,000 cell towers and 85,000 route miles of fiber across the U.S., providing vital communications infrastructure.
Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.47 per common share. This dividend will be payable on September 30, 2022 to shareholders on record by September 15, 2022. The company's Board of Directors will approve future dividends. Crown Castle operates over 40,000 cell towers and 85,000 route miles of fiber, supporting essential communication infrastructures across major U.S. markets.
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Crown Castle reported strong Q2 2022 results with site rental revenues reaching $1.57 billion, a 10% increase year-over-year. Income from continuing operations grew by 26% to $421 million, and Adjusted EBITDA rose 13% to $1.08 billion. The company maintains its full-year revenue outlook of $6.26 billion, reflecting a 10% increase over 2021. However, rising interest expenses are noted as a concern. Crown Castle plans to enhance small cell deployments and recently increased its credit facility to $7 billion, reinforcing its financial stability.