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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 …
Puech picked to succeed Hess in American Tower executive leadership change
American Tower Corp. today announced changes to its senior management team. William H. Hess intends to step down from his position as Executive Vice President, International Operations and President, Latin America and EMEA, effective October 1, 2018. Olivier Puech, who has been with American Tower for approximately five years, will succeed Hess in the role of Executive Vice President and …
Hurricane Florence’s ‘ground zero’ cell tower starts to be battered by storm’s outer rain bands
There was no collective sigh of relief from wireless infrastructure technicians and management as Hurricane Florence was downgraded from a Category 4 to a Category 2 storm early this morning. Instead, news that the storm has widened and may stay over the coast of the Carolinas for a longer period of time, causing extensive flooding and cell site fuel resupply …
Firefighters secure the safety of 20 towers in Holy Fire flareup
When the Holy Fire in the Santa Ana mountains in California was contained on Sunday, tower owners gave out a collective sigh of relief. However, yesterday morning the Cleveland National Forest reported new activity around 10 a.m. as flames were heading towards Santiago Peak, home to approximately 20 communication towers. However, crews battled the unexpected flareup using air tankers and …
Verizon’s ‘Bubba’ remark angering community is first in dozens of Fast-Forward Friday articles
Fast-Forward Friday is Wireless Estimator’s latest news offering that provides an overview of relevant industry news stories presented during the week by other media that were not covered by our staff, along with a link to the article to go upstream and read it in its entirety. After all, the articles’ authors did all the heavy lifting, and capsuling their content and …
Nation takes a deep dive into contractor obstacles threatening 5G with industry supported survey
Wireless contractors have recently raised the distinct possibility that due to what they identify as ‘onerous’ payment terms and other issues created by carriers and tower owners, the industry could see a shakeout, and all of the recent successful legislative moves to speed up the implementation of 5G in America could be stymied as cash flow problems keep contractors from …
Vondran given reins after Marshall’s nine-year successful reign as American Tower’s U.S. tower chief
American Tower Corp. (ATC) today announced changes to its U.S. Tower senior management team. The company said in a press release that Steven Marshall intends to step down from his position as Executive Vice President and President, U.S. Tower Division, effective August 1, 2018. Steve Vondran, who has been with ATC for approximately 18 years, will succeed Marshall in this …
Crown’s Q2 is all good news; ATC and SBA show some weaknesses
The nation’s big three publicly traded tower companies have released second quarter earnings this month and spent time with analysts on their calls, highlighting marked improvement in some areas and offering encouragement of what they believe will be increased revenues as 5G is rolled out. There were also some less than encouraging summaries within their reports, but the Street shrugged them …
Vertical Bridge’s collection chances increase with iHeartMedia bankruptcy court action
Vertical Bridge, one of bankrupt iHeartMedia’s largest unsecured creditors, might have a better chance at securing its past due lease revenues following a filing from iHeartMedia’s unsecured creditors to a Texas bankruptcy judge on Monday that could affect the media giant’s creditors’ Chapter 11 recoveries. The committee of unsecured creditors want to prosecute and settle claims based upon allegations that many …
AT&T takes American Tower to court in widening lease rates rift
In a lawsuit made public on Monday by AT&T Mobility LLC in Delaware Chancery Court, the carrier is alleging that American Towers LLC is not complying with amendments to leasing agreements for many thousands of towers that AT&T co-locates upon. In the complaint, AT&T is requesting the court to enforce what it believes is a binding agreement, that ATC disagrees …
With stark differences after 20 years, another powerful towerco will start trading
American Tower, the first major U.S. towerco to go public on July 8, 1998, will have a 20-year head start on China Tower when the world’s largest tower owner starts trading next month on the Hong Kong Stock Exchange, but down the road China Tower could become a serious competitor. Other than sharing the same IPO month, an average 5-year lease term and …
Politics and alleged propriety software theft unveiled in lawsuit against American Tower
A small Massachusetts software developer is alleging that through their proprietary analytical tools they identified in proof of concept testing that ATC’s Brazilian subsidiary (ATB) was missing the opportunity to capture millions of dollars’ worth of additional annual cash flow, and according to a complaint filed in Massachusetts U.S. District Court by CellInfo, they said they also found “safety shortcomings, …
Towerco financial support of wireless workers accelerates with a ‘buck a tower’ sponsors
The Tower Family Foundation (TTF), a 501c-3 non-profit, today recognized the updated support of tower owner/vertical solutions provider companies who are donors to the organization’s “$1 Per Tower” fundraising campaign with towercos Cellcom, Performance Development Group, Ltd. and Vogue Towers joining the inaugural list of donor firms participating in the capital campaign. The “$1 Per Tower” effort involves firms who …
ATC misjudges industry pushback and pulls back onerous contractor amendment
In a measure to prevent other towercos from building sites near their structures, and obtain some of their tenants with more favorable lease rates, American Tower Corp. informed their contractors late last month that if they assisted in the construction of a macro tower site within one-half mile of one of their existing towers they would be dropped from their …
Verizon exploring legal action against ATC in using contractors as hostages
American Tower Corp.’s demand letter to contractors stating that if they assist in the building of a macro tower site within one-half mile of one of their existing towers that they will no longer be able to do any work for ATC, and possibly be excluded from working for other carriers on an ATC site, has raised the ire of Verizon …
