A two-hour progress hearing on FirstNet yesterday by the Subcommittee on Communications, Technology, Innovation and the Internet provided scant details on AT&T’s plans for new tower builds throughout the country, especially in rural areas, other than a brief mention there was an aggressive program in place to accomplish it. Michael Poth, CEO of FirstNet and Chris Sambar, Senior Vice President, …
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 …
CTI Towers secures $20 million debt facility from CIT Group
CTI Towers, a fast-growing wireless tower company, recently procured a $20 million debt facility with CIT Group Inc. The facility allows CTI Towers to continue its growth through building and acquiring wireless tower assets. The facility also provides CTI Towers with the potential to tap into an additional $20M once the initial $20M is drawn. CTI Towers presently owns 208 towers …
Discrimination lawsuit against Mobilitie mirrors plaintiff’s groundless racial issues with Bechtel
A wireless construction manager has filed a discrimination lawsuit against Mobilitie, LLC, a nationwide wireless infrastructure service provider, alleging that the company “engaged in a pattern or practice of failing to hire African-American and non-Caucasian applicants” for numerous construction-related positions in its offices throughout the country. Rufus Lovell Brooks of Orlando, Fla. filed the lawsuit in U.S. District Court for …
Corrupt broadband provider loses its exclusivity grant in the Hawaiian Home Lands
In an opinion and order released on July 3, the Federal Communications Commission revoked the exclusive license of Waimana Enterprises to build, construct, maintain and operate a telecommunications network in the Hawaiian Home Lands (HHL). In December, the FCC said that Sandwich Isles Corporation, Waimana Enterprises, Inc. (WEI), its parent company, and Albert S.N. Hee, owner of both organizations, were …
Tough charges and high bail set for cell site-related crimes
Two cell site-related incidents – trespassing and battery thefts – are becoming commonplace, but the anticipated charges in one case were reaching, and the bail for another was extraordinary. Wyoming, Minn. police arrested three men Sunday night after an officer noticed a vehicle in the parking lot of an AT&T Long Lines tower supporting cell service. While investigating, officers found the …
Dumb RF engineer who shut down smart meter base stations is sentenced to jail
In 2014, a radio frequency engineer upset after being fired from his job which required him to set up base stations that employed omni directional antennas on communications towers to monitor water meters, took revenge upon his unnamed employer and hacked into base stations to shut them down. He also changed the radio frequency for communications. and altered the code for …
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 …
Surveyor and design firm are off the hook in siting errors that cost Texas city $508,000
When Rowlett, Tex. officials found out in March that they had constructed a police communications 325-foot tower on a neighbor’s plot of land and not city property, they fixed the error, as reported by Wireless Estimator, by paying $478,000 additional to buy the adjoining lot. Otherwise, they would have incurred a $400,000 penalty for not having the tower constructed to …
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, …
Orange is the new knack – for selling tower siting sizzle and not the steak
After a 10-year effort to improve public safety communications in Douglas County and Highlands Ranch, Colo., erection of a 150-foot public safety radio tower began yesterday morning after sales and use tax funding became available and a private developer said it would assist in providing a location for an artistic structure – a monopole with two side-mounted omni antennas gingerly …
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 …
Crown socks Southeastern N.Y. with multiple rights of way-involved lawsuits
Crown Castle filed another lawsuit in federal court on Thursday against the Town of Oyster Bay, N.Y. seeking to have its permits reissued to install microcells in residential neighborhoods. The action follows a recently filed complaint against the Town of Hempstead as reported by Wireless Estimator on Friday where Crown Castle sued over a consultant’s delaying tactics and high fees …
Crown sues Hempstead, N.Y. over consultant’s delay tactics and high fees for DAS nodes
National DAS-provider and tower owner Crown Castle has brought suit against the Town of Hempstead, N.Y., alleging that the Town unlawfully delegated its review authority to a third-party consultant for 14 initial applications for authorization to install, operate and maintain DAS facilities in the Town’s public rights of way. Crown, in its complaint, said that the consultant, Center for Municipal …
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 sued for not having climbing safety devices on Texas tower
A Michigan tower tech is suing a lift manufacturer and a tower owner in Harris County Texas District Court for more than one million dollars, alleging their negligence caused him to fall and suffer injuries in Richardson on January 29. Stevin Ammerman filed a complaint May 31 in Harris County Texas District Court against Safway Group Holdings LLC, Crown Castle …
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 …
Single structure towerco wins siting suit in Oklahoma Supreme Court
The owner of a successful Oklahoma tower and lighting maintenance company saw an opportunity to provide homeowners in a severely underserved area east of Muskogee with cell service – in some homes non-existent – and constructed a 250-foot self-supporting tower that a major carrier was interested in co-locating on in 2010. But as soon as it was built, homeowner Ken …
Crown sues Rye as SBA’s bread winner sells $12.6 million of his stock; AT&T strike ends
Crown Castle International has filed a lawsuit against the City of Rye, N.Y. after the City Council rejected a proposal that allowed Crown to install wireless equipment in the community’s rights of way. In its complaint, Crown said Rye improperly refused to grant the company access to public rights of way to expand an existing network of small cells, or …
