Towers Stocks on Watch After Verizon's Cautious Capex Guidance
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Towers stocks should be on watch today following commentary on 2012 capex from Verizon (NYSE: VZ), disclosed with its Q2 earnings.
Verizon said it company now sees 2012 capex as "flat to down" versus "flat" prior and the softness appears to be in wireless.
Towers stocks to watch: American Tower Corporation (NYSE: AMT), Crown Castle International Corp. (NYSE: CCI), SBA Communications Corp. (Nasdaq: SBAC).
Verizon said it company now sees 2012 capex as "flat to down" versus "flat" prior and the softness appears to be in wireless.
Towers stocks to watch: American Tower Corporation (NYSE: AMT), Crown Castle International Corp. (NYSE: CCI), SBA Communications Corp. (Nasdaq: SBAC).
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