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American Tower Corp. filed a lawsuit last Friday against Air Advantage LLC of Frankenmuth, Michigan for not paying rent on 28 towers the company owns. Air Advantage, an internet provider for both wireless and fiber-based internet, executed the agreements between 2011 and 2013 that all used the same standard contract form and language that allowed a late payment fee to …
5G’s future could literally be full of hot air…and drones leads Fast Forward Friday articles
Article Media 5G’s Future Could Literally Be Full of Hot Air… And Drones LightReading Verizon competing with telecom company to replace Chico water tower Enterprise-Record New network for first responders raises concern among media The Washington Post FCC Chairman cautions India, says 5G can impact national security Inc42 Senators debut bill to boost broadband map accuracy MeriTalk Maine bill to …
TIRAP elects new leadership with American Tower’s Paul Roberts at the helm
The Wireless Infrastructure Association (WIA) announced that Paul Roberts, Vice President, Compliance, American Tower Corporation, was elected to serve as Chairperson of WIA’s Telecommunications Industry Registered Apprenticeship Program (TIRAP) Executive Board. A new slate of officers was also elected. Other newly elected officers include: Vice Chairperson, Beau Aero, President and Founder, GME Supply Co.; Chairperson Emeritus, David Sams, Vice President …
American Tower picks up 5,500 African market towers for $1.85 billion
American Tower Corporation today announced that it has entered into a definitive agreement to acquire Eaton Towers Holding Limited, which owns and operates approximately 5,500 communications sites across five African markets. As a result of the transaction, the company also expects to accelerate new build activity across the region due to expanded relationships with multiple key tenants. The total consideration …
Telecom tower and infrastructure veteran Dudley Norman passes at 85
Dudley Norman, 85, husband, father, friend and Vice President of Subcarrier Communications, passed away April 25 in Houston, Tex. Norman, a veteran of the US Marine Corp, was a leader in the telecommunications and tower industry. He was responsible for the acquisition of tower sites and the procurement of rooftop management contracts in the Southwest region. Norman possessed decades of …
Lack of towercos’ aviation compliance could result in 7,000 towers heading for the scrap yard
After three years of negotiations between the Nigeria Civil Aviation Authority (NCAA) and the Association of Licensed Telecommunications Operators of Nigeria (ALTON) to address annual tower owner certification concerns hit an impasse, the NCAA said it was going to exercise its authority and if within 30 days towercos didn’t obtain statutory Aviation Height Clearance (AHC) for all of their structures …
SBA breaks the prized $200 mark and Crown to break ground for a 13-story 420K square-foot headquarters
SBA Communications (SBA) made another record high today with its stock closing at $201.49, the first towerco of the big three ever to break the prized $200 plateau. The day’s range was from $199.87 to a record high of $201.99. American Tower closed at $196.22, Crown Castle at $128.51. SBA will be releasing its first quarter result on April 29. In …
Ugly cell sites can be rejected leads 20 Fast-Forward Friday news stories
Article Media San Francision can reject 5G equipment it views as too ugly Bloomberg SC school district’s cell phone tower program draws scrutiny FITSNews WIA’s Adelstein: 5G deployment faces a skills gap RCR Wireless News How a Trump admin ruling could hurt effort to improve data coverage in Syracuse’s poor areas Syracuse.com Deadline to adopt and publish small cell facility …
American Tower’s stock goes through the ceiling as Crown Castle and SBA reach record highs
American Tower Corp. (AMT) reached record high trades this morning of $187.80, shrugging off analyst Jim Cramer’s March 4 bearish outlook on the stock when it was $178.57. On March 11, ATC rewarded investors by hiking its dividend to 90 cents. Eight executives had planned stock sales on March 10 at a price of $181.61 per share, with the largest …
Rescue crews still searching for victims following 23 tornado deaths
Rescue crews are still searching this morning for victims underneath smashed homes, trees and other debris caused by a tornado that ripped through Alabama Sunday afternoon, overwhelming the Lee County coroner’s office. Lee County Sheriff Jay Jones says crews with dogs and drones have combed over the hardest-hit areas, but there are many other areas that they still have not …
