By a vote of 6-1, with two councilors absent, the Loveland City Council approved the second reading of an ordinance allowing the city to issue the bonds. Loveland staff will now begin the three-year process to construct a city-wide fiber broadband network that is capable of offering up to gigabit speeds for any resident or business. The city and its consultants will immediately start the process of bonding for about $97 million (the exact amount depends on a number of factors, including the interest rate on the bonds, the term of the bonds and structure of the financing).
Crown Castle to present at the 2019 Wells Fargo 5G Forum
Crown Castle has announced that Dan Schlanger, Crown Castle’s Senior Vice President and Chief Financial Officer, is scheduled to present at the 2019 Wells Fargo 5G Forum.
State looking to fill in rural broadband gaps
Monroe County Executive Cheryl Dinolfo highlighted investments in construction during her tenure and announced upcoming economic development projects. One of the key announcements was that Houston-based Crown Castle will be the latest tenant to open an office in Riverwood Tech Cam...
The AMT growth story: Emerging market and 5G exposure
According to Seeking Alpha, as the world makes the shift from 4G to 5G, cell tower REITs stand to gain tremendous strength. In order to move forward with 5G development, there has to be more cell tower densification, which will spur growth for companies like Crown Castle.
Technicians to actually install 5G in short supply
Light Reading published an article on the workforce shortage when it comes to technicians to actually install 5G networks. The article noted that the issue stems past the wireless industry and is also impacting the fiber side, noting "companies ranging from Crown Castle to Verizon...
How fast, reliable connectivity will advance the Greater Washington Area
Cathy Piche, East Area President at Crown Castle, published a guest post with the Greater Washington Board of Trade, stating "Crown Castle applauds the Greater Washington Board of Trade, the Metropolitan Washington Council of Governments, and the Consortium of Universities of the ...
The 5G rollout has cell tower stocks in ‘raging bull market mode’: Cramer
CNBC’s Jim Cramer reported on tower companies Crown Castle, American Tower and SBA Communications, who have had minor exposure to China and continue riding the "decades-long tailwinds" in wireless technology. The impending rollout of fifth generation technology has been a ca...