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 catalyst for the group and has made tower real estate more valuable, Cramer noted. "The 5G buildout requires an enormous amount of investment, and that’s good news for the cell tower plays," he said.

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Surprise reaches deal with telecom provider

The Surprise (AZ) City Council agreed to a wired telecommunications license and right-of-way use agreement with Crown Castle Fiber, permitting the company to install nearly 20 miles of aerial and underground fiber optic cables. In exchange, the city will charge an annual linear foot fee, permi...

New York City makes new groundwork agreements for 5G services across all boroughs

The New York City Department of Information Technology and Telecommunications (DoITT) said it has laid the groundwork for the equitable expansion of 5G mobile services across all five boroughs, with the approval of ten franchise agreements between Crown Castle Fiber, Crown Castle ...

ATLANTIC-ACM Announces 2020 U.S. Business Connectivity Service Provider Excellence

Crown Castle was listed as a winner in the Midsized Service Provider category for ATLANTIC-ACM’s 2020 U.S. Business Connectivity Service Provider Excellence Awards.

Covid-19 hasn't infected operators' capex plans

Zayo CEO Dan Caruso warned of a slower-than-expected deployment of small cells among US operators, with Light Reading’s Mike Dano noting the news as noteworthy to companies like Crown Castle, which have "heavily invested into the small cell sector with the belief th...

Industry cheers FCC's legal victory in small cell battle

A federal appeals court upheld the FCC’s 2018 ruling limiting municipalities’ ability to negotiate with telecom companies looking to deploy 5G infrastructure. Light Reading’s Mike Dano reported the FCC’s new victory could “help smooth out the deployment of small c...

City Council Tables Cell Tower

A Crown Castle request to build small cell technology in Prospect Heights (IL) has been tabled after the design was met with opposition at a city council meeting due to concern over the technology being an “eyesore” and property values. Crown Castle representative Travis Schenk sai...

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