Net loss for the fourth quarter of 2012 was $10 million, inclusive of the aforementioned loss on retirement of debt, compared to net income of $49 million for the same period in 2011. Net loss attributable to CCI stockholders per common share was $0.07 for the fourth quarter of 2012 compared to income of $0.16 in the fourth quarter of 2011.
Site rental revenues for full year 2012 increased 15% to $2.12 billion, up $271 million from $1.85 billion for full year 2011. Site rental gross margin for full year 2012 increased 16% to $1.58 billion, up $213 million from $1.37 billion for full year 2011. Adjusted EBITDA for full year 2012 increased $246 million, or 19%, to $1.55 billion, up from $1.31 billion for full year 2011.
AFFO increased $149 million, or 20%, from $737 million for full year 2011 to $886 million for full year 2012. AFFO per share increased 18% to $3.04 in full year 2012 compared to $2.58 for full year 2011. FFO decreased $13 million, inclusive of a $132 million loss on retirement of debt, from $708 million for full year 2011 to $696 million for full year 2012. FFO per share decreased $0.09 to $2.39 in full year 2012 compared to $2.48 for full year 2011.
Net income for full year 2012 increased to $201 million, inclusive of the aforementioned loss on retirement of debt, compared to $171 million for the same period in 2011. Net income per common share was $0.64 for full year 2012 compared to $0.52 for full year 2011.T-MOBILE USA TOWER TRANSACTION In November 2012, Crown Castle completed its transaction to acquire exclusive rights to approximately 7,100 T-Mobile USA ("T-Mobile") towers for cash consideration of approximately $2.5 billion. Crown Castle expects the operating results of the T-Mobile towers to contribute approximately $125 million to $130 million to AFFO in 2013. Further, Crown Castle expects the T-Mobile towers to produce between $260 million and $265 million in site rental revenue and between $95 million and $100 million in Adjusted EBITDA in 2013. The contribution to 2013 Adjusted EBITDA from the T-Mobile towers is expected to be net of approximately $25 million to $30 million in adjustments related to straight-line lease accounting and certain adjustments related to the fair market value of certain ground leases for the T-Mobile towers.
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