Crown Castle Exploring Sale of Its Australian Subsidiary

HOUSTON, Feb. 16, 2015 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) ("Crown Castle") announced today that it plans to explore the potential sale of its Australian subsidiary ("CCAL"). "In light of recent unsolicited offers we have received for our interest in CCAL, we have determined that fully exploring the options available to us will ensure the best long-term results for our shareholders," stated Ben Moreland, Crown Castle's President and Chief Executive Officer. "Similar to our US business, CCAL has developed into a leading wireless infrastructure provider in the attractive Australian market with a unique portfolio of assets and platform for future growth and expan...

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