In a quarterly call with investors last week, Sprint CEO Michel Combes said that the carrier "has added expanded its 800 MHz, 1.9 GHz and 2.5 GHz coverage." Combes added that "Sprint now has 27,000 small cells on-air, compared to only 3,000 at this time last year." This comes as Sprint reported a net loss of $141 million for the quarter. Combes noted the "massive MIMO deployment will improve both its LTE network and provide the building block for our mobile 5G launch in the coming months."
Crown Castle: It was worth the wait
Light Reading reporter Mike Dano covered Crown Castle’s quarterly earnings conference call and the future of Crown Castle’s business. With an expected revenue growth of 0.7% in 2022 and 1.4% in 2023 through C-band deployments, Crown Castle CEO Jay Brown argued the results validate ...
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...