Crown Castle Inc. · NYSE:CCI

Crown Castle — Crown Castle International — Q1 2019 Earnings Presentation

18 slides from Crown Castle's earnings presentation, Apr 17, 2019

  1. Slide 1: Supplemental Information Package and Non-GAAP Reconciliations

    Supplemental Information Package and Non-GAAP Reconciliations First Quarter • March 31, 2019 The pathway to possible. CrownCastle.com Crown Castle International Corp. First Quarter 2019 TABLE OF CONTENTS Page Company Overview Company Profile Strategy AFFO per Share Tower Portfolio Footprint Corporat

  2. Slide 2: AFFO per Share

    $5.85 $5.48 an $4.85 $4.30 2015 2016 201

  3. Slide 3: General Company Information

    (a) See reconciliations and definitions provided herein. (b) Attributable to CCIC common stockholders. (c) Represents the midpoint of the full year 2019 Outlook as issued on April 17, 2019 . Crown Castle International Corp. First Quarter 2019 COMPANY OVERVIEW FINANCIALS & METRICS ASSET PORTFOLIO OVE

  4. Slide 4: Tower Portfolio Footprint

    15% TM Acquired and built Acquired and built 20016 and prior 207 to present

  5. Slide 5: LQA Site Rental Revenue per Tower

    LQA SITE RENTAL REVENUE PER TOWER LQA TOWERS SEGMENT SITE RENTAL GROSS MARGIN PER TOWER

  6. Slide 6: Tower Portfolio by Vintage

    su Acquired and built Acquired and built 20016 and prior 207 to present

  7. Slide 7: Invested Capital per Tower

    INVESTED CAPITAL PER TOWER (b) NUMBER OF TOWERS

  8. Slide 8: Tower Portfolio by Vintage

    $602 $589 Acquired and built Acquired and built 20016 and prior 207 to present

  9. Slide 9: Portfolio Overview

    (a) Yield is calculated as LQA Towers segment site rental gross margin divided by invested capital. (b) 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

  10. Slide 10: Tower Portfolio by Vintage

    Acquired and built Acquired and built 2006 and prior 2007 to present Top Outside Top a 100 BTA a 100 BTA

  11. Slide 11: Tower Portfolio by Vintage

    20 Acquired and built Acquired and built 2006 and prior 2007 to present Top Outside Top @ copra = opts

  12. Slide 12: Distribution of Tower Tenancy

    (a) Excludes small cells, fiber and third-party land interests. Crown Castle International Corp. First Quarter 2019 COMPANY OVERVIEW FINANCIALS & METRICS ASSET PORTFOLIO OVERVIEW CAPITALIZATION OVERVIEW APPENDIX DISTRIBUTION OF TOWER TENANCY (as of March 31, 2019) PERCENTAGE OF TOWERS BY TENANTS PER

  13. Slide 13: Percentage of Towers by Tenants per Tower

    3 tenanis: 20% tenants: 14° 2eenants: 25% S tenants: Greater than $ tenants: $94 Less than 2 tenants: 29%.

  14. Slide 14: Geographic Tower Distribution

    Average: 2.6 Average: 2.0 GEOGRAPHIC TOWER DISTRIBUTION (as of March 31, 2019) (a) PERCENTAGE OF TOWERS BY GEOGRAPHIC LOCATION PERCENTAGE OF LQA SITE RENTAL REVENUE BY GEOGRAPHIC LOCATION

  15. Slide 15: Geographic Distribution by Location

    Otter US: 47% car FL:

  16. Slide 16: Ground Interest Overview and Activity

    (a) Excludes small cells, fiber and third-party land interests. Crown Castle International Corp. First Quarter 2019 COMPANY OVERVIEW FINANCIALS & METRICS ASSET PORTFOLIO OVERVIEW CAPITALIZATION OVERVIEW APPENDIX GROUND INTEREST OVERVIEW (as of March 31, 2019; dollars in millions) LQA Site Rental Rev

  17. Slide 17: Debt Maturity Overview

    (as of March 31, 2019 ; dollars in millions)

  18. Slide 18: Liquidity Overview

    (a) Where applicable, maturities reflect the Anticipated Repayment Date as defined in the respective debt agreement; excludes finance leases and other obligations; amounts presented at face value, net of repurchases held at CCIC. Crown Castle International Corp. First Quarter 2019 COMPANY OVERVIEW F

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