Crown Castle International Announces Quarterly Preferred Stock Dividend Rate
HOUSTON--(BUSINESS WIRE)--Nov. 2, 2000--Crown Castle International Corp. (Nasdaq:TWRS) announced today that the quarterly dividend on its 6.25% Convertible Preferred Stock, to be paid on Nov. 15, 2000 to holders of record on Nov. 1, 2000, will be paid in shares of the Company's Common Stock at a rate of 35.027 shares per 1,000 shares of Preferred Stock.
Contact Regarding Dividend Payments: Patti Knight, ChaseMellon Shareholder Services at 214/965-2220.
Crown Castle International Corp. engineers, deploys, owns and operates technologically advanced shared wireless infrastructure, including extensive networks of towers and rooftops as well as analog and digital audio and television broadcast transmission systems. The Company offers near-universal broadcast coverage in the United Kingdom and significant wireless communications coverage to 68 of the top 100 United States markets, more than 95 percent of the UK population and more than 92 percent of the Australian population. Crown Castle International owns, operates and manages over 12,000 wireless communication towers internationally. For more information on Crown Castle International, visit: www.crowncastle.com.
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| CONTACT: | Crown Castle International, Houston |
|---|---|
| W. Benjamin Moreland, 713/570-3000 | |
| CFO | |
| or | |
| Easterly Investor Relations, Houston | |
| Ken Dennard, 713/529-6600 | |
| kdennard@easterly.com | |