Opportunity Awaits in the Rural Wireless Tower Business

By Jeff Johnston

February 15, 2023

Key Points

  • Rural wireless service is emerging as a growth opportunity for wireless operators and as such, network expansion in these markets is on the rise.
  • T-Mobile has aggressive market share growth expectations driven by densifying and expanding its rural network with its 2.5GHz spectrum.
  • More than $42 billion in broadband grants are up for grabs in rural America, with some of this money going to build new fixed wireless networks in high cost and ultra-high cost areas.
  • Rural communication operators are well positioned to support these efforts by building wireless towers, leveraging their local knowledge and access to local resources.
  • Stable cash flows and extremely attractive valuations make the rural wireless tower industry profitable. Additionally, rural towers are ideal edge computing locations which provides cash flow and valuation upside.

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