American Tower to competition’s contractors: Our way or the highway
To lower carrier lease rates, AT&T, Verizon and Tillman Infrastructure last year announced a joint agreement to build hundreds of cell towers, some for new macro builds, others for “build-to-relo”. The major towercos quickly and cavalierly dismissed their efforts as non-hazardous to their business model’s health. But last week American Tower Corp. let it be known that they are concerned and …
‘Un-towerco’ says there will be some pain with a T-Mobile/Sprint merger
If the marriage of Sprint and T-Mobile is approved by regulators, the majority opinion of towerco executives at Connect (X) in Charlotte, N.C. last week was that business would still be robust. Jay Brown, President and CEO of Crown Castle, said during the View From the Top presentation, “It will almost be irrelevant how many carriers we have.” He said …
Bet on the Sprint/T-Mobile mega merger wounding towercos
If the proposed T-Mobile and Sprint merger announced Sunday is approved by federal regulators, both companies said that they expect the marriage creating the nation’s second largest carrier would be sometime in July 2019. However, it’s been identified by the carriers that fully combining the companies is another three to four years, possibly longer. Displaying their lack of fundamental industry …
T-Mobile and Sprint agree to merge creating severe competition for rival AT&T
After years of negotiations, T-Mobile and Sprint announced today that they have finally agreed to tie the knot and will merge in an all-stock transaction of 9.75 Sprint shares for each T-Mobile US share. Based upon Friday’s closing share prices this represents a value of approximately $59 billion for Sprint and approximately $146 billion for the combined company. The new company will …
India tower deal drops American Tower to the world’s third largest towerco
India’s Bharti Infratel Ltd has agreed to merge with Indus Towers, in a deal that creates the world’s second largest telecom tower company, a title that American Tower formerly held. The new company with more than 163,000 towers has an estimated equity value of $14.6 billion Indus Towers’s tower total lags considerably behind the world’s largest tower owner, China Tower …
Bonuses for American Tower execs are a far cry from bread crumbs
When companies started handing out bonuses of $1,000 or more to workers in January as a result of the GOP tax bill, House Democratic leader Nancy Pelosi said they received “crumbs”. Pelosi was not impressed. “In terms of the bonus that corporate America received versus the crumbs that they are giving to workers to kind of put the schmooze on …
Smart Fusion Poles to alleviate capacity challenges in California
American Tower Corp. and Philips Lighting have announced that the City of Huntington Beach, CA will provide high capacity mobile connectivity, high quality LED lighting and smart city enablement with the newly developed Smart Fusion Poles. Designed to meet capacity challenges in dense, busy areas in the U.S., the Smart Fusion Pole provides the infrastructure necessary for wireless broadband connectivity in an aesthetically …
American Tower and SBA paint a rosy picture for 2018
American Tower Corp (ATC) and SBA Communications (SBA) informed analysts during their earnings calls this week that higher build levels and increased carrier capex are expected in 2018, supporting above average industry growth. “First, we anticipate that our core U.S. tower market will enjoy strong tenant demand in 2018 and beyond,” said ATC CEO James Taiclet, Jr. yesterday. “Based on …
Aircel’s bankruptcy will cut into American Tower’s revenues
India-based carrier Aircel will file for bankruptcy, according to a report in The Economic Times. The telco, which has a debt of $184 million, has dissolved its board of directors. Aircel, owned by Malaysian company Maxis, has been in debt since its failed merger with Reliance Communications’ wireless business. The merger had failed due to regulatory hurdles and the Supreme Court preventing the sale …
Industry movers and shakers to serve on National Wireless Safety Alliance Board
The National Wireless Safety Alliance (NWSA) announced today that Bernard Borghei, Executive Vice President – Operations and Co-Founder of Vertical Bridge, Doug Dickinson, Western Region Environmental Health & Safety Manager at Ericsson; Bruce Eades, President of USA Telecom Insurance Services; Pat Moore, Field Service Specialist at Stainless; Paul Roberts, Vice President of Compliance for American Tower Corporation; Jose Tarafa, Corporate …
American Tower could take over the Philippines as sole towerco
A new tower siting policy in the Philippines to free telecommunications companies from costly capital expenditures in constructing communication towers and eventually reduce the cost of their services is being rolled out by President Rodrigo Duterte’s administration. Under the controversial “common tower” policy, telecommunications companies will no longer be allowed to build communication towers or cell sites, but instead must …
Weekend Kansas fatality is nation’s 7th industry death in 2017
January 3, 2018 – UPDATE: Authorities have released a statement that Clayton Donnell Barnhill of Grayson, La., was working on a communications tower fell approximately 320 feet to the ground from a 420-foot guyed tower. Based on reports by the Trego County Sheriff’s Office, a coworker on the tower with the deceased heard the deceased “click” his safety harness on, then …
American Tower picks up 20,000 towers in India for $1.2 billion
American Tower Corp.’s Indian subsidiary is buying approximately 20,000 communications towers from Vodafone India Ltd. and Idea Cellular Ltd. for $1.2 billion. ATC Telecom Infrastructure Private Ltd. is buying the sites and expects to generate roughly $320 million in property revenue from the assets during the first full year of ownership, American Tower said today. In both deals, the companies …
AT&T and Verizon threaten the big three towercos with a new Tillman 200 tower scheme
In a move clearly positioned as a threat to major tower owners to lower their lease rates, AT&T, Verizon and Tillman Infrastructure announced a joint agreement today to build hundreds of cell towers, with the potential for significantly more new site locations in the future. Last year during an investors conference, Bill Hogg, AT&T’s president of technology operations, said that …
Towercos headed for some stiff competition with formation of Lendlease Towers
