Sec Form 4 Filing - Abrams Capital Partners II, L.P. @ CROWN CASTLE INTERNATIONAL CORP - 2007-01-26

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Abrams Capital Partners II, L.P.
2. Issuer Name and Ticker or Trading Symbol
CROWN CASTLE INTERNATIONAL CORP [ CCI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
s-h w/board representation
(Last) (First) (Middle)
222 BERKELEY STREET, 22ND FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
01/26/2007
(Street)
BOSTON, MA02116
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/26/2007 D( 1 ) 153,426 D $ 33.8718 422,655 D ( 2 ) ( 8 ) ( 11 ) ( 12 )
Common Stock 01/26/2007 D( 1 ) 1,569,451 D $ 33.8718 4,323,518 D ( 3 ) ( 8 ) ( 11 ) ( 12 )
Common Stock 01/26/2007 D( 1 ) 384,143 D $ 33.8718 1,058,236 D ( 4 ) ( 8 ) ( 11 ) ( 12 )
Common Stock 01/26/2007 D( 1 ) 135,307 D $ 33.8718 372,744 D ( 5 ) ( 9 ) ( 11 ) ( 12 )
Common Stock 01/26/2007 D( 1 ) 553,040 D $ 33.8718 1,523,512 D ( 6 ) ( 10 ) ( 11 ) ( 12 )
Common Stock 01/26/2007 D( 1 ) 14,279 D $ 33.8718 39,334 D ( 7 ) ( 11 ) ( 12 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Abrams Capital Partners II, L.P.
222 BERKELEY STREET, 22ND FLOOR
BOSTON, MA02116
s-h w/board representation
Abrams Capital Partners I, L.P.
222 BERKELEY STREET, 22ND FLOOR
BOSTON, MA02116
s-h w/board representation
Whitecrest Partners, LP
222 BERKELEY STREET, 22ND FLOOR
BOSTON, MA02116
s-h w/board representation
Great Hollow International, L.P.
P.O. BOX 309GT, SOUTH CHURCH STREET
GEORGETOWN, E9XXXXX-XXXX
s-h w/board representation
Riva Capital Partners L P
222 BERKELEY ST 22ND FL
BOSTON, MA02116
s-h w/board representation
222 Partners, LLC
222 BERKELEY STREET, 22ND FLOOR
BOSTON, MA02116
s-h w/board representation
Signatures
/s/ David Abrams, the Managing Member of Abrams Capital, LLC, the General Partner of Abrams Capital Partners I, L.P. 01/30/2007
Signature of Reporting Person Date
/s/ David Abrams, the Managing Member of Abrams Capital, LLC, the General Partner of Abrams Capital Partners II, L.P. 01/30/2007
Signature of Reporting Person Date
/s/ David Abrams, the Managing Member of Abrams Capital, LLC, the General Partner of Whitecrest Partners, L.P. 01/30/2007
Signature of Reporting Person Date
/s/ David Abrams, the Managing Member of Great Hollow Partners LLC, the General Partner of Great Hollow International, L.P. 01/30/2007
Signature of Reporting Person Date
/s/ David Abrams, the Managing Member of Riva Capital Management LLC, the General Partner of Riva Capital Partners, L.P. 01/30/2007
Signature of Reporting Person Date
/s/ David Abrams, the Managing Member of 222 Partners, LLC 01/30/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On January 26, 2007 the Issuer purchased the shares reported herein pursuant to a Stock Purchase Agreement, dated as of January 19, 2006, among the Issuer, the reporting persons and other parties.
( 2 )These shares are owned by Abrams Capital Partners I, LP.
( 3 )These shares are owned by Abrams Capital Partners II, LP.
( 4 )These shares are owned by Whitecrest Partners, LP.
( 5 )These shares are owned by Great Hollow International, LP.
( 6 )These shares are owned by Riva Capital Partners, LP.
( 7 )These shares are owned by 222 Partners, LLC.
( 8 )Abrams Capital, LLC ("Abrams Capital") is the general partner of Abrams Capital Partners I, LP, Abrams Capital Partners II, LP and Whitecrest Partners, LP. Pamet Capital Management L.P. ("Pamet L.P.") is the investment adviser of Abrams Capital Partners I, LP, Abrams Capital Partners II, LP and Whitecrest Partners, LP.
( 9 )Great Hollow Partners LLC ("Great Hollow LLC") is the general partner of Great Hollow Partners International, L.P. ("Great Hollow International"), and Pamet L.P. is the investment adviser of Great Hollow International.
( 10 )Riva Capital Management, LLC ("Riva LLC") is the general partner of Riva Capital Partners, L.P. ("Riva L.P."), and Abrams Capital Management LLC is the investment adviser of Riva L.P.
( 11 )Pamet Capital, LLC ("Pamet LLC") is the general partner of Pamet L.P. David Abrams is the managing member of Abrams Capital, Pamet LLC, Great Hollow LLC, Riva LLC and 222 Partners LLC. Abrams Capital, Pamet L.P., Pamet LLC, Great Hollow LLC, Riva LLC and Mr. Abrams may be deemed to have voting and investment power over shares owned by the reporting persons with respect to which they serve as investment adviser or general partner or to the extent that they exercise control over an entity acting in such capacity. The shares disclosed in the table as being beneficially owned by the reporting persons are also included in a separate report as being beneficially owned by Mr. Abrams.
( 12 )Each of Abrams Capital, Pamet L.P., Pamet LLC and Mr. Abrams and each reporting person disclaims beneficial ownership of all reported shares except to the extent of its pecuniary interest therein and the inclusion of the shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

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