Crown Castle International Declares Quarterly Preferred Stock Dividend Rate

Published on Tuesday, 17 January 2012 07:09 Written by TradersHuddle Staff

HOUSTON, Jan. 17, 2012 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) announced today that the quarterly dividend on its 6.25% Convertible Preferred Stock will be paid on February 15, 2012 to holders of record on February 1, 2012. The dividend will be paid in cash at a rate of $0.78125 per share of Preferred Stock.

About Crown Castle

Crown Castle owns, operates, and leases towers and other infrastructure for wireless communications. Crown Castle offers significant wireless communications coverage to 92 of the top 100 US markets and to substantially all of the Australian population. Crown Castle owns, operates, and manages over 22,000 and approximately 1,600 wireless communication sites in the US and Australia, respectively. For more information on Crown Castle, please visit www.crowncastle.com.

The Crown Castle International Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3063

CONTACT: Jay Brown, CFO
         Fiona McKone, VP - Finance
         Crown Castle International Corp.
         713-570-3050