Crown Castle (CCI) presents an attractive investment opportunity due to improved organic growth, reduced challenges, and a discounted valuation trading at 16.7x 2026 AFFO despite projected AFFO/share growth from $4.36 in 2025 to $6.05 in 2030. The main risk is satellite competition, especially from Starlink, which could either disrupt tower demand or become a complementary tenant. The outcome of this satellite versus terrestrial debate will significantly impact CCI's future, with scenarios ranging from business as usual to major disruption or new revenue streams. Investors are advised to watch satellite leasing activity and carrier health as key indicators before adjusting positions, with a cautious underweight stance currently maintained on tower REITs due to this uncertainty.
Crown Castle announced its Q2 2026 financial results, highlighting a 10% increase in AFFO to $488 million despite a 4% decline in site rental revenues. The company completed the sale of its Fiber and Small Cell businesses for $8.4 billion, using proc...
Crown Castle Inc. (CCI) has seen its stock price drop to levels last seen between 2014 and 2016 due to valuation compression and poor capital allocation decisions, including selling its fiber business for $8.5 billion, far below its $20 billion inves...