When Lendlease recently entered the U.S. tower market in May with its purchase of Parallel Infrastructure’s 450 towers, it is likely that major tower operators viewed the acquisition as a missed opportunity and another competitive thorn in their rosy future, and possibly shrugged off Lendlease Americas CEO Denis Hickey’s statement that he would expand those holdings. True to his promise, …
Tata closing its doors will take a nice chunk out of American Tower’s income
In response to press reports that Tata Group is going to close down its India-based Tata Teleservices Ltd. (TTL), American Tower Corporation (ATC) today announced that the carrier accounted for approximately $80 million, or 5% of the REIT’s consolidated property revenues, including approximately $32 million of pass-through revenue. In addition, TTL accounted for approximately $40 million in gross margin for …
Towercos use the power of the plug and courts to get lease bills paid
While the Empire State Building Realty Trust (ESRT) used the New York Supreme Court this week to win its lawsuit against radio station Pacifica WBAL for unpaid tower rent of $1.8 million plus attorney’s fees, towercos in India owed millions of dollars by Reliance Communications are cutting the carrier’s power to force them to ante up unpaid lease payments that …
American Tower manager Leifer to head Society of Broadcast Engineers
The Society of Broadcast Engineers, the association for broadcast and multimedia technology professionals, announced the results of the 2017 election for the national board of Directors. Jim Leifer, CPBE, was elected as the society’s president. Leifer is senior manager of broadcast operations at American Tower Corporation, Andover, Mass. Regarding the election, Leifer said, “I look forward to serving the Society …
Crown Castle makes a $7 billion bet on going horizontal with Lightower
Crown Castle International Corp had reportedly made an offer to acquire Lightower Fiber Networks for more than $7 billion, including debt, according to Reuters. Another company courting an acquisition of Lightower was Uniti Group Inc., Reuters said. Formed by Berkshire Partners, Lightower’s network extends over 33,000 route miles throughout the Northeast, Mid-Atlantic, and Midwest, providing dense connectivity to over 22,000 service …
Tech’s condition is stable after he allegedly rode guy wire down from an ATC Texas tower
Update: July 11, 2017 – According to reliable sources, the company that the injured worker was employed by was Advanced Data Technology of Pearsall, Tex. Established in 1995, Advanced Data is a systems integrator of voice, data, and video solutions in rural markets. The company did not respond to a request for additional information regarding the incident. The injured technician has …
American Tower’s CEO says revenues to fly by its U.S. incomes
American Tower Corp. expects its international revenue to top its U.S. sales in three to seven years as the company expands into Asia and Europe through acquisitions, according to CEO James Taiclet. “We would like to deepen our position in the anchor markets and then enter the adjacent markets,” Taiclet said in an interview with Bloomberg. “We want to create …
SBA chief takes a payday; Crown takes new Florida office space
SBA Communications CEO Jeffrey Stoops recently sold 94,289 shares of SBA stock at an average price of $133.76 for a total value of $12,612,096. However, the chief executive is still hanging on to 329,124 shares of the company’s stock, valued at approximately $44 million. The company’s shares hit an all-time high on June 2, closing at $138.69. The all-time low …
FCC investigating unlawful transactions after contractor takes ownership of 40-plus towers
A Wisconsin wireless contractor discovered a flaw in the FCC’s Antenna Structure Registration (ASR) database, and changed the ownership of more than 40 towers from multiple carriers and tower owners into his company’s name during the past five months without the rightful owners being notified by the agency, according to FCC documents and sources knowledgeable of the illegal transfers. Sprint, …
Steven Marshall elected Chairman of Wireless Infrastructure Association
The Wireless Infrastructure Association (WIA) today announced that Steven Marshall, Executive Vice President and President of the U.S. Tower Division at American Tower Corp., was elected to serve as Chairman of the WIA’s Board of Directors. Marshall has served on the WIA Board of Directors since 2010 and brings a depth of industry experience and business leadership to WIA. He …
American Tower cracks the mighty ‘500’; Crown Castle is catching up
Fortune has debuted their 2017 Fortune 500 List, described as the ultimate testament to a company’s success, and American Tower went from an aspiring vertical realtor at position No. 526 last year to breaking into the exclusive club in 2017 to position No. 449 with revenues of $5.8 billion. Crown Castle International, the only other industry candidate vying to join …
Crown inks lease for new 56K sq. ft. Alpharetta, Georgia office
Crown Castle has signed a 55,622 square-foot lease at 8000 Avalon, a 224,000 square-foot office development that was completed last month in Alpharetta, Ga. It is expected that they will move their current Alpharetta operations, less than three miles from 8000 Avalon, in November to the new high rise office building. The 86-acre complex offers almost a half-million square feet …
Broadband investment heads south, 5G Michigan trials soar successfully
Samsung, Cisco deliver multivendor end-to-end 5G trial with Verizon Samsung Electronics America, Inc. and Cisco, in partnership with Verizon, today announced the successful deployment of the first multi-vendor end-to-end 5G trial network in the field, which took place in Ann Arbor, a suburb of metropolitan Detroit, Mich. Earlier this year, Verizon announced plans for customer trials of 5G technology for …
Crane collapse takes the life of a 51-year-old Texas industry worker
Update: April 26, 2017 – The cell tower compound that RMCI’s crane toppled into is owned by Crown Castle International. April 25, 2017 – A 51-year-old industry worker was killed yesterday afternoon when a crane tipped on its side in downtown Dallas, Tex., crashing into a cell tower compound in the 1700 block of Arts Place, according to Dallas Fire-Rescue …
American Tower pulls out of Florida’s corporate row, affecting 56 employees
American Tower Corporation (ATC) will be closing its office in Boca Raton, Fla. at 750 Park of Commerce Blvd., and laying off many of their 56 employees, according to a Florida worker adjustment and retraining notice dated March 1. Terminations are scheduled to begin on May 1. The office is located within a stone’s throw of Digital Bridge’s headquarters and …
