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Global real estate investment trust leasing communications infrastructure and offering related services.
The company operates as a global real estate investment trust (REIT), specializing in multitenant communications real estate. It primarily leases space on communications sites to a diverse set of clients, including wireless service providers, broadcasters, government agencies, and data providers. This leasing activity, along with its data center operations, has constituted 99% of its total revenue as of the end of 2023. The portfolio includes numerous towers and distributed antenna systems (DAS) across multiple international markets, positioning the company to benefit from the rising demand for wireless services and mobile data.
In addition to leasing space, the company provides a suite of tower-related services that aid in site application, zoning, permitting, and construction management. Its global presence includes operations in regions such as North America, Asia-Pacific, Africa, Europe, and Latin America, affording it significant diversification and long-term growth potential in the telecommunications infrastructure market. Given the company's established international footprint and diversified offerings, it aims to capture the growing demand for advanced wireless technologies, particularly in light of trends such as 5G deployment and increasing wireless device usage.
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