Crown Castle

Crown Castle Appoints Kevin T. Kabat and Maria M. Pope to its Board of Directors

Retrieved on: 
Monday, July 24, 2023
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HOUSTON, July 24, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today the appointment of Kevin T. Kabat and Maria M. Pope to its board of directors.

Key Points: 
  • HOUSTON, July 24, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today the appointment of Kevin T. Kabat and Maria M. Pope to its board of directors.
  • Mr. Kabat’s appointment will be effective August 1, 2023, and Ms. Pope’s appointment will be effective September 1, 2023.
  • With the appointment of Mr. Kabat and Ms. Pope, the Crown Castle board will increase to 12 directors, 10 of whom will be independent.
  • “We welcome both Kevin and Maria to the Board as the company executes its strategy to maximize long-term shareholder value by growing cash flows from its leading portfolio of shared communications infrastructure assets,” said P. Robert Bartolo, Chair of the Crown Castle board of directors.

Crown Castle Declares Quarterly Common Stock Dividend

Retrieved on: 
Friday, July 21, 2023
Crown Castle, NYSE, CCI, Holding company

HOUSTON, July 21, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share.

Key Points: 
  • HOUSTON, July 21, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of $1.565 per common share.
  • The quarterly dividend will be payable on September 29, 2023 to common stockholders of record at the close of business on September 15, 2023.
  • Future dividends are subject to the approval of Crown Castle’s Board of Directors.

Crown Castle Reports Second Quarter 2023 Results and Updates Outlook for Full Year 2023

Retrieved on: 
Wednesday, July 19, 2023
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Site rental revenues grew 10%, or $161 million, from second quarter 2022 to second quarter 2023, inclusive of approximately $155 million in Organic Contribution to Site Rental Billings, a $30 million decrease in straight-lined revenues, and a $36 million increase in amortization of prepaid rent.

Key Points: 
  • Site rental revenues grew 10%, or $161 million, from second quarter 2022 to second quarter 2023, inclusive of approximately $155 million in Organic Contribution to Site Rental Billings, a $30 million decrease in straight-lined revenues, and a $36 million increase in amortization of prepaid rent.
  • Net income for the second quarter 2023 was $455 million compared to $421 million for the second quarter 2022.
  • Second quarter 2023 Adjusted EBITDA was $1.2 billion compared to $1.1 billion for the second quarter 2022, representing 10% growth.
  • Second quarter 2023 AFFO was $891 million, or $2.05 per share, representing growth from the second quarter 2022 of 14% for each.

Crown Castle Releases 2022 ESG Report

Retrieved on: 
Wednesday, July 19, 2023
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HOUSTON, July 19, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle" or the "Company") announced today the release of its 2022 Environmental, Social and Governance ("ESG") Report and updates to its ESG website, which can be found at www.crowncastle.com/esg .

Key Points: 
  • HOUSTON, July 19, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle" or the "Company") announced today the release of its 2022 Environmental, Social and Governance ("ESG") Report and updates to its ESG website, which can be found at www.crowncastle.com/esg .
  • At year-end 2022, 68% of Crown Castle's annual electricity consumption was sourced under multi-year renewable energy contracts.
  • As part of Crown Castle's efforts to reduce energy consumption, the Company has converted approximately 60% of its lit towers to energy-efficient LED lighting as of December 31, 2022.
  • Crown Castle spent $160 million with diverse suppliers during 2022, which represented 10% of the Company's addressable spend.

Crown Castle Announces Second Quarter 2023 Earnings Conference Call Details

Retrieved on: 
Wednesday, July 5, 2023
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HOUSTON, July 05, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to release its second quarter 2023 results on Wednesday, July 19, 2023, after the market closes.

Key Points: 
  • HOUSTON, July 05, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") plans to release its second quarter 2023 results on Wednesday, July 19, 2023, after the market closes.
  • In conjunction with the release, Crown Castle has scheduled a conference call for Thursday, July 20, 2023, at 10:30 a.m. eastern time.
  • A listen only live audio webcast of the conference call, along with any supplemental materials, can be accessed on the Crown Castle website at https://investor.crowncastle.com .
  • All dial-in participants should ask to join the Crown Castle call.

5G Infrastructure Market size to grow by USD 95.89 billion from 2023 to 2030; Demand for improving the internet speed & bandwidth to boost the market growth - Facts & Factor

Retrieved on: 
Wednesday, June 28, 2023
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The growing need for improving operational efficiency and reducing processing costs will steer the growth of the 5G infrastructure market globally.

