CCI News and Press, Crown Castle International Corp. From 04/24/23

2023-04-24 08:30:00 ET Summary CCI suffers from two headwinds right now: Sprint lease cancellations and rising interest expenses from some floating rate debt. I argue that both of these headwinds are temporary rather than permanent. Mobile data demand is projected to continue ...

2023-04-24 08:05:00 ET Summary Cell tower REITs are today heavily discounted. American Tower and Crown Castle are both good investment opportunities. But which one is the best REIT for 2023? American Tower ( AMT ) and Crown Castle ( CCI ) are two of the best-...

2023-04-24 06:43:19 ET Summary We cited three worries for 2023 in our last update. Free cash flow was one of them and the market ran amok on the Q1-2023 results. All said and done, the company did actually deliver better results than what we expected and the numbers were solid...

2023-04-24 03:21:43 ET Summary Crown Castle receives steadily growing revenues from telecom providers who install their network infrastructure on Crown Castle's towers, small cells, and fiber optics. The global communications infrastructure market is expected to grow at a CAGR of ...

2023-04-23 09:00:00 ET Summary U.S. equity markets finished mixed this week as investors weighed a solid start to earnings season against a mixed slate of economic data and a drumbeat of hawkish Fed commentary. Real estate equities were among the leaders this week, buoyed by signs...

2023-04-21 08:30:00 ET Summary Media pundits frequently and sloppily equate office buildings with "commercial real estate," but the two are not equal. There's a lot more to CRE than half-empty downtown office towers. I am staying far, far away from office REITs, even if they seem ...

2023-04-20 14:17:06 ET Crown Castle Inc. (CCI) Q1 2023 Earnings Conference Call April 20, 2023 10:30 AM ET Company Participants Ben Lowe – Senior Vice President-Corporate Finance Jay Brown – Chief Executive Officer Dan Schlanger – Chief Finan...

2023-04-20 10:58:44 ET Summary My weekly articles are getting to be too time-consuming, so my goal is to write a separate weekly update for the watchlist. The primary purpose of Watchlist articles is to give readers actionable information instead of a recap which often has informa...

2023-04-19 17:50:23 ET Crown Castle ( NYSE: CCI ) Q1 earnings came in slightly above Wall Street expectations as the telecom tower REIT continued to benefit from demand growth for 5G development, said CEO Jay Brown. The company maintained its 2023 outlook. "The positive operatin...

2023-04-19 16:22:07 ET Summary In this article, we dive into the fundamentals of the (commercial) real estate industry, which is suffering from a mix of headwinds. High inflation, rising rates, and related economic woes are likely to further cause deteriorating financial condition...