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“In the July edition of the Forbes Real Estate Investor (monthly newsletter) I explained that “major telecommunications companies will soon begin to roll out ‘new’ 5G technology in the U.S., and I’ve been reviewing the issues, reliability and impact—for REIT investors.

For investors, Connected Real Estate’s Rich Berliner says, ‘Delivery of 5G service will require wireless carriers to invest in more cell towers, as well as in small cell and fiber networks to broadcast 5G signals into specific areas. Implementation of 5G should be a massive home run for cell tower REITs and is expected to buoy revenue growth for the better part of the next decade. Companies with a specific focus on small cells may benefit the most.’

American Tower told Bloomberg ‘(that) ‘single tenant’ towers have gross margins of 40% from rentals… two tenants have 74% margins…three tenants have 83% margins…”

— Brad Thomas, Forbes
For a summary of the top providers of 5G towers read article