Crown Castle CEO: 5G deployments have driven historic level of tower activity
During a conference call with investors, Crown Castle CEO Jay Brown said the company is experiencing the highest level of tower activity in the company’s history due to 5G deployments in the US. “We continue to generate significant growth in cash flows and dividends from the deployment of 5G in the US. We are experiencing the highest level of tower activity in our history. This record level of activity is tied to the existing wireless carriers increasing their spend to add more equipment to tower sites and Dish starting to build a new nationwide 5G network from scratch,” Brown said.