Only seven business days after it began, the FCC’s 24 GHz spectrum auction “blow past the $1 billion mark Friday (March 22).” The FCC is auctioning the spectrum “to free up more bandwidth for 5G wireless broadband, to help close the rural digital divide, and to make wireless a stronger competitor to wired broadband. New York and L.A. continue to lead, with bids on licenses there of $28,080,000 and $21,606,000, respectively, with Chicago in distant third with $10,436,000.”
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...
CBRS could be CRE ‘game changer’ post-COVID
Following the Covid-19 pandemic, commercial real estate landlords will need to find ways to make their buildings stand out as they fight for tenants. One expected differentiator may by Citizens Broadband Radio Service (CBRS). The article states, "Landlord Rudin Management Company has recognize...
Dish's 5G network architect explains the new Amazon
Light Reading reporter Mike Dano captured the details of Dish’s new 5G network agreement with Amazon Web Services (AWS). The article states, "‘Ergen appeared to pour some cold water on the idea that a big tech player like Amazon would be a 'strategic partner,' implying that he cons...
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...
Verizon deploys C-band gear from Ericsson, Samsung for its 5G network
Verizon announced its top priority for 2021 is to prepare its network for its C-band spectrum and has begun installing C-band equipment from Ericsson and Samsung in its Ultra Wideband network. The company also recently signed agreements with Crown Castle and SBA to lease space for C-band equip...