Tenancy ratio
Fundamental analysisThe average number of operators renting space on each telecom tower.
In plain terms
Each extra tenant adds high-margin rent to a mostly fixed-cost tower; losing one hurts margins quickly.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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