Crown Castle International Corp
North American company
REIT - Specialty
News & analysis
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Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 80,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company’s fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle’s towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.Crown Castle International Corp operates wireless tower communication sites in the United States. It owns, operates and leases shared wireless infrastructure, including towers and other structures. Site rental generates maximum revenue for the company.
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