8-KRegulation FDExhibits & Filings

CROWN CASTLE INC. 8-K Report, Regulation FD Disclosure (Apr 18, 2005)

Filed April 18, 2005For Securities:CCI

Summary

Crown Castle International Corp. (CCI) filed an 8-K on April 18, 2005, primarily to disclose material information under Regulation FD. The company issued two press releases on this date, both concerning its subsidiary, Crown Castle Mobile Media. These releases detail the selection of equipment and services suppliers, as well as Microsoft Windows Media products, for the subsidiary's planned deployment of a DVB-H broadcast service. This filing indicates strategic advancements in Crown Castle's mobile media initiatives. The selection of specific technology partners and suppliers suggests progress towards operationalizing their DVB-H service, which is a key aspect of their strategy to leverage broadcast technology for mobile content delivery. Investors should note that these announcements are considered furnished, not filed, and therefore do not carry the same regulatory implications as a formally filed document, but they do provide insight into the company's forward-looking operational plans.

Key Highlights

  • 1Crown Castle International Corp. (CCI) filed an 8-K on April 18, 2005.
  • 2The filing primarily concerns announcements made by its subsidiary, Crown Castle Mobile Media.
  • 3Two press releases were issued on April 18, 2005, and furnished as exhibits.
  • 4The press releases detail the selection of equipment and services suppliers for Crown Castle Mobile Media.
  • 5Microsoft Windows Media products were selected by Crown Castle Mobile Media for its planned DVB-H broadcast service deployment.
  • 6The announcements are made under Regulation FD disclosure.
  • 7Information furnished under Regulation FD is not considered 'filed' for certain legal purposes but provides material information to investors.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose material information regarding Crown Castle International Corp.'s subsidiary, Crown Castle Mobile Media, by furnishing two press releases as required by Regulation FD. These press releases announce strategic partnerships and technology selections for a planned DVB-H broadcast service.

DVB-H (Digital Video Broadcasting - Handheld) is a broadcast transmission standard optimized for mobile devices. Its significance for Crown Castle lies in their strategy to leverage this technology for delivering mobile content, suggesting a move into a new area of media distribution and potentially a new revenue stream.

When information is 'furnished' under Regulation FD, it means the company is making it available to the public to avoid selective disclosure, but it does not carry the same legal liabilities or reporting obligations as 'filed' information under certain sections of the Exchange Act (like Section 18). However, it is still crucial for investors as it provides timely updates on the company's strategic developments.

The filing mentions the selection of certain equipment and services suppliers, and specifically highlights the selection of Microsoft Windows Media products by Crown Castle Mobile Media for their DVB-H deployment. Specific names of equipment and services suppliers are not detailed in this summary of the 8-K, but would be found in the furnished exhibits.