Mobilitie musters another siting snafu requiring removal of its tower
When the the City of Goliad, Tex. informed Mobilitie that they had illegally installed a 120-foot tower in their right of way off of West Fannin St. on April 2 and they were to remove it no later than May 1, a Mobilitie spokesperson informed them that it could take a couple of weeks since they were constrained by safety …
AT&T’s tower-centric drone software could sunset a number of head counts
More than 30 years ago, Art Pregler directed the Air Force’s complex mission of taking full sized multi-million-dollar fighter aircraft, converting them into drones, and then shooting them out of the sky with new advanced weapons systems. Today, as director of AT&T’s National Mobility Systems, Pregler’s role is just the opposite, requiring him to ensure that the carrier’s experimental drones remain …
Lendlease, a global developer, acquires Parallel Infrastructure and its tower portfolio
Lendlease, one of the world’s largest development, property, infrastructure, and construction firms, has announce that it has acquired the Parallel Infrastructure portfolio of telecommunications towers and development positions across the United States, from Florida East Coast Industries. Going forward Lendlease will utilize its integrated business model to further create development opportunities focused on telecommunication infrastructure across the region. Denis Hickey, …
Portal to check cell tower RF exposure in India is a poor PR patchwork
In early April, a ruling from India’s Supreme Court shut down a BSNL cell tower after Harish Chand Tiwari, who works in Gwalior, complained that for the past 14 years he was exposed to radiation from a the tower illegally installed on a neighbor’s rooftop that was 165-feet from his employer’s home. And under pressure from the major tower owners …
One tower installation error adds up to a half million dollar add on
For 13 years Wireless Estimator has been covering the wireless siting community and is always in search of the man bites dog story rather than a mundane municipal siting protest. Today, we found one in Rowlett, Tex. where a city tower was built on their neighbor’s adjoining property. But instead of moving the tower, equipment shelter and generator to the …
CTIA shrinks the size of a pizza box to get the FCC to deliver small cells
Last Tuesday, CTIA Regulatory Affairs executives Brian Josef and Kara Romagnino pitched Rachael Bender, FCC Chairman Ajit Pai’s Acting Legal Advisor, with their newly minted presentation on key reforms that would be beneficial for the agency to enact to ensure that America can build its 5G infrastructure. It’s likely that Bender fully understood their presentation on new opportunities and challenges …
Crown ‘s California fiber miles increase by 1,900 with Wilcon buy
Crown Castle International Corp. announced today that it has entered into a definitive agreement to acquire privately-held Wilcon Holdings LLC for approximately $600 million from Pamlico Capital and other unit holders of Wilcon. Wilcon is a fiber services provider that owns approximately 1,900 route miles of fiber, primarily in Los Angeles and San Diego. Pro forma for the proposed acquisition, …
U.S. adds 449 broadcast stations in first quarter, mostly low power FM
According to newly released statistics by the FCC, the nation saw an addition of 449 broadcast stations, the majority being 246 low power FM stations as of March 31, 2017. Low Power FM (LPFM) radio stations are authorized for noncommercial educational and public safety and transportation broadcasting only and operate with an effective radiated power (ERP) of 100 watts (0.1 kilowatts) …
Alaska’s largest telecom company, GCI, is acquired for $1.12 billion
General Communication Inc. (GCI), Alaska’s largest telecommunications company, will be acquired by Liberty Ventures Group, a subsidiary of Colorado-based media conglomerate Liberty Interactive Corp., the company announced in a statement. The $1.12 billion buyout allows GCI to expand its already leading position in Alaska and expand to markets outside the state so the company will continue to have staying power …
RFS and International Towers partner to provide turnkey repack solutions
Radio Frequency Systems (RFS), a global designer and manufacturer of cable, antenna and tower systems, has announced a partnership with International Towers Incorporated (ITI), a licensed general contractor with over 30 years of experience supporting the national broadcasting industry. Together, the two companies will offer a turnkey equipment and installation solution which will enable broadcasters preparing for the U.S. broadcast …
Over 70 communities have filed suit over Ohio siting bill enforcement
Maumee, Ohio is the latest community to take action against Ohio’s “Petland Bill” that became effective March 21, that snuck in and set standards for tower siting in the state’s 938 municipalities’ rights of way. Maumee City Council members voted unanimously last night to file a formal complaint and request an injunction against the section of the bill relating to …
Mobilitie is zero for two in its move to install New York monopoles
Mobilitie is back in the news again after submitting an application in Washington County, N.Y. for a cell tower in Kingsbury and commencing work in Easton without getting proper approval. According to the The Post-Star, Mobilitie applied for a county highway work permit, “which is normally used when a homeowner wants to put something temporarily in the county’s right-of-way. Usually …
FirstNet and AT&T contract is inked creating 10,000 new jobs, $40 billion in spending by the carrier
At an award and signing ceremony this morning at the Department of Commerce, AT&T, although unofficially acknowledged as the winning FirstNet bidder, was officially announced as the winner of the private/public safety network contract by U.S. Secretary of Commerce Wilbur Ross. “Today is a landmark day for public safety across the Nation and shows the incredible progress we can make …
American Tower’s $100 million amendment is most likely from Verizon
UPDATE: March 29, 2017 – According to two knowledgeable industry insiders, American Tower Corporation’s (ATC) filing on March 21 stating that it had amended a master lease agreement with one of its tenants that will provide the company with an additional $100 million in revenue for the year, was an agreement with Verizon, not AT&T as had been widely speculated. However, they …
