Crown Castle Announces Tax Reporting Information for 2017 Distributions

HOUSTON, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) (“Crown Castle”) announced today certain year-end tax reporting information for its 2017 distributions.

The following tables summarize, for income tax purposes, the nature of distributions paid to holders of Crown Castle Common Stock, par value $.01 per share (“Common Stock”), and holders of Crown Castle 6.875% Mandatory Convertible Preferred Stock, Series A, par value $0.01 per share (“Preferred Stock”), presented on a per share basis, during the calendar year ended December 31, 2017.  Stockholders are encouraged to consult with their tax advisors as to their specific tax treatment of Crown Castle’s distributions.

Crown Castle Common Stock
Ticker Symbol: CCI

Record Date Payable Date Cash
Distribution
(per share)
Ordinary Taxable
Dividend
(per share)
Qualified
Taxable
Dividend

(per share)*
Long-Term
Capital Gain
Distribution
(per share)
Non-Taxable
Distribution
(per share)
3/17/2017 3/31/2017 $ 0.95 $ 0.95 $ 0.347 $ 0.00 $ 0.00
6/16/2017 6/30/2017 $ 0.95 $ 0.95 $ 0.347 $ 0.00 $ 0.00
9/15/2017 9/29/2017 $ 0.95 $ 0.95 $ 0.347 $ 0.00 $ 0.00
12/15/2017 12/29/2017 $ 1.05 $ 1.05 $ 0.384 $ 0.00 $ 0.00
                       

*Qualified taxable dividend amount included in ordinary taxable dividend amount.

Note: During the calendar year ended December 31, 2017, there was no Unrecaptured Section 1250 Gain, no Long-Term Capital Gain and no Non-Taxable Distributions with respect to the Common Stock.

Crown Castle 6.875% Mandatory Convertible Preferred Stock
Ticker Symbol: CCI-PRA

Record Date Payable Date Cash
Distribution
(per share)
Ordinary
Taxable

Dividend
(per share)
Qualified
Taxable
Dividend

(per share)*
Long-Term
Capital Gain
Distribution
(per share)
10/15/2017 11/1/2017 $ 18.142 $ 18.142 $ 6.629 $ 0.00
                   

*Qualified taxable dividend amount included in ordinary taxable dividend amount

Note: During the calendar year ended December 31, 2017, there was no Unrecaptured Section 1250 Gain, no Long-Term Capital Gain and no Non-Taxable Distributions with respect to the Preferred Stock.

ABOUT CROWN CASTLE

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 60,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit www.crowncastle.com.

CONTACTS

Dan Schlanger, CFO
Ben Lowe, VP Corporate Finance
Crown Castle International Corp.
713-570-3050

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Crown Castle International Corporation