Report: Tower companies face ‘growing pains’ as AT&T, others reduce spending ahead of auction, 5G – FierceWireless

Report: Tower companies face ‘growing pains’ as AT&T, others reduce spending ahead of auction, 5G

Wells Fargo Securities analysts downgraded the entire tower sector, saying that carriers are beginning to balk at traditional network contracts in advance of the FCC’s incentive auction and the development of 5G standards.

http://www.fiercewireless.com/story/report-tower-companies-face-growing-pains-att-others-reduce-spending-ahead/2016-03-04?utm_medium=nl&utm_source=internal&mkt_tok=3RkMMJWWfF9wsRokuanIeu%252FhmjTEU5z14%252BsvUaO%252BlMI%252F0ER3fOvrPUfGjI4ET8JmNa%252BTFAwTG5toziV8R7LMKM1ty9MQWxTk