Crown Castle International Declares Quarterly Preferred Stock Dividend Rate


HOUSTON, Jan. 18, 2008 (PRIME NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) announced today that the quarterly dividend on its 6.25% Convertible Preferred Stock will be paid on February 15, 2008 to holders of record on February 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 1,400 wireless communication sites in the U.S. and Australia, respectively. For more information on Crown Castle, please visit http://www.crowncastle.com

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