10-Q/APeriod: Q2 FY2009

CROWN CASTLE INC. Quarterly Report (Amendment) for Q2 Ended Jun 30, 2009

Filed August 28, 2009For Securities:CCI

Summary

This Form 10-Q/A filing from Crown Castle International Corp. (CCI) on August 28, 2009, serves as an amendment to its quarterly report for the period ended June 30, 2009. The primary purpose of this amendment is to furnish Exhibit 101, which contains the company's financial statements and notes formatted in XBRL (Extensible Business Reporting Language). Investors should note that this amendment does not introduce new financial information or events occurring after the original filing date but rather provides enhanced data accessibility through XBRL tagging. As a large accelerated filer, Crown Castle International Corp. is focused on providing timely and structured financial data. The XBRL exhibit allows for more detailed analysis of the company's unaudited condensed consolidated financial statements, including balance sheets, statements of operations, and cash flows. Investors are advised that the XBRL data, while useful for analysis, is subject to specific SEC rules and may not carry the same legal liability as other parts of the filing.

Financial Highlights

47 data points
Beta

Revenue

$409.87M

Net Income

-$111.42M

-27.2% Net Margin

EPS (Diluted)

$-0.41

Total Assets

$10.55B

Cash & Equivalents

$334.99M

Free Cash Flow

$151.40M

Financial Statements
Beta
Revenue$409.87M
SG&A Expenses$38.10M
Operating Expenses$311.38M
Operating Income$98.49M
Interest Expense$94.05M
Net Income-$111.42M
EPS (Basic)$-0.41
EPS (Diluted)$-0.41
Shares Outstanding (Basic)286.45M
Shares Outstanding (Diluted)286.45M

Key Highlights

  • 1This filing is an amendment (10-Q/A) to provide XBRL-formatted financial data, not to report new financial results.
  • 2The XBRL exhibit includes unaudited Condensed Consolidated Balance Sheets, Statements of Operations, and Statements of Cash Flows for the quarter ended June 30, 2009.
  • 3The amendment ensures compliance with Rule 405 of Regulation S-T regarding interactive data file submissions.
  • 4Crown Castle International Corp. is classified as a large accelerated filer, indicating a significant public float.
  • 5The filing lists various exhibits, including indentures and management agreements related to recent corporate activities and financings.
  • 6Exhibit 4.4 and 4.5 detail an indenture and supplement dated July 31, 2009, related to Pinnacle Towers Acquisition Holdings LLC, indicating recent business developments.
  • 7The company had 291,098,959 shares of common stock outstanding as of July 31, 2009.

Frequently Asked Questions

The main purpose of this Amendment No. 1 is to furnish Exhibit 101, which contains the company's unaudited condensed consolidated financial statements and notes formatted in XBRL (Extensible Business Reporting Language). This is to comply with SEC regulations for interactive data file submissions.

No, this amendment does not introduce new financial information or reflect events that occurred after the original filing date of August 5, 2009. It solely provides the previously reported financial data in an XBRL format for enhanced data analysis.

Being a 'large accelerated filer' means Crown Castle International Corp. meets specific SEC criteria regarding market capitalization and filing history. This classification generally implies a substantial public float and adherence to more stringent reporting and disclosure requirements, providing investors with a greater level of transparency and information.

According to Rule 406T of Regulation S-T, the XBRL interactive data files furnished with this filing are deemed not filed or part of a registration statement or prospectus for purposes of sections 11 or 12 of the Securities Act of 1933, and are not deemed filed for purposes of section 18 of the Securities Exchange Act of 1934. Therefore, they are not subject to liability under those sections.