Broadcaster taunts American Tower who could easily pull the plug on its stations
UPDATE: March 10, 2017 – A Jackson Hole, Wyo. Broadcaster most likely doesn’t agree with the cautionary idiom of not biting the hand that feeds you. Radio stations KMTN, KZ95, KJAX and KID broadcast from American Tower’s towers and the stations’ owner was given until March 8 to either pay ATC over $500,000 it owed in back lease payments or negotiate a …
DAS debuts at University of Iowa as ATC’s lawsuit still dawdles in court
U.S. Cellular announced on Wednesday that it has completed its DAS network at the University of Iowa Carver-Hawkeye Arena and Kinnick Stadium, much to the chagrin of American Tower Corp. (ATC) who is suing the university and its Board of Regents after they yanked a 2013 contract that ATC says is still in effect. “The new network system supports a …
Judge: American Tower can’t evict tenant owing over $500,000
A U.S. bankruptcy court judge in Utah has ruled that American Tower Corporation (ATC) cannot kick its tenant off of a number of their towers until March 8, 2017 if ATC and Rich Broadcasting Idaho, LLC (RB) do not reach an agreement on amended or new leases – an action that is highly unlikely. According to court documents, RB owns radio …
Bankrupt Limitless Mobile wants to reject 140 cell tower leases; creditors cry foul
UPDATE: January 27, 2017 – The bankruptcy court has agreed to a revised motion to reject the leases of Limitless Mobile. It stated, “For each Lease, any Tower Equipment remaining on or at the Tower or the associated premises is hereby deemed abandoned pursuant to section 554 of the Bankruptcy Code, effective January 30, 2017.” Tower owners can now remove …
ATC picks up 66 towers while CTI Towers picks up 125 new sites
American Tower Corporation (ATC) has purchased 66 towers from Brazil’s TIM Cellular S.A., and CTI Towers, Inc. has acquired the marketing rights to 125 commercial properties. ATC paid $8 million for the 66 towers as part of a continuing deal that began in 2014 when TIM said it would sell up to 6,481 towers. Currently, 5,753 towers have been sold. …
Canadian investment group agrees to pony up $1.6 billion for 43,000 towers in India
India’s Reliance Communications (RCOM) has sold its tower business to Canadian private investment firm Brookfield Infrastructure Partners for $1.6 billion. The deal was announced in October. RCOM and Reliance Jio, the telecom arm of Reliance Industries Ltd, will continue as major long-term tenants of the new tower company, along with other existing carriers on the 43,000 towers. In addition to …
FPS says oui to American Tower’s $726 million offer for 2,400 towers
American Tower Corporation and Dutch pension fund manager PGGM today announced their entry into a definitive agreement to acquire FPS Towers, which owns and operates approximately 2,400 wireless tower sites across France, through their previously announced joint venture, ATC Europe. The price was set at approximately $726 million. FPS, founded in 2012 when it acquired the towers of Bouygues Telecom, …
Eco-Site appoints former American Tower exec to lead site development/operations
Eco-Site, Inc. (www.eco-site.com), a North Carolina-based wireless tower and densification solutions company, announced the appointment of Scott Lewis to the position of senior vice president, site development and operations. Lewis brings more than 15 years of wireless infrastructure experience in his new role, most recently leading network engineering and deployment for American Tower. Lewis is responsible for creating a single, …
American Tower CFO: T-Mobile, Sprint merger would strengthen the tower industry
If the big four carriers morphed into three majors through an acquisition, American Tower EVP/CFO Tom Bartlett believes that no matter how it all shakes out, “it’s all good for the tower industry and our business, in particular, here in the United States.” Bartlett was interviewed by Batya Levi yesterday at the UBS Global Media and Communications Conference in Manhattan, …
Limitless Mobile’s bankruptcy hits contractors, towercos and suppliers
At the end of November, Limitless Mobile’s subscribers in central Pennsylvania knew something was amiss when their cell service was cut off, and if they went to the Susquehanna Valley Mall in Selinsgrove this past weekend they would have been greeted with an empty store with a note on the security gate that said the store had been closed and …
American Tower reacts to Sprint and T-Mobile merger rumors
Update: Nov. 14, 2016 – SBA Communications Corp. provided an update to its exposure to both companies in a Securities and Exchange Commission filing. In the papers, SBA said that as of the end of Q3, T-Mobile and Sprint each represented around 16% of its total site leasing revenue. Revenue generated from each of T-Mobile and Sprint overlapping sites represents …
American Tower enters Argentina with an undisclosed assets buy
According to a Securities and Exchange Commission filing on Nov. 9, 2016, American Tower Corporation entered into an agreement to acquire a portfolio of urban telecommunications assets in Argentina, including wireless sites, equipment and fiber assets located on utility infrastructure as well as a number of indoor wireless sites. The Company expects to commence its business in Argentina with this …
American Tower registers its unease about ‘complicated’ towers, U.S. and Canadian crews
American Tower Corporation (ATC) informed the FCC on Monday that their phased approach to transition TV stations to new channels, with an ambitious completion deadline of 39 months, should take into consideration same phase tower assignments, complicated sites, the availability of tower crews, and the assumption that Canadian crews may not be available to assist in the repacking efforts following the spectrum …
Investors shrug off Fool’s American Tower ‘big risk’ report
Last Wednesday, an article in The Motley Fool cautioned investors about a proposed Financial Accounting Standards Board (FASB) change that would be a huge risk to American Tower’s business model, and the author implored the nation’s second largest tower owner to take immediate steps to alert Wall Street as to how they were going to address that concern. As of …
RCom to sell majority ownership of 43,000 towers to Canadian-based Brookfield
