EXHIBIT 11.1
CROWN CASTLE INTERNATIONAL CORP.
COMPUTATION OF NET LOSS PER COMMON SHARE
(In thousands of dollars, except per share amounts)
Three Months Ended Nine Months Ended
September 30, September 30,
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1997 1998 1997 1998
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(In thousands of dollars, except per share amounts)
Net loss $(4,001) $(17,444) $(6,150) $(30,476)
Dividends on Senior Convertible Preferred Stock (461) (216) (461) (4,348)
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Net loss applicable to common stock for basic and
diluted computations $(4,462) $(17,660) $(6,611) $(34,824)
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Weighted-average number of common shares
outstanding during the period for basic and
diluted computations (in thousands) 7,254 53,879 4,672 25,262
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Loss per common share - basic and diluted $ (0.62) $ (0.33) $ (1.42) $ (1.38)
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