Crown Castle (CCI) Tops Q2 AFFO by 16c, FY Guidance Falls Short

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

July 22, 2015 4:05 PM EDT

SECOND QUARTER 2015 HIGHLIGHTS

Exceeded the midpoint of previously provided Outlook, adjusted for the disposition of our Australian subsidiary, for Adjusted EBITDA, AFFO and AFFO per shareRaised full year 2015 Outlook for Adjusted EBITDA, AFFO and AFFO per shareEnhanced long-term growth profile through sale of Australian subsidiary and pending acquisition of SunesysGenerated Organic Site Rental Revenue growth of 10% year-over-year from new leasing activity and escalations on tenant leases

HOUSTON, July 22, 2015 (GLOBE NEWSWIRE) --  Crown Castle International Corp. (NYSE: CCI) ("Crown Castle")... More