Telecom proponent Jeb Bush teams up with Boca Raton’s Vertical Bridge
Vertical Bridge, the largest private owner and manager of communication towers and locations in the U.S., announced today the appointment of former presidential hopeful and Florida Governor Jeb Bush to its Board of Directors. Governor Bush will serve as an independent director. “Governor Bush understands and appreciates the need for greater wireless telecommunications infrastructure,” said Marc Ganzi, Executive Chairman of Vertical Bridge and co-founder …
WIA chair believes 50-foot small cells are reasonable, urges congress to remove barriers
The Chairman of the Board of Directors of the Wireless Infrastructure Association (WIA), Thomas A. “Tam” Murray, today urged members of the House Subcommittee on Communications and Technology to continue its work toward streamlining the widespread deployment of wireless broadband in communities throughout the United States. He also informed the subcommittee that WIA was “tremendously in favor of long lease …
Public broadcasting stations take a huge hit in Trump’s budget lite
President Donald Trump’s proposed 2018 budget cuts, released late last week, left the wireless industry basically unscathed except for some cuts to rural broadband efforts that are said to be duplicated elsewhere. But the Corporation for Public Broadcasting (CPB) took a huge hit on President Trump’s wish list, losing $445 million, which could result in a number of rural stations …
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 …
Tower tech in Kansas is injured after falling approximately 25 feet
Update: March 20, 2017 – The tower tech that was injured on March 15, 2017 while dismantling a tower in Salina, Kan. is still in the hospital, but recovering, according to an individual knowledgeable of the accident. Randy Smith was employed by his own tower company operating under the business name of Randy Smith Tower Services of Rolla, Kan. March …
Utility commissioners tell the FCC to ‘tread carefully’ with municipal streamlining petition
The National Association of Regulatory Utility Commissioners (NARUC) recently applauded the FCC and Chairman Ajit Pai for initiating the Broadband Deployment Advisory Committee, but came down hard on what it sees as the FCC’s desire to preempt the traditional authority of State and local authorities by replacing intrastate regulation of rights-of-way, pole attachments, and other telecommunications facilities or services of …
WIA outlines convincing small cell deployment barriers nation faces
The Wireless Infrastructure Association (WIA) filed formal written comments with the Federal Communications Commission (FCC) in its “Streamlining Deployment of Small Cell Infrastructure By Improving Wireless Facilities Siting Policies” proceeding. In its filing, WIA stressed the importance of maintaining a fair and competitive marketplace to promote the widespread deployment of wireless infrastructure in communities across the United States. More importantly, …
FCC Commish: New tower marking regs could affect 50,000 towers; needs tweaking
By Michael O’Rielly – FCC Commissioner Having worked on numerous legislative efforts over the years, I have seen that it is not uncommon for very well-intentioned provisions contained within larger bills passed by Congress and enacted into law to lead to unintended negative consequences. One such provision recently enacted in an FAA Authorization statute is causing a considerable level of …
Broadcast repack video is truly a must see for all tower techs
The National Association of Tower Erectors (NATE) released a Broadcast Repack safety video during the NATE UNITE 2017 Keynote Luncheon sponsored by T-Mobile. The timely video is the second to debut as part of Volume 2 of the NATE Climber Connection series and coincides with the Federal Communications Commission (FCC) recently concluding the bidding phase of its historic incentive auction, …
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 …
Kansas mayor is perplexed why FCC chief singled out his city’s broadband
During a press conference yesterday, FCC Chairman Ajit Pai singled out a small Kansas community that he said had 75 residents that could possibly receive economic prosperity if they were to be provided with adequate broadband services, but City of Allen Mayor Charles Eastman said he’s not quite sure as to how that would be achieved – or if the city …
Mobilitie’s DAS marketing illustrations are labeled as ‘quite deceptive’
Distributed antenna systems provider Mobilitie, whose national focus is to provide Sprint with sites in community rights of way to assist in densifying their network, recently made a presentation to local government telecom officials in Southern California at the States of California and Nevada Chapter of the National Association of Telecommunications and Advisors (SCAN NATOA). Mobilitie, in its presentation, provided …
New Jersey cell tower tax ruling could have a wide-ranging impact
The nation’s most profitable toll road, exceeding over $1 billion annually in revenue, will be slightly less profitable following a New Jersey tax court decision handed down last Friday that will require it to pay city taxes on a cell tower on its property in Elizabeth. The ruling could also have other municipalities assess whether towers located on turnpike property …
Municipal representatives unveil Georgia’s ROW agreement with Mobilitie
After meeting with representatives of the FCC’s Wireless Telecommunications Bureau last week, city and town leaders from Massachusetts, Georgia and Minnesota, as well as a representative of the National League of Cities, presented them with what they believe could be a model template for telecom installations in public rights of way. During the meeting, they urged the Commission to avoid …
Pence’s $260 million tower deal legacy for Indiana is terminated
Indiana Governor Eric Holcomb announced today that the Indiana Finance Authority has terminated contract discussions with Agile Networks which struck a tentative deal last September with the state to lease its communications towers while Vice President Mike Pence was Governor. As reported at that time by Wireless Estimator, Agile and Pence said that negotiations had been finalized for an agreement …
