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 CEO discusses future of small cells, towers
Jay Brown, president and CEO of Crown Castle, took part in a wide-ranging conversation about wireless infrastructure at the South Wireless Summit in Nashville, Tennessee, in a question-andanswer session with Monica Mosesso, a Crown Castle district manager Tennessee. Some topics co...
Legislative push to boost broadband funding underway
Minnesota’s Commissioner of the Department of Employment and Economic Development urged lawmakers to reinstate the Border-to-Border grant program for rural broadband. At a press conference, Commissioner Steve Grove said legislation currently in the works would put $70 millio...
Motion to revoke tower approval denied
Ocean City, MD Councilman Tony DeLuca made a motion during the council comments section last week to revoke the Mayor and Council’s approval last month of nine small-scale cell towers in northend residential areas proposed by Crown Castle in December. The motion was seconded...
Key points for negotiating 5G cell site contracts
The expected deployment of 5G networks is creating increased demand for robust wireless infrastructure: antennas, cell sites, pole attachments and fiber. As this demand increases, wireless operators or third-party intermediaries (e.g., Crown Castle International Corp.) "enter into...
This stock is America's 5G 'landlord', and it pays a 3.8% dividend
Forbes published an article about Crown Castle’s stock, stating that, "When it comes to the small cell towers that will power 5G, Crown Castle is lapping its competitors." The article noted that Crown Castle operates over 65,000 towers – more than any other company in ...
China to lead APAC tech spend, 5G race ahead of global markets
According to research firm Forrester, China is "expected to remain Asia's largest spender in technology, forking out $256 billion this year and $273 billion in 2020, as well as lead global markets in 5G where the country's investments in telecommunications account for 57 percent o...