Here's Why You Should Retain Crown Castle (CCI) Stock Now
CCICrown Castle(CCI) Zacks Investment Research·2024-02-13 01:01

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