David Guarino

“As we think about modeling in these large one-time fees related to the X-scale leases, I was wondering if there's any framework you can provide us to estimate and forecast how large they might be.”

“And the land in Guatemala you purchased, we often don't really get comps or valuations for land underneath tower sites. So it'd be great just to hear how you underwrote the deal, whether it was from a multiple perspective or an IRR perspective.”

“Your stabilized cash gross profit growth has been excellent all year. It's in 2025 and part of that I know is due to shrinking expenses.”

“Going back to your comment on the transaction front, you said the bid-ass spread might be too wide for some deals to cross the finish line. Was that comment in reference to the past few weeks and the volatility we've seen, or is that something you've observed over the course of the year?”

“On the $65 million of domestic new leasing activity this year: is that a sustainable pace going forward or is 2022 an outsized year? Also, regarding the Philippines, which MNOs will be tenants on your new builds?”