Should You Retain Crown Castle Stock in Your Portfolio Now?
CCKCrown Holdings(CCK) ZACKS·2024-09-17 00:26

Crown Castle (CCI) owns a portfolio of wireless communication infrastructure assets in the United States. It is well-poised to benefit from the increase in mobile data usage, spectrum availability and high capital spending by wireless carriers to deploy 4G and 5G networks amid incremental customer demand. However, customer concentration and consolidation in the wireless industry are key concerns for the company. High interest rates add to its woes.What’s Supporting CCI?The exponential growth in mobile data ...