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 International Corp. (NYSE: CCI) announced that CFO Dan Schlanger will present at the RBC Capital Markets Global Tower and Wireless Infrastructure Summit on September 28, 2021, at 3:20 p.m. ET. The presentation will be available via live audio webcast on Crown Castle's website, and it will be archived for later replay. Crown Castle operates over 40,000 cell towers and around 80,000 route miles of fiber, providing essential communication infrastructure across the U.S. Visit www.crowncastle.com for more details.
On September 10, 2021, Crown Castle International Corp. (NYSE: CCI) announced that CEO Jay Brown will present at the Goldman Sachs Communacopia Virtual Conference on September 22, 2021, at 4:35 p.m. ET. The live presentation will be accessible via an audio webcast on Crown Castle's website, where it will also be archived for future viewing.
Crown Castle operates more than 40,000 cell towers and 80,000 route miles of fiber across the U.S., providing essential communication infrastructure to support wireless services nationwide.
Crown Castle International Corp. announced the appointment of Catherine Piche as the new Executive Vice President and Chief Operating Officer–Towers, effective September 1, 2021. Piche, who joined the company in 2011, has held various leadership roles and possesses extensive operational experience that will aid in supporting 5G deployments. She succeeds Robert C. Ackerman, who will retire after 50 years in the industry, including 23 years at Crown Castle, and will stay on in an advisory role until February 2022 to assist in the transition.
Crown Castle has declared a quarterly cash dividend of $1.33 per common share, payable on September 30, 2021. This dividend will be distributed to stockholders of record by close of business on September 15, 2021. Future dividends are contingent on approval from the Board of Directors. Crown Castle operates over 40,000 cell towers and 80,000 route miles of fiber, providing essential communication infrastructure across the U.S., supporting data and wireless service.
Crown Castle International Corp. (NYSE: CCI) announced that Ben Lowe, Vice President of Corporate Finance and Treasurer, will present at the Cowen 7th Annual Communications Infrastructure Summit on August 10, 2021, at 4:40 p.m. ET. The presentation, lasting approximately 40 minutes, will be available via live webcast on the company's website, where it will also be archived for replay. Crown Castle operates over 40,000 cell towers and 80,000 route miles of fiber, providing essential wireless and data solutions across major U.S. markets.
Crown Castle International Corp. (NYSE: CCI) reported robust Q2 2021 results, showcasing site rental revenues of $1,425 million, an 8% increase year-over-year. Income from continuing operations surged to $333 million, up 67%, with AFFO per share growing 18% to $1.71. The company increased its full-year AFFO per share growth outlook to 12%, driven by high tower activity amid 5G deployment. Capital expenditures were $308 million. The common stock dividend rose 11% to $1.33 per share. Crown Castle remains optimistic about supporting 5G growth and delivering long-term shareholder value.
Crown Castle plans to release its second quarter 2021 results on July 21, 2021, after market closure. A conference call is scheduled for July 22, 2021, at 10:30 a.m. eastern time, accessible via phone and live Internet stream. The replay will be available until October 20, 2021. Crown Castle operates over 40,000 cell towers and approximately 80,000 route miles of fiber, facilitating essential communication infrastructure across major U.S. markets. For further details, visit the company’s investor relations website.
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Crown Castle announced the pricing of its public offering of 2.500% Senior Notes due 2031, amounting to $750 million. These notes will yield 2.529% and are priced at 99.743% of face value. After expenses, net proceeds are estimated at $739 million. The funds will be used to repay existing debt, including Senior Secured Tower Revenue Notes and commercial paper, and for general corporate purposes. The offering is conducted under an effective SEC registration statement, and further details can be found in the prospectus.
Crown Castle International Corp. (NYSE: CCI) announced a public offering of senior notes, subject to market conditions. The net proceeds will be used to fully repay Senior Secured Tower Revenue Notes, Series 2015-1, Class C-2022, reduce commercial paper program debt, and for general corporate purposes. The offering is under an existing SEC shelf registration. Major banks involved include BNP Paribas, J.P. Morgan, and Truist Securities. The release contains forward-looking statements, indicating potential risks that could affect actual results.