Atticus Capital Discloses 5.5% Stake in Crown Castle (CCI)

January 11, 2008 1:36 PM EST

In a 13G filing on Crown Castle International (NYSE: CCI) today, Atticus Capital disclosed a 5.51% stake (15,716,666 shares) in the company. Atticus had 9,192,002 shares at the quarter ended 09/30/2007. A 13G indicates a "passive investment."

Atticus Capital is a $13 billion New York-based hedge fund, founded by Timothy Barakett in 1995. The fund in known for taking large concentrated positions in select stocks.

Crown Castle engineers, deploys, owns and operates technologically advanced shared wireless infrastructure, including extensive networks of towers.


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