Contractor survey uncovers some startling financial statistics that could trigger a 5G train wreck
In their drive to lower capex as they roll out 5G, carriers have created a troubling national Achille’s heel – a contractor base that has many companies swimming in debt with serious cash flow problems, according to results of an extensive nationwide survey taken by Wireless Estimator. The wireless contractor survey that was completed last quarter by 263 vetted companies, clearly indicates that …
Comments on contractor roadblocks set up by carriers that will derail America’s 5G race
Deeply concerned about the unsustainable state of wireless contracting, company executives provided 328 optional comments in Wireless Estimator’s extensive survey that was unveiled today. Armed with anonymity, it’s not possible to verify the accuracy of their statements. But it’s clear that their comments, in most cases, were well-thought-out summaries of the difficulties they are facing as carrier capex cuts, extended …
Carriers either ignore or are unaware of contractors’ higher than average truck roll expenses
Wireless contractors can’t be profitable with the hourly rates set by carriers and turfing contractors in many markets or the rates that they have to use to successfully win a bid, according to company executives who registered their concerns in an extensive nation-wide survey taken by Wireless Estimator that will be released this week. “They treat us like we’re a …
Services set for Feb. 2, 2019 for American Tower founder Steven Dodge
UPDATE: January 28, 2019 – Services have been announced for American Tower founder Steven Dodge who passed away Jan. 17, 2019 following a bicycle accident. Dodge is survived by wife of 44 years Anne Dodge (Bonita Springs, FL), sons Tom Dodge (Manchester, MA), Ben Dodge (Cohasset, MA), daughter Kristen Dodge (Kinderhook, NY), five grandchildren, and brothers Lowell Dodge (Boulder, CO), …
Starting his career in the 60s, Richard Heisler passes away at age 73 in Texas
Long-time industry professional, Richard ‘Dick’ Heisler, 73, passed away in Dallas, Tex. on Jan. 19, 2019. Dick was employed in telecommunications his entire life. He worked with Advanced Industries out of Sioux City, IA in the 60s, and owned and operated Iowa Tower Erection in the 70s. Heisler managed the Coast to Coast Microwave system buildout for MCI in the …
National Wireless Safety Alliance announces Board of Governors leadership appointments
The National Wireless Safety Alliance (NWSA) has announced that Jim Coleman, National Tower Safety Manager at AT&T, and Paul Roberts, Vice President of Compliance at American Tower Corporation, have been appointed to serve as Chairman and Vice Chairman respectively, of the organization’s Board of Governors. NWSA also announced that J. John Barker, Partner of Barker MacEntee PLLC, Richard Cullum, Director of …
Mobile infrastructure industry pioneers honored at WIA Hall of Fame ceremony
Five titans of technology were honored last night in Washington by the Wireless Infrastructure Association during its inaugural Mobile Infrastructure Industry Hall of Fame ceremony. The ceremony honored trailblazers who have shaped the wireless infrastructure landscape. Federal Communications Commission Chairman Ajit Pai delivered opening remarks. The five inductees were Neville R. Ray, Executive Vice President and Chief Technology Officer of T-Mobile; Steven E. Bernstein, founder …
Tata exits 30,000 American Tower leases for a payment of $320 million
Tata Teleservices is settling with American Tower for $320 million following its early exit from 30,000 tower leases in India after it sold its mobility business to Bharti Airtel. The sale paves the way for the Tata group to close its agreement with Bharti Airtel which required that the conglomerate would need to clear all liabilities from earlier agreements. The telco entered …
American Tower’s TV Azteca loan lawsuit is settled with a $92 million agreement
Mexico’s TV Azteca said on Tuesday that it had paid American Tower what it owed for a $92 million loan plus interest, resolving a bitter dispute that ended in a lawsuit and clouded the company’s credit profile. As part of the agreement, TV Azteca paid $53 million in cash plus interest to American Tower, the company said in its Q3 report. The …
Industry’s first-ever influential contractor survey’s deadline is October 10
Make your company’s concerns count As wireless contractors are acutely aware, contractor firms in the industry have experienced trends that have seen payment terms go from 30 days to 60 days, and now are settling in at 90 to 120 days, placing an undue financial burden on contractor companies. It’s not whether these terms could potentially compromise safety and hinder …
