Opportunities in Horizontal Tower CompaniesComments Off on Opportunities in Horizontal Tower Companies
Some refer to the world of fiber because horizontal tower companies as the cell towers we know and love wouldn’t function without backhaul. Zayo, a company headquartered in Boulder, Colorado, provides fiber-based bandwidth infrastructure services and carrier-neutral co-location. Colby Synesael of Cowen and Company wrote in a research note that as investors become more familiar with the company, they expect the stock to undergo meaningful multiple expansion while strong secular tailwinds and additional M&A likely drive upside to estimates the next few years. Continue reading here.