Crown Castle: Attractive, Undervalued Opportunity

morfous Co-authored with Philip Mause. Crown Castle Inc. (NYSE:CCI) is a REIT (Real Estate Investment Trust) that owns and operates cell towers, small cells, and associated fiber, which primarily serves the mobile phone industry. The company owns and operates a vast network of communications infrastructure, with 40K+ towers, ~90K route miles of fiber, and ~115K small cells on air or under contract. CCI now pays an annual dividend of $6.26 for a yield of 5.4$6.97, ...