Welcome to our dedicated page for Crown Castle news (Ticker: CCI), a resource for investors and traders seeking the latest updates and insights on Crown Castle stock.
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 a quarterly cash dividend of $1.33 per common share. This dividend will be payable on December 31, 2020, to stockholders of record by the close of business on December 15, 2020. The Board of Directors will approve any future dividends. Crown Castle owns over 40,000 cell towers and 80,000 route miles of fiber infrastructure, enhancing connectivity across major U.S. markets.
Crown Castle International Corp. (NYSE: CCI) has appointed Tammy K. Jones and Matthew Thornton, III as independent directors, effective November 6, 2020, as part of its Board transition plan. Tammy Jones brings over 25 years of experience in commercial real estate and capital markets, currently serving as CEO of Basis Investment Group. Matthew Thornton has over 40 years of leadership experience, most recently as COO of FedEx Freight. Both are expected to significantly contribute to Crown Castle's strategy, particularly in advancing its nationwide 5G network initiatives.
Crown Castle International Corp. (CCI) reported Q3 2020 results, showing a 4% increase in site rental revenues to $1.339 billion. However, net income fell by 33% to $163 million due to a $95 million loss from the retirement of senior unsecured notes. Despite this, the company raised its annual dividend by 11% to $5.32 per share. CCI anticipates 6% growth in organic site rental revenue in 2021, supported by ongoing demand for its 5G infrastructure.
Crown Castle International Corp. (NYSE: CCI) corrected its earlier press release regarding its earnings announcement timeline. The company will disclose its third quarter 2020 results on October 21, 2020, and host a conference call on October 22, 2020, at 10:30 a.m. ET. Investors can access the call via phone or online. A replay of the call will be available until January 20, 2021. Crown Castle operates over 40,000 cell towers and approximately 80,000 route miles of fiber, providing essential communications infrastructure across the U.S.
Crown Castle International Corp. (NYSE: CCI) will announce its third quarter 2020 earnings on October 21, 2020, after market close.
A conference call is scheduled for October 22, 2020, at 10:30 a.m. ET, accessible by dialing 800-458-4148 or via the company's website.
A replay will be available from 1:30 p.m. ET on October 22 until 1:30 p.m. ET on January 20, 2021.
Crown Castle International Corp. (NYSE: CCI) announced that CFO Dan Schlanger will present at the RBC Capital Markets Virtual Investor Day on September 29, 2020, at 2:40 p.m. Eastern Time. This presentation will be accessible via live audio webcast on Crown Castle’s website, where it will also be archived for future viewing. Crown Castle operates over 40,000 cell towers and about 80,000 route miles of fiber, providing essential connections for data and technology across major U.S. markets.
Crown Castle International Corp. (NYSE: CCI) announced that CEO Jay Brown will present at the Goldman Sachs Communacopia Virtual Conference on September 17, 2020, at 9:40 a.m. Eastern Time. The presentation will be streamed live on Crown Castle’s website, where it will be available for replay afterward. Crown Castle operates over 40,000 cell towers and approximately 80,000 route miles of fiber across major U.S. markets, providing vital communications infrastructure essential for data and wireless services.
HOUSTON, Aug. 28, 2020 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) has announced that Dan Schlanger, Executive Vice President and CFO, will present at the Bank of America Merrill Lynch 2020 Media, Communications & Entertainment Conference on September 9, 2020, at 10:45 a.m. ET. The presentation, expected to last about 40 minutes, will be available via live audio webcast on Crown Castle's website and archived for later access.
Crown Castle operates over 40,000 cell towers and 80,000 route miles of fiber, enhancing connectivity across major U.S. markets.
Crown Castle International Corp. (NYSE: CCI) announced the retirement of James D. Young, Executive Vice President and COO – Fiber, after over 14 years with the company. Young will assist during the transition to his successor until February 2021. CEO Jay Brown praised Young's contributions, highlighting his role in scaling the company and establishing its small cell and fiber solutions. Crown Castle operates over 40,000 cell towers and 80,000 route miles of fiber, positioning itself as a leader in U.S. communications infrastructure.
Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.20 per common share, scheduled for payment on September 30, 2020. Stockholders must be on record by September 15, 2020 to receive the dividend. The dividend amount may be adjusted in future periods based on Board approval. Crown Castle operates over 40,000 cell towers and approximately 80,000 route miles of fiber across the U.S., providing crucial infrastructure for wireless services.