Crown Castle International Declares Quarterly Preferred Stock Dividend Rate
HOUSTON, April 29 /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 May 16, 2005 to holders of record on May 1, 2005 in shares of the Company's common stock at a rate of 49.527 shares of common stock per 1,000 shares of Preferred Stock.
Crown Castle International Corp. engineers, deploys, owns and operates technologically advanced shared wireless infrastructure, including extensive networks of towers. 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- 04/29/2005 /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 KS-AP -- DAF057 -- 3193 04/29/2005 16:00 EDT http://www.prnewswire.com