Crown Castle International’s UK Subsidiary Expands Credit Facility To £150 Million
"We are pleased by the increased confidence shown by our existing banks and welcome the support of 13 new banks in the syndicate to complete funding for the infrastructure of our DTT transmission network," stated Ted B. Miller, Jr., Chairman and Chief Executive Officer of Crown Castle International. "With this new borrowing capacity in place, CTI is also well positioned to take advantage of its outstanding reputation in the UK as the world leader in broadcast technology and network support services, as well as to further develop and expand on its nearly 1,800 wireless tower footprint in the UK."
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 closed and previously announced transactions, Crown Castle International owns, operates and manages over 7,000 wireless communication towers internationally. For more information on Crown Castle International, visit: www.crowncastle.com.