Pilot dies after clipping guy wire of Vertical Bridge Texas tower
The pilot of a small airplane was killed when he crashed in Rusk County, Tex. yesterday on a clear afternoon on County Road 497 after its wing reportedly clipped a 449-foot tall tower’s guy wire, according to Rusk County Office of Emergency Management spokesperson David Chenault. Chenault informed Wireless Estimator that the plane was an older Cessna. The guyed tower, …
AT&T’s end run around municipalities might have put Mobilitie out of the game
DAS-provider Mobilitie LLC’s petition to the FCC for a declaratory ruling to promote broadband in the U.S. by prohibiting excessive charges for access to public rights of way was championed by AT&T, at least in Ohio, where the carrier last month lobbied for and successfully sneaked in an amendment inside a bill regulating puppy mill providers. The questionable legislative procedure …
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 …
AT&T to roll out giant eyeballs and drum sets to support inauguration
The nation’s wireless carriers are ready for President-elect Donald Trump’s inauguration on Jan. 20 in Washington D. C. with increased network capacity with AT&T providing what might be the best coverage in the District – or at least it appears that way as the nation’s second largest carrier promotes its innovative and largest temporary network it has ever provided. Two …
Michigan okays two licenses to Mobilitie, but disavows DAS
The State of Michigan Public Service Commission has approved Mobilitie Management LLC’s application to provide facilities-based basic local exchange service throughout the state, but the Commission’s approval doesn’t provide the California-based company freedom to provide distributed antenna systems (DAS) or provide installations without obtaining required building permits. In its approval, the Commission noted that based upon the concerns expressed by …
Point-to-point super flyway broadband network may not have enough planes
California-based Airborne Wireless Network (AWN) believes, like Facebook envisions, that it has the answer for being able to assist in providing broadband throughout the world by using aircraft. Whereas Facebook is attempting to use unmanned drones, with its first attempt ending in a return-trip crash, AWN want to use the world’s existing commercial aircraft to create a meshed carrier network. The company …
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, …
FCC cell tower Ponzi scheme ensnares a Puerto Rico mayor charged with extortion
The mayor of Gurabo, Puerto Rico was arrested yesterday on charges of extortion and soliciting a bribe for allegedly using his municipality’s money to invest in a $15 million Ponzi scheme that was structured around investors being able to reap handsome profits from their investments in FCC cell tower administration contracts. According to the indictment, on or about October 2012, the …
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 …
Civil workers unearth a skull and other bones at S.C. cell site
A crew performing civil work at a Greenville, S.C. monopole site unearthed human remains that, according to a news release from the Greenville Police Dept., had been in the ground for an extended length of time. While excavating Monday morning with a small backhoe, the workers unearthed a skull, a portion of a mandible and what appears to be a …
Officials feel Mobilitie is disingenuous as moratoriums mount throughout the nation
Cities and counties are continuing to slap moratoriums on the installation of towers and mini-macro sites in public rights-of-way. The most recent city registering concern is Boynton Beach, Fla. whose officials this month issued a moratorium on installing them until June so that they can examine the current regulations to determine if changes need to be made. The action came …
CS&L to pick up 473 towers and change its name to Uniti Towers
Little Rock, Ark.-based Communications Sales & Leasing Inc. reported a loss on Monday of $4.1 million during its 2016 third quarter, and said it plans to acquire Network Management Holdings LTD, a private company that owns and operates 359 wireless communications towers in Mexico, Nicaragua and Colombia. The company said it expects to initially pay $65 million for the purchase …
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 …
Avant-garde cell tower design has a minor flaw, it won’t work
An assistant professor of design research at M.I.T. has a unique way to rethink a cell tower’s essential infrastructure by programming building materials — wood, textiles, and synthetic fibers — to respond automatically to external stimuli like heat, cold, light, wind or water. He asks of the next-gen cell tower: “How can we make it change shape, bend, twist, twirl, …
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 …
Alyssa Runner joins Wireless Estimator in key advertising and marketing role
Wireless Estimator is pleased to announce the appointment of Alyssa Runner to the position of Marketing/Advertising Consultant. Alyssa has been crusading the digital marketing arena for more than seven years, specializing in copywriting, lead generation, data-driven strategies and conversion rate optimization. With a Bachelor’s degree in Advertising and Public Relations and a Master’s in Public Administration, she focuses her time …
New lighting standards helped tower owners to lower bird kill; 15,000 still left
New guidelines for communication tower lights spell out how tower operators can save birds and energy without sacrificing safety. Put in place by the Federal Communications Commission (FCC) and Federal Aviation Administration (FAA), the guidelines strongly encourage tower operators to turn off or reprogram steady-burning red or white lights in favor of flashing lights, which are less harmful to birds yet still …
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. …
Reports of Russia using its cell towers to stretch its defense system might be a stretch
