Crown Castle International Corp. (NYSE:CCI)
About Crown Castle International Corp. (NYSE:CCI) Crown Castle International Corp. (CCIC) owns, operates and leases towers and other communication structures (collectively, towers), for wireless communications. The Company’s core business is renting space on its towers via long-term contracts in various forms, including license, sublease and lease agreements. Its towers can accommodate multiple customers (co-location) for antennas and other equipment necessary for the transmission of wireless signals for mobile telephones and other devices. Revenues derived from this site rental business represented 92% of CCIC’s consolidated revenues during the year ended December 31, 2009. It conducts its operations principally through subsidiaries of Crown Castle Operating Company (CCOC), including certain subsidiaries that operate its tower portfolios in the United States, Puerto Rico and Canada (collectively referred to as CCUSA), and a 77.6% owned subsidiary that operates its Australia tower portfolio (referred to as CCAL).