Crown Castle International Expects to Close Sale of UK Subsidiary on August 31
HOUSTON, Aug. 24 /PRNewswire-FirstCall/ -- Crown Castle International Corp. (NYSE: CCI) announced today that all conditions precedent necessary for the completion of the previously announced sale of Crown Castle's UK subsidiary have been satisfied. Crown Castle expects to complete the sale on August 31, 2004.
Pro forma for the sale of Crown Castle UK, 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- 08/24/2004 /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, England IN: CPR TLS SU: TNM GN-CD -- DATU018 -- 2829 08/24/2004 10:51 EDT http://www.prnewswire.com