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Wireless

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

Thursday 27 February 2020 | 09:52 CET | News
Crown Castle said it performed well in 2019, with tower leasing activity reaching a ten-year high. The fourth quarter was a bit slower, as the market waited for the approval of the merger between T-Mobile and Sprint. CEO Jay Brown said the slowdown was temporary in nature and that the company should return to "significant" activity in the second half of this year. CFO Dan Schlanger reiterated the company's target for 7-8 percent annual growth in dividends per share. 

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Categories: Mobile & Wireless
Companies: Crown Castle
Countries: World
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