In his rallies and presidential debates, Donald Trump said that he has a way of defeating ISIS and putting Russian President Vladimir Putin in his place. But the real estate mogul says he’s not releasing any further information because he wants to unleash his measures secretly. However, it appears that Russia, which normally keeps its defense system initiatives and actions close …
AT&T’s veiled tower lease ‘threats’ surface again with new onerous requirements
According to a number of news reports that republished information from an article by Fierce Wireless, AT&T is in a full-court press to force tower owners to take new restrictive terms or the carrier might relocate to an alternative site. The articles state that the push to lower rates dovetails with AT&T’s SVP of wireless network design Tom Keathley’s August …
AT&T plans to give towers and fiber competition with plastic antennas using the power grid
Towers and fiber may have a serious competitor if AT&T’s Project AirGig is successful in spreading internet service wirelessly through the country’s power grid, with the company believing, “where there are power lines, there can be broadband”. AT&T said its transformative technology from AT&T labs allows for affordable antenna units to be able to redistribute wireless and wireless signals around …
Univision deal adds 66 broadcast towers to Vertical Bridge’s portfolio
Vertical Bridge, one of the largest private owners and managers of wireless communications infrastructure in the U.S, today announced that it has signed an exclusive five-year agreement with Univision Communications Inc. (UCI) to manage a portfolio of 66 premium broadcast towers in key markets located across the United States. Terms of the private transaction were not disclosed. Vertical Bridge’s portfolio …
FCC chief says the path to 5G has challenges and millions of antennas
FCC Chairman Tom Wheeler looked at the past, yesterday at CTIA 21016, to give a vision of the future, while also asking, “What do we need to do seize the 5G opportunity?”. One key requirement, according to Wheeler, would be to get local officials in municipalities to agree to the installation of 5G equipment to support the higher speeds that …
Sprint’s small cell delays may be worse than the industry thinks
By Ken Schmidt Sprint and Mobilitie’s innovative plan to build mini-macros Back in June of this year, the Wall Street Journal (WSJ) ran a story about Sprint’s use of “sidewalk utility poles” as a core element of their efforts to improve the Sprint network while reducing ongoing network operating expenditures. The article suggested that Sprint may have been delaying network …
In Agile agreement, Indiana throws in additional assets to meet tower leasing shortfalls
Agile Networks announced today, along with Indiana Governor Mike Pence, that negotiations have been finalized on an agreement that will license the state of Indiana’s communications infrastructure to Agile. The Indiana Finance Authority board approved the agreement this morning, pending review by the state’s legislative budget committee. The deal will have Ohio-based Agile put up $50 million immediately to Indiana …
In unique deal, CTI picks up 10 towers from Connoisseur Media for $4.1 million
Connecticut-based Connoisseur Media has announced that it struck a $4.1 million deal to sell a “package” of towers to Massachusetts-based CTI Towers. What may be an unusual deal was announced in an unconventional way along with the possibility of creative financing. In place of providing a joint press release announcing the agreement, Connoisseur CEO Jeff Warshaw copied a short article …
Civil lawsuit filed against Verizon as the culprit for tower collapses
A Massachusetts tower owner says Verizon acted without due caution in adding equipment to their tower, causing it to collapse in 2014, and they are suing the carrier for $477,000. In reply to the complaint, Verizon said that the damages were caused by “an act of God, and were not in reason preventable by human foresight, strength or care.” North …
Hugely profitable state-wide tower deal most likely will never be bested
Hybrid fiber optic provider Agile Networks has a sweetheart deal with Ohio’s state officials that will make all tower companies blush with envy. The Department of Administrative Services authorized Agile to sublease space on up to 82 state-owned communication towers that form part of the state’s Multi-Agency Radio Communications System. And with just one tenant on them such as T-Mobile …
Court strips the FCC of its power to preempt state laws
A circuit court of appeals dealt a severe blow to the Federal Communications Commission when it ruled today that the agency could not preempt state laws that restrict the growth of municipal broadband networks. In February 2015, the FCC voted to block laws in North Carolina and Tennessee that prevent municipal broadband providers from expanding outside their service areas. Chairman Tom …
Amended colocation agreement lessens historic preservation reviews and speeds up 5G
The Federal Communications Commission took another significant step to facilitate the deployment of infrastructure critical to ensuring American leadership on next-generation wireless service, or 5G. Building on previous infrastructure reforms, the Wireless Telecommunications Bureau signed an agreement to eliminate historic preservation review for small facility deployments across the U.S. that do not adversely impact historic sites and locations. The agreement …
One ‘tower treasure’ found by a landowner is worth at least a quarter million dollars
Tower techs frequently talk about ‘tower treasures’ that they find at a cell site left by previous crews, from hand tools to rigging blocks, and a host of other equipment. But it’s rare for a homeowner to discover that someone had built a multi-tenant tower designed for someone else and left it installed on his property, while another property owner benefited …
Alaska’s contractors could feel the pinch of GCI’s capex belt tightening
Alaska’s General Communication, Inc. (GCI) announced yesterday that its deal to sell approximately 275 urban wireless towers and rooftop sites to Florida-based towerco Vertical Bridge closed Monday, providing the company with approximately $90 million in the transaction that was announced in May. The largest Alaska-based and operated, integrated telecommunications provider, however, also announced some unsettling news to its vendors and …