India-based Reliance Communications (RCom) has signed an agreement with Canada’s Brookfield Infrastructure group to sell a 54% stake in the company’s tower unit comprised of 43,400 towers for $1.65 billion. American Tower Corporation reportedly had been looking to also acquire RCom’s portfolio. The remaining 49% will be owned by RCom which will continue to be an anchor tenant on the structures. …
The sky doesn’t appear to be ready to fall upon tower company stocks anytime soon
Almost four months ago, a well-respected telecom financial analyst downgraded the public tower companies, later citing that she believed that a couple of the major carriers may be trying to bypass the major towercos – or at least presenting that posture so that they could control rising rent escalators. In a March 4 statement, Wells Fargo senior analyst Jennifer Fritzsche …
Questionable generator footprint could cost American Tower up to $140,000
A real estate investor bought a Roanoke, Va. property last May that had American Tower Corporation enjoying a small leased portion of the 2613 Franklin Rd. site for a multi-tenant tower, but after Farrell Properties, Limited reviewed the lease documents, they’re claiming that ATC had encroached upon land outside of their leased area and put in a generator, and they …
Top U.S. towercos eyeing Deutsche Telekom’s towers in Germany
As America gets ready to celebrate Independence Day on Monday, considered by some to be the original Brexit, Deutsche Telekom is prepping the sale of thousands of its German towers in a potential $5.5 billion deal. Goldman Sachs and Morgan Stanly are organizing the sale of the structures. SBA Communications, American Tower and Crown Castle are on the invite list, according to …
Rescued tech is in a two-week coma as his employer and OSHA wait to see if it is work-related
UPDATE: June 2, 2016 – OSHA said today that they have thoroughly reviewed the incident that resulted in a 38-year-old Tennessee tower technician lapsing into a prolonged coma after being rescued two weeks ago off of a cell tower in Bethany, Mo., and have closed their investigation after finding that the incident was not work-related. OSHA Kansas City, Mo. Area …
OSHA is readying new RF, fall protection and hoist standards
Although the Occupational Safety and Health Administration (OSHA) had known that fall protection in the wireless construction industry has either been used improperly or inconsistently due to the high fatality rate of tower climbers, after analyzing the responses to their 38 questions on tower safety published last April, the agency has decided that it will be moving forward with revising their standards …
A Pope and carrier exec quote highlight cell phones and mobile/spiritual networks
The rote quote of the week comes from a British carrier executive who finds that cell site permitting is too tough in the UK, while the Pope quote of the week told teens that life without Jesus is like a smartphone without bars. British carrier Arqiva’s director of M2M, Nicolas Ott, said in an interview, that “In rural areas we …
Wireless industry tackles needed improvements for failing safety climb systems
Officials from the Telecommunications Industry Registered Apprenticeship Program (TIRAP), which aims to promote worker safety, quality and efficiency within the wireless infrastructure industry, gathered representatives from wireless carriers, tower companies and safety climb system equipment manufacturers to hold a Safety Equipment Manufacturers Summit to maximize the critical role safety climb equipment plays in protecting climbers. The purpose of the gathering …
For ATC India it’s 56,000 towers and corporate responsibility projects
American Tower Corporation received approval from the Indian government yesterday to buy a 51% interest in Viom Networks, an independent mobile tower company in India, for $880 million. Establishing its presence in India in 2007, ATC India has approximately 14,000 towers in the country, but with the Viom deal it will take control of an additional 42,000 towers, putting its …
One company fined for not getting a small cell permit, another for not permitting inspectors
A cell site developer was fined $5,000 last month for constructing what appears to be a small cell without a permit, according to a citation document issued by the City of Baltimore, Md., and a Philadelphia, Pa. broadcaster was given an $89,200 fine for not allowing FCC agents on site to perform an inspection, and for being on a different …
Guyed tower collapses on White House lawn hurling lighting debris into President’s office
Washington’s federal buildings are still on lock down after a communications tower collapsed on the south lawn of the White House at about 8:12 a.m., according to Reuters White House correspondent Jeff Mason who witnessed the guyed tower “teeter for about a minute, buckle and then twist like a drunken dreidel before it smashed to the ground.” Capitol Police and Secret …
Botched Georgia base jump takes the life of a Hawaii man
According to authorities, one BASE jumper has died and two of his associates have been arrested following a jump from a television tower in Metcalf, Ga. Lieutenant Tim Watkins of the Thomas County Sheriff’s Office said that emergency personnel were dispatched to Friendship Church Rd. at the site of the tower around 3:30 a.m. yesterday morning. The Sheriff’s Office said …
Popular analyst’s tower sector downgrade will be tested in coming weeks
Commentary It almost appears that journalists have keyboard reader software on Wells Fargo analyst Jennifer Fritzsche’s computer since as soon as she writes something – even a knee-jerk observation – it instantly appears in the media as unchallenged sacred telecom guidance. So it was no surprise when Fritzsche downgraded the tower sector on Friday that it would be picked up …
American Tower’s CEO isn’t struggling after not receiving a raise in many years
James D. Taiclet, Jr., Chairman of the Board and CEO of American Tower Corp. (ATC), hasn’t received a raise again with his $1.1 million salary for 2016, but it is likely he is not complaining since his compensation committee takes care of him with handsome perks – and perhaps, rightfully so. Although his salary hasn’t increased in at least three years, …
A bright future predicted for wireless work by leading industry experts at NATE UNITE 2016
As three leading industry experts gazed into their crystal balls Tuesday during their NATE UNITE 2016 presentation, “The Future of the Wireless Industry,” their consensus indicated a robust build program that could last for more than a decade. However, Clayton Funk of Media Venture Partners, Christopher Fisher, Cuddy & Feder LLP; and Robert Paige, Vertical Bridge, cautioned National Association of …
