Crown Castle Inc. · NYSE:CCI
Crown Castle — Crown Castle International — Q3 2016 Earnings Presentation
18 slides from Crown Castle's earnings presentation, Oct 20, 2016
Slide 1: Crown Castle
Slide 2: Supplemental Information Package and Non-GAAP Reconciliations
Supplemental Information Package and Non-GAAP Reconciliations Third Quarter • September 30, 2016 The Foundation for a Wireless World. CrownCastle.com Crown Castle International Corp Third Quarter 2016 TABLE OF CONTENTS Page Company Overview Company Profile Strategy Historical AFFO per Share Tower Po
Slide 3: Historical AFFO per Share
$5.01 2012 2013 2014 2015 Midpoint Full Year Midpoint Full Year
Slide 4: General Company Information
(1) See reconciliations and definitions provided herein. See also "Definitions of Non-GAAP Financial Measures and Other Calculations" in the Appendix for a discussion of the definitions of FFO and AFFO. (2) AFFO per share represents the midpoint of the full year 2016 and full year 2017 outlook as is
Slide 5: Tower Portfolio Footprint
14% LU 5 ‘Owned and operated (Owned and operated ‘greater than 10 seats less than 10ers
Slide 6: LQA Site Rental Revenue and Gross Margin per Tower
LQA SITE RENTAL REVENUE PER TOWER LQA SITE RENTAL GROSS MARGIN PER TOWER
Slide 7: Tower Portfolio by Vintage
$97 fi ; ‘Owned and operated (Owned and operated ‘greater than 10 seats less than 10ers
Slide 8: Invested Capital per Tower and Number of Towers
INVESTED CAPITAL PER TOWER (2) NUMBER OF TOWERS
Slide 9: Invested Capital per Tower
$572 $561 ‘Owned and operated (Owned and operated ‘greater than 10 seats less than 10ers
Slide 10: Portfolio Overview
(1) Yield is calculated as LQA site rental gross margin divided by invested capital. (2) Reflects gross total assets, including incremental capital invested by the Company since time of acquisition or construction completion. Inclusive of invested capital related to land at the tower site. Crown Cas
Slide 11: Portfolio Overview by Site Age and Market
Sites operated ‘sreater than 10 Years Top a 100 BTA Sites operated less than or equal to 10 Years Outside Top 100 BTA
Slide 12: Portfolio Overview by Site Age and Market
Sites operated ‘sreater than 10 Years Top a 100 BTA Sites operated less than or equal to 10 Years Outside Top 100 BTA
Slide 13: Distribution of Tower Tenancy
(1) Includes towers and rooftops, excludes small cells and third-party land interests. Crown Castle International Corp. Third Quarter 2016 COMPANY OVERVIEW FINANCIALS & METRICS ASSET PORTFOLIO OVERVIEW CAPITALIZATION OVERVIEW APPENDIX DISTRIBUTION OF TOWER TENANCY (as of September 30, 2016) PERCENTA
Slide 14: Percentage of Towers by Tenants per Tower
tenants: S tenants: 19% S tenants: Greater than $ tenants: 6% 2 tenants: 28% Less han 2 tenants: 29%
Slide 15: Geographic Tower Distribution
Average: 2.6 Average: 2.0 GEOGRAPHIC TOWER DISTRIBUTION (as of September 30, 2016) (1) PERCENTAGE OF TOWERS BY GEOGRAPHIC LOCATION PERCENTAGE OF LQA SITE RENTAL REVENUE BY GEOGRAPHIC LOCATION
Slide 16: Geographic Distribution of Towers and Revenue
Other 47% 1%
Slide 17: Ground Interest Overview
(1) Includes towers and rooftops, excludes small cells and third-party land interests. Crown Castle International Corp. Third Quarter 2016 COMPANY OVERVIEW FINANCIALS & METRICS ASSET PORTFOLIO OVERVIEW CAPITALIZATION OVERVIEW APPENDIX GROUND INTEREST OVERVIEW (as of September 30, 2016; dollars in mi
Slide 18: Liquidity Overview
(1) Where applicable, maturities reflect the Anticipated Repayment Date as defined in the respective debt agreement; excludes capital leases and other obligations; amounts presented at face value net of repurchases held at CCIC. Crown Castle International Corp. Third Quarter 2016 COMPANY OVERVIEW FI
Crown Castle International — Q3 2016 Earnings Presentation on 6ix