American Tower Is Well Positioned To Grow, But Crown Castle Could Keep Up

Summary:

  • Demand for wireless services is expected to grow by 20% per year until 2027, fuelled by increased data usage and increasing availability of lower cost phones in emerging markets.
  • Cell tower providers will be the first ones to benefit from this trend. Both AMT and CCI are very well positioned to take advantage of this uptrend.
  • Let’s see which one is a better buy based on their differences.

Cell phone or mobile service towers

energyy

Dear readers/followers,

Cell towers have become an essential part of our daily lives as they provide the infrastructure that powers the wireless communications we depend on. As a result, investing in companies that own and operate cell towers can be

growth

AMT Investor Presentation

Chart
Data by YCharts

growth

AMT Q3 2022 Report

debt

AMT Q3 2022 Report

debt

CCI Q4 2022 Report

valuation

Fast graphs

valuation

Fast graphs


Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in AMT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


Leave a Reply

Your email address will not be published. Required fields are marked *