The passage of the spectrum legislation is one of the...
The passage of the spectrum legislation is one of the four tower sector “catalysts” for 2012, said analyst Jonathan Schildkraut of Evercore. Others are the continuation of data growth, a potential Amazon smartphone and tower spending by the four biggest…
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national carriers and Clearwire, he said. Among the major tower companies, Crown Castle is the biggest potential beneficiary from spectrum legislation, he said. The construction of a public safety network would be targeted toward urban markets, he said, noting Crown Castle is “over-indexed to these major markets.” The approval is negative for Clearwire given the increased likelihood of new spectrum introduction, the analyst said.