Houston, Texas-based Crown Castle Inc. (CCI) is a REIT company, engaging in the provision of access to shared communications infrastructure. It operates through Towers, Fiber, and Other segments. With a market cap of $44.3 billion, Crown Castle’s operations span all of the top 100 markets across various U.S. states.
Companies worth $10 billion or more are generally described as "large-cap stocks," Crown Castle fits this bill perfectly. Given the company’s extensive network and widespread operations across the country, its valuation above this mark is not surprising. It currently owns over 40,000 towers, approximately 115,000 small cells on air or under contract and approximately 90,000 route miles of fiber.
