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Colony Capital Inc (CLNY) Q4 2020 Earnings Call Transcript

Colony Capital Inc (CLNY) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Colony Capital Inc (NYSE: CLNY) Q4 2020 Earnings Call Operator Greetings, and welcome to Colony Capital, Inc. Fourth Quarter and Full Year 2020 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Severin White, Managing Director of Investor Relations. Thank you. You may begin. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our

ExteNet Emphasizes Fiber-First™ at Capacity Media s Metro Connect USA 2021

Share this article Share this article CHICAGO, Feb. 23, 2021 /PRNewswire/  ExteNet Systems, the leading private owner and operator of converged communications infrastructure delivering advanced mobility and fiber connectivity, today unveiled Fiber-First ™ at Capacity Media s ongoing Virtual Metro Connect 2021 event. We distinguish ourselves with our Fiber-First approach while delivering digital transformation for our customers, said Jim Hyde, ExteNet President & CEO at ExteNet Systems. Our future-proof networks are designed and built to serve mission-critical, ultra-fast and high-bandwidth connectivity requirements while scaling effectively to address future needs. While our fiber and small cell infrastructure is foundational for 5G services offered by mobile network operators (MNOs) both outdoors and indoors, our edge infrastructure and edge hub locations will power 5G for all our customers including MNOs, property owners, enterprises, data center and cloud providers.

US operators 5G spending might not pick up until 2022

There are growing indications that network operators in the US won t begin spending heavily on their 5G networks until 2022. This year is not going to be the robust year that some of my colleagues are predicting, Alex Gellman, CEO of cell tower company Vertical Bridge, said during the virtual Metro Connect event Tuesday. Others agree. Our outlook for 21 does assume a pace of activity that is increasing throughout the year, so it s definitely a little bit slower is our assumption here at the beginning of the year, and it picks up in the latter half of the year, Brendan Cavanagh, CFO for cell tower company SBA Communications, said Monday during the company s quarterly call, according to a Seeking Alpha transcript of the event. SBA is the nation s third largest US cell tower operator.

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