ExteNet Systems is the portfolio through which Colony Capital gets exposure to small cells and distributed antenna systems (DAS). Indeed, ExteNet owns 33.1k small cell & DAS nodes, 420 networks, and 3.6k fiber route miles.
ExteNet Systems had a strong start to 2020, with in Q1 2020 being robust. However, the company’s business was negatively impacted in Q2 2020 and Q3 2020. Finally, ExteNet had a tremendous Q4 2020, building more nodes in a single quarter than in any other quarter in the company’s history.