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Tower compaies American, Crown, SBAC report site revenue increases in Q2

As operators in the U.S. and around the world continue to invest in network infrastructure and densification, major tower companies American Tower, Crown Castle and SBAC this month all reported year-over-year increases in tower and site revenues during Q2 financial reporting.

American reported $1.8 billion in property-based revenue, up 6.8% since the same quarter last year. For the same period, Crown Castle reported site rental revenues increased 35% to $1.2 billion and SBAC saw site leasing revenue increase by 6.7% to $430 million compared to Q2 2017.

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