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), a leading real estate investment trust specializing in communications infrastructure, provides this hub for investors and industry professionals tracking its operational developments. Access consolidated updates on tower expansions, fiber network growth, and strategic initiatives critical to wireless connectivity nationwide.
This resource centralizes official press releases, regulatory filings, and market analyses related to CCI's infrastructure operations. Key coverage areas include quarterly earnings reports, small cell deployment milestones, and partnership announcements with major wireless carriers. All content is sourced from verified channels to ensure accuracy.
Regular visitors benefit from streamlined access to operational updates impacting CCI's role in 5G deployment and network densification. The curated format enables efficient tracking of lease agreements, capital expenditure plans, and dividend declarations while maintaining compliance with REIT reporting standards.
Bookmark this page for direct access to Crown Castle's evolving position in enabling next-generation wireless networks through its tower and fiber assets across key U.S. markets.
Crown Castle International Corp. (NYSE: CCI) announced that Dan Schlanger, the Executive Vice President and Chief Financial Officer, will present at three upcoming conferences. The events include the Raymond James 42nd Annual Institutional Investors Conference on March 2, 2021, the Morgan Stanley 2021 Technology, Media & Telecom Conference on March 4, 2021, and the Deutsche Bank 29th Annual Media, Internet & Telecom Conference on March 9, 2021. Each presentation is expected to last 30-50 minutes and will be broadcast live via the company's website.
Crown Castle International Corp. (NYSE: CCI) has declared a quarterly cash dividend of $1.33 per common share, payable on March 31, 2021, to stockholders of record by March 15, 2021. This decision underscores the company's commitment to delivering shareholder value through consistent dividend payouts. All future dividends will require approval from Crown Castle's Board of Directors. The company operates over 40,000 cell towers and 80,000 miles of fiber nationwide, supporting critical communications infrastructure.
Crown Castle International Corp. (NYSE: CCI) has priced its public offering of Senior Notes worth $3.25 billion, consisting of 1.050% Senior Notes due 2026, 2.100% Senior Notes due 2031, and 2.900% Senior Notes due 2041. The net proceeds will be used to redeem existing 5.250% Senior Notes due 2023 and repay part of the outstanding debt. The offering is expected to close on February 16, 2021, with redemption of the 2023 notes occurring on March 10, 2021.
Crown Castle International Corp. (NYSE: CCI) announced a public offering of senior notes to redeem 5.250% Senior Notes due 2023 and reduce debt from its commercial paper program and Senior Unsecured Term Loan A Facility. Proceeds will also cover associated fees. The offering is led by Barclays, BofA Securities, Citigroup, MUFG, and RBC Capital Markets, and will be conducted under an SEC registration statement. Caution is advised due to potential market uncertainties affecting expected outcomes.
Crown Castle International Corp. (NYSE: CCI) released year-end tax reporting details regarding 2020 distributions for its Common and Preferred Stock. Shareholders are advised to consult tax advisors for specific treatments. Key figures include cash distributions of $1.20 per share for Common Stock in March, June, and September, while December saw a rise to $1.33. Preferred Stock distributions were reported at $17.1875 per share throughout the year. Notably, there were no long-term capital gains or non-taxable distributions affecting shareholders during 2020.
Crown Castle International Corp. reported its Q4 and full-year 2020 results, revealing site rental revenues of $5.555 billion, a 4% increase year-over-year. Net income declined 6% to $997 million, while Adjusted EBITDA dropped 3% to $3.607 billion. Despite challenges, the company forecasts approximately 6% growth in site rental revenue for 2021 and an 11% dividend increase. A significant highlight includes a new agreement with Verizon for 15,000 small cells, enhancing their growth potential in the 5G market. The company faces a setback from T-Mobile's cancellation of 5,700 small cells.
Crown Castle International Corp. (NYSE: CCI) has signed a significant new agreement with Verizon, committing to lease 15,000 small cells over the next four years. This deal reflects Verizon's 5G Ultra Wideband and 5G Nationwide deployment plans and will have an initial term of 10 years once installed. Both companies express enthusiasm for this strategic partnership, highlighting its importance in advancing 5G infrastructure across the U.S. Crown Castle operates more than 40,000 cell towers and 80,000 route miles of fiber, essential for supporting wireless services.
Crown Castle plans to release its fourth quarter 2020 results on January 27, 2021, after market close. A conference call is scheduled for January 28, 2021, at 10:30 a.m. ET, accessible by phone or via the website. A recording will be available from January 28 to April 28, 2021. Crown Castle operates over 40,000 cell towers and 80,000 miles of fiber nationwide, connecting communities to vital wireless services. For more details, visit www.crowncastle.com.
Crown Castle International Corp. (NYSE: CCI) has announced that its Chief Financial Officer, Dan Schlanger, will present at the Citi 2021 Global Technology, Media and Telecom West Conference on January 7, 2021, at 12:00 p.m. Eastern Time. The presentation is expected to last approximately 45 minutes and will be broadcast live on Crown Castle's website, where it will also be available for replay.
Crown Castle operates over 40,000 cell towers and 80,000 miles of fiber across the U.S., supporting critical wireless services.
