Crown Castle Inc. has been given a neutral rating by UBS as it continues to focus on its core business of owning, managing, and leasing shared wireless infrastructure.
The majority of the company's net sales, accounting for 93.6%, come from leasing space on over 40,000 towers and rooftops, as well as distributed antenna systems (DAS) that enhance wireless communication for mobile operators.
Additionally, Crown Castle generates 6.4% of its revenue from other services, primarily network services, which include antenna installation, architectural and engineering services, and fiber optic installation. This diversified approach positions the company as a key player in the telecommunications infrastructure sector, meeting the growing demand for reliable wireless connectivity.