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Barchart
Sohini Mondal

Is Crown Castle Stock Underperforming the Dow?

Valued at a market cap of $44.9 billion, Crown Castle Inc. (CCI) operates and leases shared communications infrastructure. Based in Houston, Texas, the company operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market.

Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and Crown Castle fits this description perfectly. The REIT has a nationwide portfolio of communications infrastructure that connects cities and communities to essential data, technology, and wireless services.

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