Crown Castle has posted a strong set of financials for last year and is already upping its 2022 guidance. But the big news is around small cells; after years of hype, we are finally starting to see some traction.
Crown Castle has upped its full-year guidance for the second time this after posting a strong set of quarterlies on the back of 5G growth in the US.
The biggest takeaway from Q1 reporting season is that in this, the 5G rollout phase, the impetus remains with the tower providers rather than the mobile operators themselves.
US operator AT&T is to sell approximately 600 of its wireless towers to independent infrastructure management firm Crown Castle, and lease the rights to another 9,100 towers, for a combined up-front payment of $4.85bn. AT&T will lease capacity back from Crown Castle, for a minimum of ten years, for $1,900 per month per site, with annual rent increases of two per cent.
US-based network infrastructure firm Crown Castle has offloaded Modeo, its DVB-H mobile TV venture in New York City. The firm, which owns and operates radio towers in the US and Australia, said that it has entered into a lease of its US nationwide 1670 – 1675MHz spectrum. The Spectrum will be leased to a venture […]
Radio tower company Crown Castle International switched on its beta mobile TV service based on the DVB-H platform on Monday. The service, operated by subsidiary Modeo, is a commercial quality mobile TV offering in New York City. The beta service includes live video content from network programmers Fox News, Discovery Channel and others, as well […]
Communications tower and infrastructure firm Crown Castle International said Friday it has agreed to buy rival Global Signal in a stock and cash transaction valued at approximately $5.8bn (£3bn). The transaction will result in Crown Castle owning over 24,000 wireless sites around the US. The merger is expected to generate cost synergies of between $12m […]
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