Crown Castle Inc
CCI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$698.00 | Zwpsx | Sbb |
Towers Continue To Be Crown Castle’s Crown Jewel, and Maturing Small Cell Business Should Improve
Business Strategy and Outlook
Crown Castle has a different strategy than its two biggest competitors, which focus almost exclusively on towers and have a multinational footprint. Crown operates exclusively in the United States and has aggressively invested in fiber to pursue small cell communications sites. We like the prospects for towers more than small cells and therefore prefer the businesses of Crown’s competitors.