Labor, supply chain pinch not impacting Crown Castle’s outlook
Crown Castle CEO Jay Brown spoke at a Goldman Sachs virtual investor conference regarding the labor shortage and supply chain constraints in the industry. Crown Castle has had more applications for leases on its tower sites in the first half of 2021 than they've seen in any other year in its history, and Brown feels confident the company will meet its goals for the year. Brown stated, "Not only are we at a stage where we've got fallow spectrum in the hands of the carriers, and a capital and ability to deploy it, but you've also got four very willing and hungry carriers that are pushing to get network deployed."