American Tower's move to diversify into foreign markets paid dividends in the second quarter. But that wasn't enough to assuage investors' fears about the U.S. tower market.
Crown Castle's small cells business is threatened by both push-back from local municipalities and the lower rents the smaller antennas can command, according to BTIG Research.
Carriers may not love their tower partners right now, analysts at Evercore ISI say, but the romance is likely to pick up again next time they need to upgrade their networks.
The tension between U.S. carriers and tower companies is "at an all-time high," according Jennifer Fritzsche of Wells Fargo Securities, as operators continue to try drive down macrocell pricing.
U.S. tower companies have seen their shares generally hold firm despite concerns about carriers' network strategies as the industry moves toward 5G. But the ongoing strike by Verizon's wireline workers could create a temporary drag on network investments by the company's largest mobile network operator, according to analysts at Evercore ISI.
Crown Castle's first-quarter earnings drew relatively positive responses from analysts as the company reported mixed financial results but increased its guidance for the year.
HOLLYWOOD, Fla.--FCC Commissioner Mignon Clyburn urged the wireless industry to adopt additional safety provisions she said might prevent injury and death among tower climbers.
PCIA, the wireless infrastructure's trade group, is holding its annual conference in Orlando, Fla., starting Tuesday, and it's clear that the organization has the future on its mind, both from a regulatory standpoint and the evolution of network technology.
A surge in deaths among cell tower workers has prompted federal safety regulators to look more closely at the industry and track which companies various subcontractors were working for when accidents occurred.
An increase in the number of deaths among cell tower workers this year has sparked new concerns about the safety hazards these workers face, particularly as the nation's Tier 1 carriers race to deploy LTE networks, which often involves deploying new antennas on cell sites.