By John Celentano, Inside Towers Business EditorCrown Castle International (NYSE: CCI) has just completed what CCI’s President and CEO Jay Brown referred to in the company’s 4Q21 earnings call as a “tremendous year … as our customers began upgrading their existing cell sites as part of the first phase of the 5G buildout in the U.S.”
He adds, “We expect elevated levels of tower leasing to continue this year and believe we will once again lead the industry with the highest U.S. tower revenue growth in 2022. In addition, we secured commitments for more than 50,000 new small cell nodes during the last twelve months, which equates to approximately 70 percent of the total small cells we booked in our history prior to 2021. As a result, we now have approximately 55,000 small cell nodes on air and more than 60,000 committed or under construction in our backlog.” Continue Reading
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