Wireless Industry News » 5G to lift Crown Castle, American Tower, many others: Wells Fargo
Vendors of small cells expect that market to ramp up significantly over the next few years as carriers look to densify their networks. But traditional tower companies say they’re not threatened by that growing market.
That’s the takeaway from Wells Fargo Securities, which last week co-hosted a conference in New York focusing on issues regarding 5G.
“In summary—a quick definition for 5G is a bit hard to find and—depending on who you speak to—you can get many different answers!” Jennifer Fritzsche of Wells Fargo wrote in a note to investors summarizing the meeting. “But one thing is clear to us—the 5G architecture and infrastructure is in full swing ‘prep and prepare’ mode and that should benefit many of the infrastructure on our coverage list. Names on this list include: American Tower, Crown Castle, Dycom Industries, SBA Communications and Zayo.” Read More