Interest Rates & Market EnvironmentA likely higher-for-longer rate environment could negatively impact the financial performance of Towers by increasing borrowing costs and affecting valuation multiples.
Operational ChallengesCarrier consolidation and the associated churn, especially with Sprint in the U.S. and Oi in Brazil, are anticipated to adversely affect property revenue growth.
Revenue Visibility & Carrier SpendingSteady carrier capital expenditures and lower revenue visibility present challenges, potentially leading to fluctuations in earnings and impacting stock stability.