Houston Business Journal and Houston Chronicle reported on Crown Castle’s plans to build a new 420,000-square-foot facility along Interstate 10 just west of the 610 Loop. The article noted that while it is currently unclear for what Crown Castle intends to use the space for, the company plans to construct a 13-story office building that’s estimated to cost $55 million. A Crown Castle representative declined to disclose any information related to the project to the Houston Business Journal.
Ciesla begins Northbrook board presidency in inclusive fashion
In a Northbrook (IL) board meeting, the board passed a consent agenda including the authorization of a permit for Crown Castle to construct a new platform of wireless antennas on an existing tower at 1607 Techny Road. Introduced by Department & Planning Director Michaela Kohlstedt, the discuss...
Dish's 5G starts getting tangible
DISH network is starting to see a turning point from its 5G planning stage to the deployment stage, covering up to 20,000 cell towers with its 5G radios in March. The article reported tower companies SBA Communications, American Tower and Crown Castle all forecast seeing revenue from DISH with...
Will network operators eventually rent their 5G equipment, too?
A recent report from Cowen analysts suggests wireless network operators, such as Verizon, may someday begin to rent 5G radios and antennas from the towers they currently use for tower space. Some executives in the cell tower industry agree that it's a topic of discussion. "‘Overall, I wo...
Crown Castle sees 5G frenzy, raises outlook for 2021
Crown Castle’s growth is expected to be 4- 5% above the projected adjusted funds from operations (AFFO) per share for 2021 due to the significant increase in 5G deployment. This demand for highspeed internet access comes from increased demand for mobile data in the US.
5G boosts results in US… for towercos, not telcos
Telecoms reporter Mary Lennigham reported the largest takeaway from Q1 reporting encompassing 5G rollouts is that tower providers are seeing better results than mobile operators. The article states, "‘We are excited about the increasing level of activity we see in our business as our cus...
Towercos to the Rescue?
Contributing analyst Martha DeGrasse writes about how tower owners can help carriers finance 5G rollouts by potentially giving carriers a way to turn a capital investment into an operating expense as they deploy new spectrum. Crown Castle CFO Daniel Schlanger stated, "We think we can really he...