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.