The Zhitong Finance App learned that on Friday, Guancheng International (CCI.US) surged more than 11%, and American Electric Tower (AMT.US) surged more than 7%. According to the news, on October 8, SpaceX agreed to buy a national low-frequency spectrum for about 8 billion US dollars, with the aim of improving satellite mobile communication services; related spectrum can improve signal penetration capabilities, and terrestrial network expansion may still drive demand for communication tower construction. The deal raised expectations that SpaceX could rent the vacant space of existing communication base stations in the future to support its ambition to become a major wireless operator in the US. According to reports, Guancheng International owns, operates, and leases about 40,000 cellular communication towers in the US to provide infrastructure for wireless connections; SpaceX spectrum transactions have increased the correlation between terrestrial network construction and leasing towers.

The Zhitong Finance App learned that on Friday, Guancheng International (CCI.US) surged more than 11%, and American Electric Tower (AMT.US) surged more than 7%. According to the news, on October 8, SpaceX agreed to buy a national low-frequency spectrum for about 8 billion US dollars, with the aim of improving satellite mobile communication services; related spectrum can improve signal penetration capabilities, and terrestrial network expansion may still drive demand for communication tower construction. The deal raised expectations that SpaceX could rent the vacant space of existing communication base stations in the future to support its ambition to become a major wireless operator in the US. According to reports, Guancheng International owns, operates, and leases about 40,000 cellular communication towers in the US to provide infrastructure for wireless connections; SpaceX spectrum transactions have increased the correlation between terrestrial network construction and leasing towers.