Crown Castle Inc
CCI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$841.00 | Sndcfp | Kdsd |
Crown Castle: Its Renewed Fiber Strategy Will Be Favorable for Shareholders
Business Strategy and Outlook
Crown Castle has pursued a different growth strategy compared with its two biggest competitors by exclusively focusing on expanding in the US, specifically by investing in fiber and small cells to supplement towers. After nearly a decade of deploying significant capital into its fiber business, the firm has recently slowed its capital investing plan and is reviewing a potential sale of the fiber business, moves that we think make the firm more attractive.