It’s towers up, small cells down for buoyant Crown Castle

Crown Castle has upped its full-year guidance for the second time this after posting a strong set of quarterlies on the back of 5G growth in the US.
But while business in the telecoms towers space is buoyant, Crown Castle’s figures raise some serious questions over the small cells market.
The towers specialist cited the “robust 5G leasing environment” in the US as the catalyst behind its second-quarter performance, the highlights of which included an 8% increase in site rental