Fall protection equipment malfunctions result in serious injuries for Texas climber
A 26-year-old tower climber is expected to be in intensive care for another ten days after he fell from a guyed tower in Rosenberg, Tex. when his personal fall protection equipment failed after he slipped from a brace on a climbing face as he was descending after a day’s work on an LTE project for AT&T. Wesley Scott, who had …
Tech is asking for $75,000-plus after being struck by an angle adapter
Update: Feb. 3, 2016 – The angle adapter referenced yesterday in a lawsuit brought by a Virginia Beach, Va. Tower tech that is suing American Tower Corporation after he was struck by it after it allegedly fell from the structure, was a “cable safety boot attached to an angle adapter with bolt that wasn’t attached to [the] tower properly,” according to …
Sprint provides a sound thrashing to Re/code for their scoop that duped journalists, tanking stocks
Sprint: Towercos have nothing to worry about – for now At two conference calls this morning, Sprint said that an article by tech website Re/code on Jan. 15, 2016, was not accurate, and Sprint CEO Marcelo Claure, during a media call, said the misinformation regarding a Sprint radical network overhaul “caused a lot of damage”. Re/code had claimed, according to …
Sprint should have a sanity check before it commits ‘Network Suicide’ with its pole plans
By Iain Gillott – Commentary Much has been written and speculated in the last week about Sprint’s network plans after the publication of a Re/Code article and the plan to significantly cut network expenses. Aside from the resulting pressure on the stocks of several wireless companies, including Sprint’s, it also appears that the article has caused Sprint to move up …
Report of Sprint dumping its tower companies is slowly being debunked as industry stocks nose-dive
After the media threw Sprint, American Tower, Crown Castle and SBA Communications under the bus during the past five days by republishing unsubstantiated statements that appeared on a tech website, without adding research of their own, editors are starting to reassess their ‘need to be first’ news blast that resulted in all four companies’ stocks tanking Friday. Sprint suffered the most …
Misleading Re/code Sprint story is long on conjecture, short on facts
Facts that would have made better reading and more sense By Ken Schmidt After reading Wireless Estimator’s article, “Towercos tank after radical unconfirmed report of government competition,” and seeing the original article from Re/code on Friday, I felt compelled to respond. It seemed reckless to me that a website like Re/code could publish an unconfirmed report, have it copied by …
Towercos tank after radical unconfirmed report of government competition
Report seen as ‘nonsense’ by siting professionals UPDATE, Jan. 19, 2016 – Deep diving industry expert Ken Schmidt has provided a detailed analysis of why Re/code’s “improper deductive reasoning” in their article doesn’t dovetail with available information regarding Sprint’s Next Generation Network. The story, published on Jan. 15, 2016, claimed that Sprint would be relocating its cell sites from American Tower Corporation …
Wireless workforce and supplier requirements for 2016 continue to be mostly upbeat
To project whether 2016 will be a banner, bust or somewhere-in-between year for wireless construction, and service and supplier providers, one has to simply search for the devil or angel that’s always in the details. Unfortunately, conflicting details and limited industry information clouds accurate projections. But the industry overall appears to be still creating jobs and there should be a robust …
Slim’s Telesites towerco spinoff is off to a rocky start
Telesites SAB, a spinoff from Carlos Slim’s America Movil SAB, has a majority of analysts recommending selling the shares. The wireless-tower company started trading in Mexico this week and after its debut on Monday when there appeared to be market interest, it proceeded to drop yesterday 2.9 percent to 11.99 pesos ($.70). Mexico City-based Telesites, created to manage the operator’s …
Mt. Wilson’s iconic Poole complex acquired by InSite Towers
A deal to buy the multi-tower Poole Tower complex on Mount Wilson in California that was expected to be close to being inked in April, according to a report in Wireless Estimator, took another seven months, but finally closed last week, according to Media Services Group’s Bob Heymann, Jr. who served as the broker for Poole Properties, in announcing the …
New York subway system’s DAS expansion welcomed in troubling times
With New York City going to high alert in response to the release of a new ISIS video that sets Times Square in the terror group’s bombing or chemical-warfare sight, New York Governor Andrew M. Cuomo’s announcement last Thursday that the Metropolitan Transportation Authority and Transit Wireless have launched the Phase 4 expansion of wireless, public safety and Wi-Fi services …
Lack of tower crews and antenna manufacturers cited as reasons to revisit repacking deadline
The National Association of Broadcasters has asked the Federal Communications Commission to reconsider the 39-month repacking window following next year’s TV spectrum incentive auction. The trade group commissioned a study from Digital Tech Consulting. The study concluded that the Commission’s three-month window for filing for construction permits falls well short of the actual time needed to submit and process the …
One tower is surely not in step with American Tower’s upbeat Mexico outlook
American Tower Corp. CFO Tom Bartlett said during the company’s Q3 analysts’ conference call on Friday that Mexico had 90% wireless penetration, but only had 45% smart phone saturation. He also said that the growth potential was excellent since, “We believe, like Brazil, that the market needs twice the number of towers to support 4G over the long term.” He …
American Tower cautions investors that their MLA with AT&T isn’t expiring in 2016
In American Tower Corp.’s investors’ conference call this morning, EVP and CFO Tom Bartlett cautioned analysts that their master lease agreement (MLA) with AT&T was not expiring in 2016 when he was questioned by one caller regarding the expiration. Bartlett said he had seen that statement in some write-ups, but it wasn’t correct. In August, SVP and Treasurer Leah Stearns …
American Tower’s Viom deal puts their India tower count ahead of the U.S.
