0
Wireless

Crown Castle reiterates FY guidance after solid though mixed Q1

Thursday 30 April 2020 | 14:47 CET | News
Crown Castle reported mixed results for the first quarter and said it was keeping its full-year guidance as is, even amid the coronavirus pandemic. CEO Jay Brown said the virus impact could create challenges in the near term, the company was taking steps to deliver on its long-term annual dividend per share growth target of 7-8 percent per year.  

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Crown Castle
Countries: World
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Crown Castle lowers FY outlook but lifts annual div by 11% after mixed Q3

Published 22 Oct 2020 10:33 CET | World
Crown Castle has lowered its full-year guidance but said it sees an uptick in 2021 as customers deploy more cell sites and ...

Elliott slams 'underperforming' Crown Castle fibre strategy

Published 07 Jul 2020 11:44 CET | United States
Activist investor Elliott Management has followed its criticism of AT&T's management by calling for a review of the strategy ...

Crown Castle supports Microsoft's Airband initiative

Published 23 Jun 2020 13:10 CET | United States
Crown Castle entered an agreement with Microsoft to deliver broadband to unserved and underserved rural communities across the US ...

Crown Castle donates USD 2 mln to United Negro College Fund

Published 17 Jun 2020 14:51 CET | United States
Crown Castle International announced a USD 2 million combined donation to UNCF (United Negro College Fund) as part of the ...

Crown Castle raises USD 1.25 billion for debt refinancing

Published 01 Apr 2020 09:19 CET | United States
Crown Castle has raised USD 1.25 billion in a new debt offering. The company sold USD 750 million of 3.3 percent senior notes due ...

Crown Castle joins 5G Americas board

Published 13 Mar 2020 08:44 CET | United States
5G Americas welcomed Crown Castle to its Board of Governors. A US provider of infrastructure for broadcasting, mobile telephony ...

Crown Castle restates financials after GAAP review, amid strong FY, slower Q4

Published 27 Feb 2020 09:52 CET | World
Crown Castle said it performed well in 2019, with tower leasing activity reaching a ten-year high. The fourth quarter was a bit ...

Crown Castle ups FY div by 7%, guides for stronger 2020 after successful Q3

Published 17 Oct 2019 09:55 CET | World | Update: 18 Oct 2019 10:51 CET
Crown Castle has raised its annual dividend and issued a strong guidance for 2020 following a successful higher third quarter ...

Crown Castle raises USD 900 million in debt offering

Published 02 Aug 2019 11:18 CET | United States
Crown Castle has raised USD 900 million in a new issue of senior notes. This includes USD 550 million of 3.1 percent notes due ...

Crown Castle lifts FY guidance on strong tower business in Q2

Published 18 Jul 2019 09:17 CET | World
Crown Castle has raised its expectations for the full year after reporting higher-than-forecast second quarter results. CEO Jay ...

Crown Castle lifts revolving credit facity to USD 5 bln

Published 24 Jun 2019 08:51 CET | World
Crown Castle said it has increased the commitments under its senior unsecured revolving credit facility (revolver) by USD 750 ...

Crown Castle, Vapor IO partner on mobile edge computing for AWS customers

Published 24 Apr 2019 15:48 CET | United States
Crown Castle announced a partnership with Vapor IO to deliver wireless edge network connections for applications using Amazon Web ...

Crown Castle almost doubles profit in strong Q1

Published 18 Apr 2019 16:25 CET | World
Crown Castle said results for the first quarter came in line with its expectations and that the company remained focused on ...





Calendar   /   Industry Events

08 Mar Smith Micro Q4 2020
10 Mar MTN FY results
10 Mar Verizon Investor Day
11 Mar Comtech Telecommunications Q2
11 Mar Gogo Q4 2020
11 Mar Technicolor FY results
11 Mar T-Mobile US analysts day
12 Mar RTL Group Q4 2020
12 Mar Mobilezone Q4 2020
12 Mar AT&T analysts day
::: More Calendar Items