A large chunk of capital will help InSite expand its national presence
InSite Wireless Group, LLC (InSite) today announced that Macquarie Infrastructure Partners III (“MIP III”)—as part of an initial investment of approximately $280 million—has acquired a 42.5% equity interest in the company from Catalyst Investors II, L.P. and other minority investors. MIP III has also committed to additional future investments to promote InSite’s continued growth. InSite owns, operates, and manages wireless …
American Tower’s chief says pressures to lower their tenant rates aren’t working
During American Tower Corporation’s second quarter earnings analysts’ call yesterday, President and CEO James Taiclet fielded questions regarding whether the company might need to reduce its carriers’ tenancy rates. Taiclet said, no. Answering Barclays analyst Amir Rozwadowski’s question regarding concerns about future lease escalator rates, with some carriers expressing “some consternation about how the compounding growth outlook of that cost …
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 …
New FAA rules will require some 50-to-200-foot towers to be marked
Last December, the FAA established new obstruction lighting and marking rules, and Wireless Estimator developed a handy industry reference tool that breaks down and easily explains the 90-page document’s changes from the previous advisory circular. However, the most current regulations will likely be changed again by the FAA within the next year when certain towers, in the 50-to-200-foot in height …
Tower owner Digital Bridge spreads its wings with a major data center acquisition
Digital Bridge Holdings announced today the acquisition of DataBank, Ltd., a leading North American provider of enterprise-class data center solutions including colocation, managed services, as well as cloud and network services. Digital Bridge has partnered with Teachers Insurance and Annuity Association of America, Allstate Investments and The Edgewater Funds in the acquisition. Financial terms of the transaction were not disclosed. …
Lease buyout firm Unison cuts back its staff while selling off some assets
Cell site lease buyout firm Unison Site Management has sold 760 leases to competitor Melody Wireless Infrastructure for an undisclosed amount, according to a press release from Melody. Omar Jaffrey, Managing Partner at Melody Capital Partners, and CEO of Melody Wireless Infrastructure stated: “This latest acquisition will solidify Melody’s presence within the wireless infrastructure ecosystem and directly aligns with our …
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 …
GCI feels the FCC’s wrath again, this time for 911 outages costing them $2.4 million
The Federal Communications Commission’s Enforcement Bureau has reached a $2.4 million settlement with General Communication, Inc. (GCI), resolving an investigation into five 911 service outages that occurred on the company’s wireless network in various parts of Alaska between August 2008 and April 2016. As part of the settlement, GCI has agreed to strengthen its procedures for providing 911 service and …
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 …
Tower workers compensated for heights and dangers while building the CN Tower
Canada celebrated Toronto’s iconic 1,815-foot CN Tower’s 40th birthday yesterday as many of the iron workers who built it, lots of them now in their seventies and eighties, possibly celebrated that they weren’t killed during construction due to what appeared to be limited use of personal fall protection. But many of them photographed without any harness on didn’t appear to …
Vertical Bridge uses 1,500 tower sites to close on $321 million in funding
Vertical Bridge, the largest private owner and manager of wireless communication infrastructure in the U.S., today announced it has closed on a $321 million asset-backed securities offering led by Deutsche Bank Securities and Barclays. The issuance, which is secured by more than 1,500 Vertical Bridge tower sites across the U.S., gives the company additional flexibility to continue its real estate …
Communications Sales & Leasing to acquire Tower Cloud
Communications Sales & Leasing, Inc. (CS&L) announced today that it has entered into a definitive agreement to acquire privately-held Tower Cloud, Inc. for $230 million in cash and stock. Tower Cloud is a leading provider of data transport services, with a particular focus on providing infrastructure solutions to the wireless and enterprise sectors, including fiber-to-the-tower backhaul, small cell networks, and …
US Cellular gets a wrist slap for violating FCC environmental rules
The Federal Communications Commission (FCC) notified United States Cellular Corporation (USCC) last Thursday that it had failed to comply with the Commission’s regulations regarding the National Environmental Policy Act of 1969 (NEPA) and other federal statutes when it constructed a tower in Harvey, Ill., and New Buffalo, Mich, in 2007 and 2008. The agency said the carrier did not file …
Sprint’s small cell deployment snags seen related to permitting difficulties
Sprint’s plans to deploy up to 70,000 small cells throughout the country have hit a number of permitting roadblocks, according to an article by Ryan Knutson of The Wall Street Journal published Tuesday that indicates that the Overland Park, Kan.-company is struggling to roll out its small cell densification network project. Sprint’s primary contractor for the turnkey installations is Mobilitie …
Vertical Bridge deal adds 1,000 building opportunities to its portfolio
Vertical Bridge, the largest private owner and manager of wireless communications infrastructure in the U.S., today announced the signing of an exclusive five-year agreement with The RMR Group to market and master lease telecommunications sites at more than 1,000 RMR managed buildings. Terms of the transaction were not disclosed. The RMR Group’s managed assets include hotels, travel centers, healthcare, senior …
Key executives at WIA: The tower biz is still where you want to be
When the Wireless Infrastructure Association’s (WIA) annual “View from the Top” presentation kicked off at yesterday’s Dallas, Tex. conference, audio problems kept the packed audience craning their necks for about 10 minutes to hear what was being said. But when WIA President and CEO Jonathan Adelstein restarted the session from the beginning, it was crystal clear to attendees that 2016 …