American Tower Corporation is paying $1.16 billion to buy a controlling stake in the Indian tower operator, Viom Networks. The deal, which was widely expected will see American Tower taking a 51 percent stake in the Indian firm, which currently owns and operates approximately 42,200 towers and 200 indoor distributed antenna systems across India. American Tower’s existing Indian portfolio of …
One towerco to own a mind-boggling 1.5 million towers in China in a $34 billion deal
Every large tower owner dreams of the day when they can boast that they’re the largest in the world. Those hopes were dashed yesterday with the announcement that the big three telecommunications operators in China have agreed upon an infrastructure-sharing joint venture, China Tower Corp. According to Barclays, the total tower count will be a staggering 1.5 million towers. The …
FCC Commissioner’s new tower builds is based on a hazy crystal ball
Commentary — Making subsidies more flexible and removing legal hurdles are two of several changes the Federal Communications Commission should make to advance wireless infrastructure development, FCC Commissioner Michael O’Rielly said Wednesday at the Competitive Carriers Association conference in Ft. Lauderdale, Fla. Another adjustment they should consider is providing their Commissioners with research that they’ve unearthed to provide direction rather than …
Repacking’s effect on tower site configurations to be discussed at BTS conference
The IEEE Broadcast Technology Society (BTS) announced that James Stenberg, broadcast account manager for American Tower Corporation, will lead a technical “TV Repack” session at the 2015 IEEE Broadcast Symposium on Friday, Oct. 16, at 8:30 a.m. Taking place Oct. 13-16 at the Caribe Royale Hotel in Orlando, Fla., the four-day symposium is an annual gathering of broadcast engineers from …
Michigan school board provides an easement for a three-tenant tower for $900,000
The Livonia, Mich. School Board has welcomed the opportunity for a revenue enhancement of $900,000 from American Tower Corp. for a perpetual easement for a three-tenant stadium lighting monopole site at Stevenson High School’s athletic field, and agreed to ink an agreement on Monday. According to an article in Home Town Life, Interim Superintendent Andrea Oquist said the $900,000 is …
Battery catcher in the rye bread truck and other wacky world events
Wireless industry news in America sometimes catches viewers off guard with weird events, but our nation doesn’t have exclusivity – especially in the past week. In Pretoria, South Africa, police arrested a 29-year-old man after he was found in possession of 12 Vodacom backup batteries. Although that’s becoming a frequent occurrence in the U.S., the vehicle he was transporting them …
American Tower topples an Oklahoma tower while its sole tenant was broadcasting
UPDATE: Sept. 25, 2015 – Dale Bolton, High Plains Public Radio’s director of programming and operations, said today that he has been informed that an American Tower Corporation representative had called another individual within his organization on Friday afternoon prior to taking the KGUY tower down the following morning for safety reasons. However, Bolton said,”They were unable to get to Guymon to …
Ski area communications plan delayed by AT&T and others says lawsuit counterclaim
American Tower Corporation has filed counterclaims against Aspen Skiiing in regards to a $21 million project to improve service for four ski areas in Colorado. Aspen Skiing filed a lawsuit in July against American to break the contract the businesses had entered into in 2014. According to an article in the Aspen Daily News, American Tower in a March letter …
Key analyst likes Crown Castle, but sees American Tower with less acquisition exposure
Morningstar analyst Michael Hodel has provided an excellent overview of the industry’s three publicly-traded companies, American Tower Corp., Crown Castle International, and SBA Communications. Whereas there are almost daily yawn-inducing recommendations from analysts, Hodel’s insight and extensive analysis is worth the read. Although Hodel has previously said that his favorite amongst the towercos is Crown Castle, because he thinks it …
India High Court: Use your landline if you don’t want cell towers installed
In a rather unorthodox response to a petition by residents alleging that a cell tower was being constructed in their neighborhood in violation of a local recommendations of an inter-ministerial committee, India’s Delhi High Court dismissed their plea and basically said that residents of Vasant Kunj should stop using their cell phones and revert back to using landlines, and then, …
Going beyond compliance standards and use of SAUCE could curtail tower-site accidents
Telecommunications Industry Registered Apprenticeship Program (TIRAP) board chairman Scott Kisting today urged members of the wireless infrastructure industry to watch a newly produced video aimed at strengthening workplace safety, enhancing workplace quality, and improving worker health and safety training. Initiated by TIRAP and produced by the Telecommunications Industry Association (TIA), the video released today, the first of a planned ongoing series, …
American Tower reportedly picking up an additional 41,000 towers in India
American Tower Corporation is reportedly ready to ink a deal to acquire a majority stake in Indian tower operator Viom Networks, which will expand it’s portfolio there by approximately 41,000 towers. If the agreement is signed, according to the Economic Times, it will be the largest tower acquisition ever made by a US-based tower consolidator. Viom has another 1,000 towers …
American Tower’s CEO unloads 47,000 shares and the 48-hour silly cycle begins
When a corporate insider such as an officer or director buys or sells their company’s publicly-traded stock they’re required to file a Form 4 with the Securities and Exchange Commission. American Tower Corporation Chairman, President and CEO James Taiclet did that yesterday when he sold 47,000 shares in a transaction that occurred the day before at a price of $100.99, …
New top 100 U.S. tower owners unveiled with some first-time players and loss of a key owner
Wireless Estimator released today its top 100 tower companies in the U.S. that identifies the same three top consolidators as in previous years, American Tower Corp., Crown Castle International and SBA Communications taking the lead. Although first place American Tower is slightly ahead of Crown in the Top 100 U.S. Tower Companies list by less than 200 towers, it is an …
Boca Raton, Florida is fast becoming the corporate hub of choice for tower owners
