Crown Castle Q4 2020 Earnings Report
Key Takeaways
Crown Castle International Corp. reported results for the fourth quarter and full year ended December 31, 2020 and maintained its full year 2021 outlook. The company delivered another solid year of growth in 2020, highlighting the strength of its business model.
Generated industry leading tower revenue growth in the U.S.
Expect approximately 6% growth in Organic Contribution to Site Rental Revenue for our Towers segment in 2021, supporting the previously announced 11% increase in our dividend per share.
Finished the year with approximately 50,000 small cells on air.
Increased backlog of small cells committed or under construction to approximately 30,000 with the 5G small cell agreement with Verizon.
Crown Castle
Crown Castle
Crown Castle Revenue by Segment
Forward Guidance
Crown Castle's current Outlook for full year 2021 remains unchanged from the prior full year 2021 Outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income