8-KRegulation FDExhibits & Filings

CROWN CASTLE INC. 8-K Report, Regulation FD Disclosure (May 8, 2006)

Filed May 8, 2006For Securities:CCI

Summary

Crown Castle International Corp. (CCI) has announced a significant strategic acquisition through a definitive agreement for its wholly owned subsidiary to purchase Mountain Union Telecom, LLC. This transaction, valued at approximately $309 million in cash (adjusted for Mountain Union's existing debt), represents a material expansion of Crown Castle's operations. The acquisition is expected to enhance the company's market position and contribute to its growth trajectory within the telecommunications infrastructure sector.

Key Highlights

  • 1Crown Castle International Corp. (CCI) is acquiring Mountain Union Telecom, LLC.
  • 2The acquisition price is approximately $309 million in cash, subject to adjustment for Mountain Union's outstanding indebtedness.
  • 3The transaction is being executed through a wholly owned subsidiary of Crown Castle.
  • 4Mountain Union Telecom, LLC is a privately held company.
  • 5This filing, an 8-K, was made on May 8, 2006, reporting the definitive agreement.
  • 6The agreement is considered definitive, indicating a high likelihood of closing.
  • 7The press release detailing this acquisition is furnished as Exhibit 99.1.

Frequently Asked Questions

This Form 8-K filing by Crown Castle International Corp. (CCI) is primarily to disclose a material event: the entry into a definitive agreement to acquire Mountain Union Telecom, LLC. This falls under Regulation FD Disclosure as it is significant non-public information being made available to the public.

The definitive agreement is for the acquisition of Mountain Union Telecom, LLC for approximately $309 million in cash. This amount will be reduced by the outstanding indebtedness of Mountain Union at the time of closing.

Mountain Union Telecom, LLC is a privately held company that Crown Castle International Corp. is acquiring. Further details about its operations or specific assets are not provided in this 8-K filing, but it is implied to be a significant player in the telecommunications infrastructure space given the acquisition value.

No, this specific 8-K filing (Item 9.01) only lists the press release dated May 8, 2006, as an exhibit. It does not include detailed financial statements for the acquired entity or pro forma financial information related to the acquisition. Such information might be provided in future filings.