Wells Fargo Sees Bright 2018 for Major Tower Players
Next year should be good for the major U.S. tower companies, Well Fargo’s Jennifer Fritzsche wrote investors Tuesday of "the year when small cells are pursued in earnest.” Small cell densification is a key "part of 5G infrastructure," the analyst…
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said. "We expect all 4 carriers will move on this initiative in a more urgent way (led by [Verizon]) in 2018.” Wells Fargo expects capital expenditures by Verizon, AT&T, T-Mobile and Sprint to increase 12 percent next year to $34 billion.