Crown Castle (CCI) Tops Q1 FFO by 6c, Offers Guidance

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Crown Castle Reports First Quarter 2015 Results and Raises Outlook for 2015

April 22, 2015 4:02 PM EDT

HOUSTON, April 22, 2015 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") today reported results for the quarter ended March 31, 2015.

"Our excellent first quarter results reflect the continued demand for our wireless infrastructure as US wireless carriers continue to make network investments to meet wireless consumer demand," stated Ben Moreland, Crown Castle's President and Chief Executive Officer. "We believe the US market, which represents approximately 96% of our total revenues, is the most attractive wireless market in the world for wireless investment. Wireless consumer demand is expected to increase significantly over the next... More