业绩总结 - Crown Castle是美国最大的共享基础设施提供商，主要专注于无线通信的共享基础设施，拥有大约40,000座塔和60,000个小区站[3] - 预计2023年塔业务增长约为5%，低于2022年的增长水平，但仍在良好范围内[12] - 未来几年塔业务预计每年增长5%，因为数据需求持续增长，需要更多的天线[14] - 未来5G行业支出预计将高于4G时期的300亿美元，为塔业务增长提供了良好的前景[15] - 未来两年内，预计每年将有至少1万个小区站投入使用，小区站业务增长预计将达到两位数[35] - 小区站业务需要大量资本投入，特别是在新建系统时，需要建设大量光纤网络[38] - 公司目前处于小型蜂窝业务的投资阶段，类似于10到20年前的塔业务投资阶段[39] - 针对小型蜂窝建设，首个客户的回报率为6%至7%，第二个客户可达到低两位数，第三个客户可达到中到高两位数，超过资本成本[41] - 公司目前在回顾业务重组执行情况，预计在2025年结束Sprint流失后，将恢复每股资金可支配现金和股息增长目标为7%至8%[55]

Crown Castle, Inc. (NYSE:CCI) Bank of America Securities Media, Communications and Entertainment Conference September 14, 2023 9:40 AM ET Company Participants Daniel Schlanger - CFO Conference Call Participants Unidentified Analyst Thanks, everybody, for joining us. This is our first Comm. Infrastructure session of the day. Really pleased to have with us Dan Schlanger, EVP and CFO of Crown Castle. Thank you very much for joining us, Dan. Daniel Schlanger Thanks for having us. Question-and-Answer Session Q ...

Crown Castle, Inc. (NYSE:CCI) Goldman Sachs Communacopia & Technology Conference Call September 6, 2023 2:30 PM ET Company Participants Jay Brown - President, CEO & Director Conference Call Participants Joseph Gaebler - Goldman Sachs Group Joseph Gaebler All right. Welcome, everyone. It's so great to welcome back to the Communacopia & Technology Conference, Jay Brown, the President and CEO of Crown Castle. Jay, thanks for being back here with us. Jay Brown Good to be here. Thanks for the invite. Joseph Gae ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________ FORM 10-Q ___________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period to Commission File Number 001-16441 ____________________________________ CROWN CASTLE INC. (Exact name ...

July 20, 2023 Second Quarter 2023 Earnings Conference Call The pathway to possible. Cautionary Language This presentation contains forward-looking statements and information ("Forward-Looking Statements") that are based on our management's current expectations. Statements that are not historical facts are hereby identified as Forward-Looking Statements. In addition, words such as "estimate," "see," "anticipate," "project," "plan," "intend," "believe," "expect," "likely," "predicted," "positioned," "continue ...

Crown Castle, Inc. (NYSE:CCI) Q2 2023 Earnings Conference Call July 20, 2023 10:30 AM ET Company Participants Kris Hinson - Vice President of Corporate Finance and Treasurer Jay Brown - Chief Executive Officer Dan Schlanger - Chief Financial Officer Conference Call Participants Alex Waters - Bank of America Greg Williams - TD Cowen Ric Prentiss - Raymond James Batya Levi - UBS Simon Flannery - Morgan Stanley Brett Feldman - Goldman Sachs Michael Rollins - Citi Investment Research Phil Cusick - JPMorgan Matt ...

Crown Castle Inc. (NYSE:CCI) Nareit’s REITweek 2023 Investor Conference June 6, 2023 4:30 PM ET Company Participants Daniel Schlanger - Chief Financial Officer Conference Call Participants Michael Rollins - Citigroup Michael Rollins Well, good afternoon, and welcome to our discussion with Crown Castle. I'm Mike Rollins, and I cover the communications services and infrastructure stocks for Citi Research. We have disclosures available at the back of the room. They're over there, if you'd like to read them. I ...