TowerCo eyes new acquisitions and build-to-suits after its $244 million tower sale to Grain
Company officials at TowerCo have announced the sale of 253 towers and 95 other assets to Grain Infrastructure II, L.P., a private equity firm in Sarasota, Fla., for $244 million. The sale marks the third portfolio of towers and assets sold by TowerCo since 2008 when the company sold 430 towers to SBA Communications for $193.5 million. The sale elevates …
Blue Sky gets additional funding as Vertical Bridge gets an additional 275 towers
Peppertree Capital Management has increased its funding commitment to Blue Sky Towers from $80 million to $120 million as towerco Vertical Bridge and General Communication, Inc. also announced today that they have signed an agreement to acquire 275 sites from GCI’s wholly-owned subsidiary, Alaska Wireless Network (AWN). “We are very proud of our accomplishments to date and consider ourselves fortunate to …
An engineer’s report has officials on edge over a possible tower failure
UPDATE: May 4, 2016 – Paulding, Ohio village officials have determined that a 400′ guyed tower is not a danger to the community after reviewing a second engineer’s report, and have opened Fairground Rd. As suspected, the reported overloads were due to the fact that the newer ANSI/TIA-222-G standard includes more stringent ice requirements, compared to the 222-F standard which was …
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 …
Tower capacity concerns recognized at CCA’s keynote discussion
While all panelists agreed at yesterday’s Competitive Carriers Association’s Mobile Carriers Show keynote discussion in Nashville that unlicensed spectrum use by carriers was already in play, with subscribers using Wi-Fi connections, C Spire CTO Stephen Bye said carriers would have to be aggressive in making the experience better for consumers. “Unlicensed has an important role in the delivery of services, …
Four-tower $75-million deal still on hold as developer grapples with NIMBY group
Residents impacted by the proposed sale of a 75-acre Bethesda, Md. tract that is the home to Cumulus Media’s WMAL-AM Washington DC talk radio station, weren’t enamored with a presentation by developer Toll Brothers on Saturday to transform the area into a 328-home neighborhood. Additional traffic was the chief concern of many residents. In an article last year in Wireless …
Crown Castle emerges as number one in the U.S. with their TDC 336 tower deal
Crown Castle International Corp.has announced that it acquired Tower Development Corporation (“TDC”) for approximately $461 million in cash. TDC, a portfolio company of Berkshire Partners, owns and operates 336 towers in the U.S. and Puerto Rico with an average tenancy of approximately two tenants per tower. The deal puts Crown Castle as the largest tower owner in the U.S., although …
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 …
FCC auction has kicked off with NAB and NATE still ticked off
The Federal Communications Commission’s (FCC) auction to buy spectrum from television stations, repack the spectrum, and then sell it to wireless providers, kicked off yesterday with broadcasters having to make a commitment as to whether and how they would participate. But a 39-month post auction deadline is seen as too compressed by the National Association of Broadcasters (NAB). And the …
Communications Sales & Leasing to purchase 32 of Windstream’s towers
Communications Sales & Leasing, Inc. (CS&L) today announced that they have entered into an agreement with Windstream Holdings, Inc. to acquire 32 wireless towers owned by Windstream and operating rights for 49 wireless towers previously conveyed to the company in its spin-off from Windstream in April of last year. With a portfolio of 81 towers after closing, CS&L will rank …
One Georgia tower down while another planned structure heads to court
Tower developer Municipal Communications LLC took Cobb County, Ga. officials to court last week for having an “impossible condition” placed upon it for a new 190-foot monopole, when the county asked it to move the structure 300 feet – while in Screven County, a tower decided to move hundreds of feet on its own when it collapsed yesterday. Although there …
New site projections see a modest increase in 2016 for the tower industry
In RBC Capital Markets’ latest network and site leasing update, analysts Jonathan Atkin, Bryan Hyun and Bora Lee are projecting a modest improvement in leasing in the second half of 2016 from 2015 with Verizon and T-Mobile remaining the most active carriers. Their report said that AT&T’s site additions should remain below the 1,000 mark at approximately 600. They expect …
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, …
Alpha Media balloons with new stations as it sheds its unmarketed towers to Vertical Bridge
Tower owner Vertical Bridge has announced that it has acquired close to 200 towers from Alpha Media, although no financial terms of the transaction were disclosed in a press announcement. The portfolio consists of 113 new sites, many with AM arrays accounting for the additional 87 towers announced in the deal. The acquisition, according to Wireless Estimator’s Tower Owners List, …
Digital Bridge seen as top contender in $2 billion Saudi Arabia Mobily deal
During a panel discussion last week during NATE UNITE 2016 in New Orleans, La., Robert Paige, Senior Vice President of M&A for Vertical Bridge, the cell tower leasing arm of Digital Bridge LLC, said that more than adequate capital is available for the industry to expand, stating that the amount was seen as “mind boggling”. And if a Bloomberg Business …
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 …
Crown Castle’s chief, Ben Moreland, to hand the reins over to CFO Jay Brown
The CEO of Crown Castle International Corp. will retire effective June 1, 2016, the Houston, Tex.-based wireless communications infrastructure provider announced yesterday during its analysts conference call. Ben Moreland will leave as the company’s president and CEO, but remain executive vice chairman of the board of directors. Jay Brown, the organization’s CFO will become president and CEO. Brown, a certified …
