Crown Castle International Declares Quarterly Preferred Stock Dividend
Crown Castle International Declares Quarterly Preferred Stock Dividend
May 28, 1999 at 12:00 AM EDT
MAY 28, 1999 HOUSTON, TEXAS Crown Castle International Corp.
(NASDAQ:TWRS) announced today that the quarterly dividend on its 12¾ % Senior
Exchangeable Preferred Stock will be paid on June 15, 1999, to holders of record on June
1, 1999. The dividend will be paid in shares of the Preferred Stock at a rate of 31.875
shares per 1,000 shares. Fractional shares will be paid in Preferred Stock.
Contact Regarding Dividend Payments: Timothy D. Oliver, ChaseMellon Shareholder Services at 214-965-2220.
Crown Castle International Corp. is a leading provider of communication sites and wireless network services and provides an array of related infrastructure and network support services to the wireless communications and radio and television broadcasting industries in the United States and United Kingdom. Pro forma for all previously announced transactions, Crown Castle International owns, operates and manages over 6,000 communication tower sites.