Crown Castle Declares Quarterly Preferred Stock Dividend
September 21 2017 - 4:15PM
Crown Castle International Corp. (NYSE:CCI) ("Crown Castle")
announced today that the quarterly dividend on its 6.875% Mandatory
Convertible Preferred Stock (“Preferred Stock”) will be paid
November 1, 2017 to holders of record on October 15, 2017. The
dividend will be paid in cash at a rate of $18.1424 per share of
Preferred Stock.
ABOUT CROWN CASTLECrown Castle
provides wireless carriers with the infrastructure they need to
keep people connected and businesses running. With
approximately 40,000 towers and 60,000 route miles of fiber
supporting small cells following the completion of the Lightower
acquisition, Crown Castle is the nation's largest provider of
shared wireless infrastructure with a significant presence in the
top 100 U.S. markets. For more information on Crown Castle,
please visit www.crowncastle.com.
CAUTIONARY LANGUAGE REGARDING
FORWARD-LOOKING STATEMENTS This press release contains
forward-looking statements that are based on Crown Castle
management’s current expectations. Such statements include
plans, projections and estimates regarding the completion of the
Lightower acquisition and the assets to be acquired
therefrom. Such forward-looking statements are subject to
certain risks, uncertainties and assumptions, including prevailing
market conditions and other factors. Should one or more of
these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those expected. More information about potential risk
factors that could affect Crown Castle and its results is included
in Crown Castle’s filings with the SEC. The term “including,”
and any variation thereof, means “including, without
limitation.”
Contacts:
|
Dan Schlanger, CFO |
|
Son Nguyen, VP &
Treasurer |
|
Crown Castle
International Corp. |
|
713-570-3050 |
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