Crown Castle Inc. (NYSE:CCI) J.P. Morgan 51st Annual Global Technology, Media and Communications Conference Call May 23, 2023 2:35 PM ET Company Participants Daniel Schlanger - Executive Vice President and Chief Financial Officer Conference Call Participants Philip Cusick - JP Morgan Philip Cusick Hi and welcome to the 51st Annual JP Morgan TMC Conference. My name is Phil Cusick. I follow the Communications and Media Space. I am pleased to welcome Dan Schlanger, CFO of Crown Castle. Dan joined Crown in Apri ...

公司基础设施和资产情况 - 公司拥有超过40,000座塔和其他结构，约120,000个小区或合同中的小区，以及约85,000英里的光纤，其中67%和33%的第一季度2023年度的网站租金收入分别来自塔分部和光纤分部[34] 公司财务策略 - 公司的策略是通过增加现有通信基础设施产生的现金流、向普通股股东支付现金流的一部分以形式股利、以及有效投资资本来增长现金流和长期每股股利[35] 2023年财务展望 - 公司预计2023年全年的网站租金收入增长将受益于大型无线运营商和光纤解决方案租户继续专注于满足数据需求增长[56] 第一季度2023财务表现 - 第一季度2023 Towers站点租金收入增长1%，但由于站点租金运营成本增加，导致净利润下降[63] - 第一季度2023 Fiber站点租金毛利润为3.71亿美元，较2022年同期的3.39亿美元增长，主要受到Fiber站点租金收入增长的影响[63] - 第一季度2023销售、一般和管理费用为1.95亿美元，较去年同期的1.81亿美元增加，主要是由于某些费用（如旅行和设施费用）恢复到疫情前水平[63] - 第一季度2023 Towers运营利润（亏损）较去年同期减少1%，主要是由于Towers站点租金毛利润和Towers服务和其他毛利润的减少[64] - 第一季度2023 Fiber运营利润（亏损）较去年同期增加10%，主要是由于Fiber站点租金毛利润的增加[64] - 第一季度2023折旧、摊销和贴现约为4.31亿美元，较去年同期增加3%，主要是由于资本支出增加导致固定资产和设备的增加[64] - 第一季度2023利息费用和延期融资成本摊销净额为2.02亿美元，较去年同期增加23%，主要是由于2016年A类贷款、2016年循环贷款和未偿还的商业票据利率上升[64] - 第一季度2023净利润为4.18亿美元，较2022年同期的4.21亿美元减少，主要是由于费用增加，部分抵消了Fiber运营利润的增加[64] - 第一季度2023调整后的EBITDA较2022年同期增加1%，反映了Fiber运营利润的增加[64] 公司资本运营和财务活动 - 公司截至2023年5月1日，2016年授信额度下没有未偿余额，未使用的可用额度为70亿美元[77] - 2023年3月，公司建立了2021年ATM计划，最高可发行和出售总额为7.5亿美元的普通股[77] - 公司在2023年完成了一系列融资活动，包括发行10亿美元的2028年到期5.000%的高级无抵押票据[52] 股东回报和财务展望 - 公司预计未来12个月的普通股股息将至少为每股6.26美元，总额约为27亿美元[54] - 公司预计继续将经营活动产生的现金流返回给股东，形式为股息[54] 公司财务指标和绩效考核 - 公司使用调整后的EBITDA作为衡量综合财务表现的指标，不应孤立使用，应作为补充考虑[79] - 公司管理层使用调整后的EBITDA作为员工年度激励报酬的绩效目标[81] - 公司提供了分部站点租金毛利、分部服务和其他毛利以及分部营业利润等关键指标，用于评估经营部门的表现[82]

Crown Castle Inc. (NYSE:CCI) Q1 2023 Earnings Conference Call April 20, 2023 10:30 AM ET Company Participants Ben Lowe – Senior Vice President-Corporate Finance Jay Brown – Chief Executive Officer Dan Schlanger – Chief Financial Officer Conference Call Participants Simon Flannery – Morgan Stanley Brett Feldman – Goldman Sachs Michael Rollins – Citi Brendan Lynch – Barclays Greg Williams – TD Cowen Matthew Niknam – Deutsche Bank Ric Prentiss – Raymond James Nick Del Deo – SVB MoffettNathanson Jonathan Atkin ...