Thanks to early siting entrepreneurs Jeffrey Stoops and Marc Ganzi, Boca Raton, Fla. is fast becoming the hub for tower owners’ corporate offices as witnessed by numerous key players’ offices in a two mile stretch along and off of Congress Ave. SBA Communications CEO Stoops used to run his company from its corporate office off of Broken Sound Pkwy., almost within shouting …
National Wireless Safety Alliance’s Board selected to guide assessment and certification programs
The National Wireless Safety Alliance (NWSA) unveiled the organization’s inaugural Board of Governors roster today in an industry-wide announcement. The NWSA is a national non-profit assessment and certification organization that is under development to provide thorough, independent assessments of knowledge and skills and provide verifiable worker certification in order to enhance safety, reduce workplace risk, improve quality, encourage training, and …
Phoenix Tower International’s U.S. footprint expands with deal to acquire the rights to 600 T-Mobile towers
Boca Raton, Fla.-based Phoenix Tower International (PTI) announced yesterday that it has entered into a contract with T-Mobile to acquire the ownership or management rights relating to approximately 600 wireless communication tower sites including the exclusive right to manage and operate the sites from T-Mobile via PTI’s local US subsidiaries. Terms of the transaction remain confidential between the parties. The …
In a surprise move, SBA walks out with cash and away from its investment in DAS
Five year DAS ride for SBA unexpectedly ends In a deal that took many industry observers by surprise, DAS developer ExteNet Systems, Inc. announced that Digital Bridge Holdings and Stonepeak Infrastructure Partners will recapitalize the company with more than $1 billion dollars, and Digital Bridge’s CEO Marc Ganzi will assume the position of Chairman of the Board. Key members of …
Crown Castle’s tenants per tower take a slight dip as revenues show a marked increase
Although Crown Castle’s site rental revenues for the second quarter were up $26.3 million over its 2014 quarter, the tower owner’s average tenants per tower for sites operated for 10 years or longer fell off slightly in all BTAs. The tenant per tower average in the top 100 BTAs for sites operated 10 years or more was 2.9 compared to …
Sabotage seen as cause for American Tower cell tower collapse in Arizona
A number of TV journalists covering the collapse of a cell tower in Wittmann, Ariz. on Saturday afternoon appeared to display that investigative reporting is not their strong suit A wooden monopole had fallen on high tension power lines causing a power outage that left nearly 2,000 customers without electricity. While Arizona Public Service brought in a crew to remove …
American Tower monopole destroyed following Virginia welding accident
Polyethylene insulation on coaxial transmission lines caught fire Tuesday in Newport News, Virg. when a crew was welding on a monopole behind Heritage High School. According to Newport News Fire Department Battalion Chief Steve Pincus, the coaxial cable caught on fire as maintenance workers were welding on the tower just before noon. The flames quickly spread along the insulation of …
Some tower landowners want their structures removed as fear strikes India over deaths
Most likely one of Ashwini Khillian’s first initiatives following his appointment to Chief Operating Officer for American Tower Corporation’s ATC India last week, was to inventory the towers the company owns in Jammu and Kasmir as thousands of towers are being compromised by terrorists in India. Telecom trade group Cellular Operators Association of India (COAI) estimated today that around 2,500 …
ATC ‘s Taiclet named to Forbes’ 2015 Global 2000 CEO Hall of Fame
American Tower Corp. Chairman and CEO Jim Taiclet has been named to Forbes Magazine’s 2015 Global 2000 CEO Hall of Fame. In assembling its 2015 list, Forbes viewed companies that made the biggest move up its list of the world’s largest companies during the past ten years. Forbes narrowed that group down to 128 companies that had the same CEO for the entire period and …
Some wireless industry musicians and singers can easily quit their day job
A traditional scathing barb heard when garage band musicians try to imitate legendary rock stars is: “Don’t quit your day job.” But at last Wednesday’s PCIA – The Wireless Infrastructure Association’s, All-Star Jam Session in Hollywood, Fla., it was obvious that the only things being skewered, were buffet offerings as PCIA members led a rousing session that made the house …
PCIA’s ‘view from the top’ shows a little bottoming out; tall tower crew shortage possible
A common thread throughout yesterday’s PCIA – The Wireless Infrastructure Association’s Hollywood, Fla. conference was that AT&T has pulled back on their builds, Sprint is almost in a holding pattern and T-Mobile is providing a number of opportunities. Verizon, however, is seen as a steady engine that is assisting a slower than expected build in the second quarter. “Verizon continues …
American Tower takes AT&T to court and wins a $132 million judgment
American Tower Corporation stood behind a New Jersey construction manager who used a creative approach to comply with an AT&T program manager’s directive on a new monopole cell site’s location, while suffering with hurt feelings, and was awarded $132 million by a Sloatsburg, Tex. jury today. In a statement issued by the Boston-based tower owner following the verdict, the company said, …
Competitive spirit can be cutthroat in leasehold ground wars of towercos
Although the nation’s major tower owners present a public face of spirited friendly competition and collective initiatives to ensure worker safety, when it comes to protecting their interests it can be a no holds barred battle between them to keep their most valuable assets, their long-term leases. One clash got so nasty that the counter-complainant wanted a leasehold aggregator’s executives …
ATC leads slightly over Crown with their $5 billion 11,324 Verizon tower deal
American Tower Corporation today announced that it has been the successful suitor in acquiring the rights to approximately 11,324 wireless communications towers and purchase approximately 165 additional towers from Verizon Communications, Inc. for $5.056 billion. Under the agreement, American Tower will have the exclusive right to lease and operate the Verizon towers for a weighted average term of approximately 28 …
Falling fuel prices providing early holiday gifts, especially to American Tower
Contractors and other infrastructure companies have seen free-falling fuel prices prop up their bottom line as gasoline continues to drop across the nation to its lowest prices since 2009. Although diesel fuel’s drop hasn’t been as dramatic, it too is showing a steady decline. Even though Spectrum Antenna Service and 23 other Missouri-based contractors can get gas today for as little as …
