Keyword: Crown Castle International
Vapor IO raised $90 million to build out its Kinetic Edge platform throughout the country.
Crown Castle could be poised to narrow the performance gap in coming years between itself and tower REIT peers, according to MoffettNathanson.
Ericsson is investing in training programs so the U.S. industry has enough skilled technicians to climb towers.
As Crown Castle reported third-quarter earnings, the tower company also disclosed a probe by the SEC related to its services business.
According to Moffett, tower tenancy levels are a main factor in the return on investment of tower companies.
Wells Fargo analysts noted that while some tower companies had suggested a possible slowdown in organic growth, the firm's concerned the trend could linger into 2020.
Crown Castle sees major opportunity for its small cell business, despite short-term delays and challenges posed by local authorities.
With Dish’s commitment to enter the wireless market as a new facilities-based fourth national carrier, its planned 5G network build is a positive for tower companies, some analysts say, though perhaps not a major boon in the near term.
Crown Castle boosted its yearly guidance after experiencing more tower activity than expected in the second quarter, but delays at burdened municipalities slowed down the company’s small cell construction timelines.
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