Crown Castle Confirms Receipt Of Shareholder Letter - Quick Facts

(RTTNews) - Crown Castle International Corp. (CCI) said it has received a letter from Corvex Management LP.

"We always appreciate hearing from our shareholders," stated Ben Moreland, Crown Castle's President and Chief Executive Officer. "We receive input from many of our shareholders on a regular basis, and we welcome the dialogue and perspective. Over the last decade, we have returned over $3 billion in capital to shareholders through share purchases and dividends. We continually review our capital allocation strategy and consider all input from our shareholders as we aim to create long-term shareholder value. As we have previously stated publicly, we plan to address our capital allocation policy, including dividends, on our 2014 third quarter earnings call scheduled for October 31, 2014."