Crown Castle expects 20% core tower leasing surge in 2022
Crown Castle expects a 20% surge in core leasing tower activity in 2022, which is 50% higher than the company’s trailing 5-year average. “The amount of leasing activity we're seeing in the business is just unprecedented, 50% above our historical 5-year average in terms of core activity is just remarkable,” said Crown Castle President and CEO Jay Brown during the company’s third quarter earnings call. “A business that rarely has inflection points, to see that kind of uplift in activity is just really unique.”