Crown Castle Inc. · NYSE:CCI
Crown Castle — Q4 2020 Earnings Presentation
7 slides from Crown Castle's earnings presentation, Jan 28, 2021
Slide 1: Fourth Quarter 2020 Earnings Conference Call
CROWN ww CASTLE January 28, 2021 Fourth Quarter 2020 Earnings Conference Call The pathway to possible.
Slide 2: Cautionary Language
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 “
Slide 3: More Spectrum and Cell Sites Will Create Significantly More Network Capacity
More Spectrum and Cell Sites Will Create Significantly More Network Capacity . . Relative Propagation Distance in 0) Key Takeaways Available Licensed Spectrum (MHz) Free Space for Common Bands 6,000 600 MHz: 1.99 * More spectrum is needed to supply ~30% growth in mobile data demand 5,000 4,000 * Mid
Slide 4: Full Year 2020 Results
Full Year 2020 Results ($ in millions) Site Rental Revenues Adjusted EBITDA AFFO $5,320 $5,317 $5,093 4$3M to Previous $3,420 $3,419 $3,299 Outlook | 4 4% YoY $2,592 $2,587 Growth 4$1M to Previous = . 2,371 Outlook 7 *. 4$5M to Previous 4 4% YoY Outlook Growth? 4 9% YoY | | Growth P| 2020 Results Pr
Slide 5: Full Year 2021 Outlook Remains Unchanged
Full Year 2021 Outlook Remains Unchanged ($ in millions) Site Rental Revenues Adjusted EBITDA AFFO $5,532 to $5,577 $5,320 $3,584 to ale $3,420 $2,883 to $2,928 $2,592 4 4% YoY Crosidn 4 5% YoY a Growth 4 12% YoY Growth Current 2021 2020 Results Current 2021 2020 Results Current 2021 2020 Results” O
Slide 6: 2021 Outlook for Site Rental Revenue Growth
2021 Outlook for Site Rental Revenue Growth ($ in millions) $90-$100 $375-$405 7 $295-$335 ($180)-($160) <$5 $215-$260 ($80)-($60) New Leasing Plus: Less: Organic Contribution Change in Plus: Growth in Activity Escalator Non-Renewal to Site Rental Straight-Line Acquisitions Site Rental Revenues Adju
Slide 7: 2021 Outlook for AFFO Growth
2021 Outlook for AFFO Growth ($ in millions) -! $300-$345 $295-$335 $60-$90 $20-$50 ($110)-($80) Organic Increase in Change in Services Other? 2021E Contribution to Site Expenses Contribution AFFO Growth Rental Revenues Previous FY 2021 $295-$335 ($110)-($80) $20-$50 $60-$90 $300-$345 Outlook® Note: