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 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.
Crown Castle announced it has amended its Senior Unsecured Credit Facility, increasing commitments by $2 billion, raising the total to $7 billion. The maturity of this Credit Facility has been extended to July 2027. The updated facility comprises a $1.2 billion Senior Unsecured Term Loan A and a $7 billion Revolving Credit Facility. This move aims to strengthen the company's financial flexibility and support its extensive portfolio of over 40,000 cell towers and 80,000 route miles of fiber across the U.S., enhancing connectivity for cities and businesses.
Crown Castle International Corp. (NYSE: CCI) will release its Q2 2022 results on July 20, 2022, after market close. A conference call is scheduled for July 21, 2022, at 10:30 a.m. ET, accessible via phone or live stream. A telephonic replay will be available from July 21 to October 19, 2022. Crown Castle operates over 40,000 cell towers and more than 80,000 route miles of fiber nationwide, providing essential data and wireless services across major US markets.
Crown Castle International Corp. (NYSE: CCI) announced that CFO Dan Schlanger will present at Nareit’s REITweek: 2022 Investor Conference on June 7, 2022, at 3:00 PM ET. The presentation, lasting approximately 30 minutes, will be accessible online through the Nareit REITweek website. Crown Castle operates more than 40,000 cell towers and 80,000 route miles of fiber across the U.S., providing essential communication infrastructure for data and wireless services. For further details on Crown Castle, visit their official website.
Crown Castle International Corp. (NYSE: CCI) will have its Chief Financial Officer, Dan Schlanger, present at the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 23, 2022, at 9:20 a.m. ET. The presentation is expected to last about 35 minutes and will be available for live streaming on the company’s website, where it will also be archived for later viewing. Crown Castle operates over 40,000 cell towers and 80,000 miles of fiber infrastructure, connecting communities with vital data and technology.