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Crown Castle International Corp. (CKSW) is a real estate investment trust (REIT) that owns and manages shared communications infrastructure, including cell towers, small cells, and fiber. The company leases its infrastructure to wireless service providers, allowing them to expand their networks and improve coverage.
As of February 2023, Crown Castle International Corp. (CKSW) is not a publicly traded company on any major U.S. stock exchange. It is possible that you are referring to a different company with a similar name or a former ticker symbol. It's important to double check the company name and ticker symbol before researching.
However, I can provide you with general information about a similar company, Crown Castle International Corp. (REIT) (CCI) which is a public company and its focus is on telecommunication infrastructure.
Crown Castle International Corp. (CCI) has a strong track record of financial performance. The company has reported consistent revenue growth in recent years, driven by the increasing demand for wireless services and data. For the full year 2021, the company reported revenue of $5.7 billion, representing an increase of 9% compared to the prior year. The company's AFFO (Adjusted Funds From Operations), a key metric for REITs, increased by 8% in 2021 compared to the prior year.
The company has also been returning capital to shareholders through share buybacks and dividends. In 2021, the company returned $2.4 billion to shareholders through share buybacks and dividends, representing an increase of 14% compared to the prior year.
Crown Castle International Corp. (CCI) has a strong balance sheet, with a moderate level of debt and ample liquidity. As of December 31, 2021, the company had $8.6 billion of liquidity, including cash on hand and available capacity on its revolving credit facility.
It's important to note that past performance is not indicative of future performance and investing in the stock market always carries risk. It's recommended to consult a financial advisor before making any investment decisions.