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.”
Infrastructure REITs Towering Over the 5G Economy
Forbes contributor Brad Thomas reported that, over the next decade, wireless applications powered by 5G technologies are expected to disrupt nearly every sector of the economy, requiring massive investments in communications infrastructure. For this reason, Thomas states, cell tow...
Crown Castle to Present At The Bank Of America Merrill Lynch 2019 Media, Communications & Entertainment Conference
Crown Castle Senior Vice President and Chief Financial Officer Dan Schlanger is scheduled to present at Bank of America’s Media, Communications & Entertainment Conference on Wednesday, September 11th.
Amazon’s Cloud-Computing Empire Faces Threat From Edge of the Network
Bloomberg reported that, with an abundance of mobile devices and sensors now connected to the internet, more people and companies need their computing power close to them. The article notes that this is "going to hand a huge opportunity to wireless carriers, which are building fas...
Crown Castle Hires Google Lobbyist to Boost DC Efforts
Crown Castle hired Staci Pies as its VP of Government and Regulatory Affairs, a newly created position at the company. Pies previously held a lobbying position at both Google and Microsoft. Due to the troubles getting the necessary permits from cities and utility companies, Crown ...
Crown Castle CFO confident on small cell outlook, despite short-term delays
At last week’s Cowen Communications Infrastructure Summit, Crown Castle CFO Dan Schlanger said he sees major opportunity for the company’s small cell business, despite short-term delays relating to challenges posed by local authorities. Schlanger noted that "current in...
Vapor IO, Crown Castle Bring Amazon Web Services to the Kinetic Edge
Last week, Crown Castle and Vapor IO announced they teamed up to create a service that interconnects Vapor IO’s Kinetic Edge with Amazon Web Services (AWS) through Crown Castle’s high-speed Cloud Connect. Crown Castle’s offering of Cloud Connect capabilities to t...