NYSE:CCISpecialized REITs
How Investors May Respond To Crown Castle (CCI) Fiber Exit And DISH Dispute-Driven Tower-Only Pivot
Recently, analysts including KeyBanc, UBS, Wells Fargo and Goldman Sachs updated their views on Crown Castle as it progresses with selling its fiber and small cell assets and pursues legal action against DISH Wireless over more than US$3.50 billion in disputed contract payments.
These developments highlight Crown Castle’s move toward becoming a pure tower operator while its efforts to recover funds from DISH could materially affect its cash position and business focus.
We’ll now examine how...