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Wireless

Crown Castle lifts revenues 7% to USD 941 mln in Q1

Thursday 23 April 2015 | 12:31 CET | News
Crown Castle said its first quarter results reflected continued demand for wireless infrastructure at US mobile carriers. The company expects consumer wireless demand to increase significantly over the next few years. The US represented 96 percent of total revenues, which lifted 7 percent from the year before to USD 941 million. Site rental revenues rose 3 percent to USD 768 million. Adjusted Funds from Operations (AFFO) increased 10 percent to USD 383 million, with AFFO per share up 10 percent to USD 1.15. Adjusted EBITDA went 5 percent higher to USD 554 million. The net profit attributable

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Categories: Mobile & Wireless / Mobile & Wireless
Companies: Crown Castle / Sprint
Countries: United States
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