- Wireless tower operator Crown Castle forecast 2024 site rental revenue slightly below Wall Street estimates on Wednesday, as telecom firms reduce spending after years of pouring money into building out their 5G networks.Crown Castle's shares fell more than 2% in extended trading, after the Houston, Texas-based company said it expects annual site rental revenue of $6.37 billion, compared with estimates of $6.38 billion, according to LSEG data.
Its adjusted funds from operations stood at $1.77 a share for the July-September period, compared with $1.85 per share a year earlier. Telecom stocks such as BCE offer exposure to high dividend yields, stable and resilient results, and security. The post Telecom Titans: Canada’s High Dividend Yielding Communication Stocks appeared first on The Motley Fool Canada.Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.
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