An independent owner and operator of wireless communications towers in United States, Puerto Rico, and the U.S. Virgin Islands. The Company's two business lines are: site leasing and site development.
BATS data provided in real-time. NYSE, NASDAQ and AMEX data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates and Analyst Ratings provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
towers operators are fundamentally going to benefit from the minutes of use and subscriber growth forecasted in the near future. they have a very basic business model with recurring cash flows, annual rent escalators of 3-5% per lease and very strong tenant lease renewal rates. right now they are probably about 2-2.5 tenants per tower. incremental costs associated with putting more tenants on a tower are negligible with all the incremental revenue flowing to the bottom line. these stocks are going to be solid for the next three years regradless of carrier consolidation. high barriers to entry, low capex allows them to leverage effectively. def a top pick.