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The Company owns, operates and leases towers for wireless communications. It engages in such activities through a variety of structures, including subleasing and management arrangements.
CCI has had some decent revenue growth which has enabled it to finally see operating income in excess of its debt payments for the prior two quarters. This was not the case for the 07-09 fiscal years.So, CCI should be a survivor, but thriving relative to the S&P 500 index is another matter.
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