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.

Read full article here.

bar

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.

5G to Transform Content Production and Create New Business Models and Revenue Streams for Network Operators

ABI Research, a global technology market advisory firm, forecast that 5G network coverage will support more than 35 percent of the worldwide mobile user base in 2024. Video is expected to be a key application in driving mobile data consumption, and media and entertainment industries are lookin...

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...

This website uses cookies to ensure you get the best experience. By continuing to use our site, you accept the use of cookies, and our Privacy Policy and Terms of Use.