Crown Castle (CCI) Tops Q3 FFO by 4c, Offers Guidance

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Crown Castle Reports Third Quarter 2014 Results, Provides Outlook for 2015 and Announces Increase to Common Stock Dividend

October 30, 2014 4:02 PM EDT

HIGHLIGHTS

Announces increase in dividend rate to $3.28 per common share annually, or 75% of 2015 expected AFFO Exceeds third quarter Outlook for Adjusted EBITDA and AFFO Provides 2015 Outlook with growth muted by headwinds from tenant non-renewals associated with carrier consolidation

HOUSTON, Oct. 30, 2014 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") today reported results for the quarter ended September 30, 2014.

"Given the quality and track record... More