Key Points: 
  • The growing need for improving operational efficiency and reducing processing costs will steer the growth of the 5G infrastructure market globally.
  • The move will contribute notably towards the growth of the 5G infrastructure market across the globe.
  • The global 5G infrastructure market is sectored into the component, spectrum, network architecture, vertical, and region.
  • The strategic initiative will expand the scope of growth of the 5G infrastructure business in India and across the globe.

5G Infrastructure Market size to grow by USD 95.89 billion from 2023 to 2030; Demand for improving the internet speed & bandwidth to boost the market growth - Facts & Factor

Retrieved on: 
Wednesday, June 28, 2023
Hertz, AT&T, Becker, High-pass filter, Partnership, Nokia, Crown Castle, Bharti Airtel, AT, Health, Internet, Telecommunications, Sustainable Energy Utility, UHD, Bolloré Transport & Logistics, RAN, GSMA, Forecasting, Federal Communications Commission, Patient, Growth, Telefónica, Transport, China Mobile, T-Mobile, AR, Video game, Electric power, Mobile phone, Construction

The growing need for improving operational efficiency and reducing processing costs will steer the growth of the 5G infrastructure market globally.

Key Points: 
  • The growing need for improving operational efficiency and reducing processing costs will steer the growth of the 5G infrastructure market globally.
  • The move will contribute notably towards the growth of the 5G infrastructure market across the globe.
  • The global 5G infrastructure market is sectored into the component, spectrum, network architecture, vertical, and region.
  • The strategic initiative will expand the scope of growth of the 5G infrastructure business in India and across the globe.

FirstLight Appoints Peter Zarrella as CFO

Retrieved on: 
Tuesday, June 13, 2023
Campbell, Antin Infrastructure Partners, Growth, Partnership, Empowerment, Partner, Selective glucocorticoid receptor modulator, Telecommunications, Management, Crown Castle

Albany, NY, June 13, 2023 (GLOBE NEWSWIRE) -- FirstLight , a leading provider of digital infrastructure services to enterprise and carrier customers throughout the Northeast and mid-Atlantic, announced today the appointment of Peter Zarrella as Chief Financial Officer.

Key Points: 
  • Albany, NY, June 13, 2023 (GLOBE NEWSWIRE) -- FirstLight , a leading provider of digital infrastructure services to enterprise and carrier customers throughout the Northeast and mid-Atlantic, announced today the appointment of Peter Zarrella as Chief Financial Officer.
  • With a successful career spanning several large telecommunication companies, Zarrella brings a wealth of financial and industry experience to FirstLight.
  • Zarrella has been a financial leader for over 30 years in several industries including telecommunications as well as pharmaceutical and manufacturing industries.
  • “We are pleased to welcome Peter to the FirstLight team,” said Kevin Genieser, Senior Partner at Antin Infrastructure Partners.

Crown Castle to Present at Nareit’s REITweek: 2023 Investor Conference

Retrieved on: 
Tuesday, May 23, 2023
Internet, Crown Castle, Conference, NYSE, CCI, Silviculture, Video game

HOUSTON, May 23, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle’s Chief Financial Officer, is scheduled to present on Tuesday, June 6, 2023 at 4:30 p.m. Eastern Time at Nareit’s REITweek: 2023 Investor Conference.

Key Points: 
  • HOUSTON, May 23, 2023 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle’s Chief Financial Officer, is scheduled to present on Tuesday, June 6, 2023 at 4:30 p.m. Eastern Time at Nareit’s REITweek: 2023 Investor Conference.
  • Mr. Schlanger’s presentation will be broadcast live over the Internet and is expected to last approximately 30 minutes.
  • The live presentation for the conference will be available on Crown Castle’s website at www.crowncastle.com , where it will also be archived for replay for 30 days.

HCI Energy Appoints New Leadership to Meet Growing Demand for the Company’s Telecom and Communication-focused Hybrid Power Systems

Retrieved on: 
Wednesday, May 10, 2023
Communication, Crown Castle, Marketing, Electronics, CCI, American Tower, JNA Wireless Association, Energy, Primary energy, WWLF, CCO, Government, HCI, AMT, Wilkins, Engineering, Power, WIA, Wireless Infrastructure Association, Hybrid power, Management, Mobile phone

“HCI Energy provides more than just clean, reliable power.

Key Points: 
  • “HCI Energy provides more than just clean, reliable power.
  • We expedite network expansion for the millions who lack reliable broadband and communication services worldwide,” Leo Morton, HCI Energy Chairman of the Board, said.
  • The addition of Kurt Armbruster and Heather Wilkins ensures that HCI is ready to meet increased demand and support the deployment of critical communication networks,” Morton concluded.
  • To learn more about the impact of HCI’s hybrid energy solution, visit this case study