This Infrastructure REIT Just Supercharged Its 5G Ambitions

Crown Castle International (NYSE: CCI) is one of the leaders in owning, operating, and developing communications infrastructure in the U.S. The infrastructure REIT, or real estate investment trust, currently operates more than 40,000 cell towers that are crucial to supporting the country's mobile network. In addition to that, it has about 50,000 on-air small cells to upgrade the country's wireless networks to 5G and more than 80,000 miles of fiber-optic cable that support those small cells and other fiber solutions. It recently enhanced its prospects by signing a long-term deal with Verizon (NYSE: VZ) to support the telecom giant's 5G expansion plans.