Midband 5G reaches the halfway point in US, Crown Castle CEO says
Midband 5G radios have been installed on half of the roughly 40,000 cell towers that Crown Castle owns, company officials said during a quarterly conference call. "To date, only about half of our sites across our top three customers [Verizon, AT&T and T-Mobile] have been upgraded with midband spectrum, providing a significant opportunity for additional revenue growth as additional sites are upgraded over time before their focus will likely shift to more infill with new co-locations," said Crown Castle CEO Jay Brown.