Scalper1 News
Will 2015 be the year of the REIT for phone companies, including perhaps Verizon and AT&T? Converting to a real estate investment trust provides tax benefits on earnings. Most REITs own office buildings and shopping centers, but companies in other industries have sought REIT status to lower tax bills. Conversion to a REIT requires IRS approval. Within the telecom industry, cellphone tower operators American Tower (AMT) and Crown Castle Scalper1 News
Scalper1 News