Crown Castle International Declares Quarterly Preferred Stock Dividend Rate

October 17, 2008 at 3:56 PM EDT
HOUSTON, Oct 17, 2008 (GlobeNewswire via COMTEX News Network) -- Crown Castle International Corp. (NYSE:CCI) announced today that the quarterly dividend on its 6.25% Convertible Preferred Stock will be paid on November 17, 2008 to holders of record on November 1, 2008. The dividend will be paid in cash at a rate of $0.78125 per share of Preferred Stock.

Crown Castle engineers, deploys, owns, and operates technologically advanced shared wireless infrastructure, including extensive networks of towers. Crown Castle offers significant wireless communications coverage to 91 of the top 100 U.S. markets and to substantially all of the Australian population. Crown Castle owns, operates, and manages over 22,000 and over 1,600 wireless communication sites in the U.S. and Australia, respectively. For more information on Crown Castle, please visit http://www.crowncastle.com

The Crown Castle International Corp. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3063

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Crown Castle International Corp.

Crown Castle International Corp.
          Jay Brown, CFO
          Fiona McKone, VP - Finance
          713-570-3000

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