Equity Research: Crown Castle International

Crown Castle owns, operates and leases shared communications infrastructure across the United States. The communication infrastructure includes 40,000 towers and other structures, such as rooftops and 80,000 route miles of fiber that support small cell networks and fiber solutions.
The company’s core business is to provide access, including space or capacity, to the shared communications infrastructure through long-term contracts, increasing revenue through additional tenants and enhance cash flow returns on the back of scale benefits, due to lower incremental operating costs. Click here to access the report