Thursday, January 24, 2019

Crown Castle Announces Q4 Earnings for 2018, Citing “Solid” Results

Crown Castle, Int’l (CCI) announced its quarterly earning for the fourth quarter of 2018 late yesterday afternoon. The company will hold a conference call for analysts later this morning at 10:30 a.m. EST.  The conference call may be accessed by dialing 888-204-4368 and asking for the Crown Castle call (access code 3601569) at least 30 minutes prior to the start time. 


It may also be accessed live over the internet at http://investor.crowncastle.com.
“We closed out another year of growth with solid results in the fourth quarter and increased our Outlook for 2019, demonstrating the strong fundamentals across our business,” stated Crown Castle CEO Jay Brown. “We are excited about the opportunity we see to leverage the unmatched portfolio of more than 40,000 towers and 65,000 route miles of dense, high capacity fiber that we have built and acquired over the past two decades in the top U.S. markets where we see the greatest long-term demand.  We continue to believe our ability to offer towers, small cells and fiber solutions, which are all integral components of communications networks and are shared among multiple tenants, provides us the best opportunity to generate significant growth while delivering high returns for our shareholders. Further, we believe that the U.S. is the best market for communications infrastructure ownership, and we are pursuing that compelling opportunity with our comprehensive offering. With the positive momentum we continue to see in our towers and fiber segments, we remain focused on investing in our business to generate future growth and delivering dividend per share growth of seven percent to eight percent per year.”  

Highlights from the quarter according to Crown are:
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