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  "documentTitle": "Crown Castle International Corp. (CCI)",
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  "presentationDate": "2020-07-06 00:00:00",
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      "text": "Crown Castle spends 149% of fiber EBITDA on fiber capex",
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      "text": "Crown Castle's capex spend is an industry outlier, driven by fiber capex well in excess of fiber EBITDA",
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      "text": "Source: Company public filings. 1. Crown Castle excludes integration capital expenditures. 2. As of LTM Q1'20. 3. Excludes unallocated corporate costs.",
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      "text": "Crown Castle's Capital Intensity Far Exceeds Peers",
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