Crown Castle International Declares Quarterly Preferred Stock Dividend Rate
HOUSTON, July 30 /PRNewswire-FirstCall/ -- Crown Castle International Corp. (NYSE: CCI) announced today that the quarterly dividend on its 6.25% Convertible Preferred Stock will be paid on August 16, 2004 to holders of record on August 1, 2004 in shares of the Company's common stock at a rate of 59.863 shares of common stock per 1,000 shares of Preferred Stock.
Pro forma for the previously announced sale of Crown Castle UK, Crown Castle International Corp. engineers, deploys, owns and operates technologically advanced shared wireless infrastructure, including extensive networks of towers and rooftops. Crown Castle offers significant wireless communications coverage to 68 of the top 100 United States markets and to substantially all of the Australian population. Crown Castle owns, operates and manages over 10,600 and over 1,300 wireless communication sites in the U.S. and Australia, respectively. For more information on Crown Castle visit: http://www.crowncastle.com .
Contacts: W. Benjamin Moreland, CFO Jay Brown, Treasurer Crown Castle International Corp. 713-570-3000 SOURCE Crown Castle International Corp. -0- 07/30/2004 /CONTACT: W. Benjamin Moreland, CFO, or Jay Brown, Treasurer, both of Crown Castle International Corp., +1-713-570-3000/ /Web site: http://www.crowncastle.com / (CCI) CO: Crown Castle International Corp. ST: Texas IN: CPR TLS SU: DIV CJ-AP -- DAF042 -- 8791 07/30/2004 18:22 EDT http://www.prnewswire.com