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 …
Tower company executives’ ears will be on Sprint’s conference call tomorrow
Sprint moved its quarterly analysts’ earnings call to tomorrow morning in what some analysts believe is an apparent move to ease the concerns of investors after an article on a tech website said that the carrier was going to move its base stations from American Tower and Crown Castle sites to government properties “which costs much less”. The carrier had …
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 …
Cortel and TowerCom Technologies picked up by newly-formed J5 Infrastructure Partners
Under the direction of a new CEO, two well-established wireless services companies will expand their deployment services in the Western U.S. with an infusion of cash from two equity investors. Ridgemont Equity Partners and SR Capital Advisors announced Friday that their newly formed company, J5 Infrastructure Partners, includes the talent and assets of Cortel, Inc. of San Diego, Calif., and …
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 …
Indiana’s tallest building picks Subcarrier Communications to manage its rooftop assets
Subcarrier Communications has been selected to provide rooftop management services for the Chase Tower in Indianapolis, Ind., expanding their building rooftop management portfolio. The team leaders for this transaction were Operations Manager Greg Weger, and VP of Engineering Bill Cordell from Subcarrier’s Houston Office. The iconic Monument Circle building opened in 1990. At 830 feet, it’s the 47thth tallest building …
CTI jumps back into tower ownership with a 120 structure deal with Vyve Broadband
Massachusetts-based CTI Towers, Inc., a wireless tower operating company in which Comcast Ventures is majority owner, has jumped back into the tower space following their announcement today that it has acquired 120 communication towers from Vyve Broadband, a Rye Brook, N.Y.-headquartered mid-sized MSO with towers in Okla., Kan., Ark., and Wyo. The deal, expected to close by year-end, will provide …
Digital Bridge and Stonepeak complete ExteNet Systems’ $1.4 billion recapitalization
ExteNet Systems, Inc., a leading independent provider of distributed networks enabling outdoor and indoor wireless connectivity, announced the successful completion of its recapitalization efforts, initially announced in July. The acquisition is led by Digital Bridge Holdings (Digital Bridge) and Stonepeak Infrastructure Partners (Stonepeak), which together head the consortium that invested or arranged over $1.4 billion capital, inclusive of equity and …
Phoenix Tower International closes its 600 T-Mobile tower buy
Phoenix Tower International (PTI) announces that it has closed its transaction with T-Mobile to acquire the ownership or management rights relating to over 600 wireless communication tower sites including the exclusive right to manage and operate the sites from T-Mobile. Terms of the transaction remain confidential between the parties. TD Securities LLC served as M&A Advisor to PTI and provided …
Mobilitie and Digital Bridge vie for ‘largest’ infrastructure bragging rights
Mobilitie LLC, announced it has closed a $325 million debt investment. Led by CIT Bank, N.A., and TD Securities (USA), LLC, the investment will continue to fuel the exponential growth of the company’s distributed antenna systems, small cell, communication tower and Wi-Fi business investments. The Newport Beach, California-based company took the opportunity in its press release last week to state …
Trump Tower’s not-so-swaying broadcast antenna results in a $2,000 fine to developer
On Aug. 31 and Sept. 1, 2015, Toronto, Canada building authorities closed off an area of the city’s financial district after they received reports of an ‘unstable’ antenna on the Trump Tower. On Friday, the developer of Trump Tower, Talon International Development Inc., was handed a $2,000 bill from the city for the cost of closing off the roads around …
Carriers say they’re being strong-armed with onerous Long Island lease requirement
Carriers leasing space on Riverhead, New York’s water towers have filed federal lawsuits claiming the Riverhead Water District is trying to “strong-arm” them into paying more by not allowing technicians onto the properties to repair and upgrade equipment until they agree to the new terms which the carriers believe are too high MetroPCS has leased space on the water tower …
Vertical Bridge picks up 200 Nsight towers, raising its count to almost 3000
Vertical Bridge, the largest private owner and manager of wireless communication infrastructure in the U.S., today announced it has closed a transaction to acquire the rights to over 200 wireless communications towers from Nsight Tower Holdings, LLC (“Nsight”), a major telecommunication service provider in the Midwest. Vertical Bridge will have the exclusive rights to lease and operate the portfolio of …
Tower owner skates on $231,000 in FCC fines by playing the wolf at the door card
Johnson Towers Corporation (JTC), an owner-operated Florida company, agreed to a consent decree with the Federal Communications Commission to pay $3,000 in three installments of $1,000 each year for not installing obstruction lighting on two antenna structures and update registration information with the FCC to show the dismantlement of a third tower. The company’s owner, Dan L. Johnson, agreed that …
SBA Communications sees 2016 growth outpacing 2015’s full year projections
In providing SBA Communications Corporation’s Q3 earnings report today, President and CEO Jeffrey Stoops said, “Our backlogs continue to grow, and our initial 2016 outlook reflects a higher domestic organic growth rate than we now expect for full year 2015. Our portfolio continues to grow as well. We now own over 25,000 sites.” “Our customers remain active,” Stoops said, “and …
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 …
Crown Castle will reinstate gag order keeping them from discussing carriers
Crown Castle CEO Ben Moreland said yesterday during the company’s Q3 conference call that Crown’s executives used to refrain from speaking with any specificity about carrier deployments, but “over the last couple of years, we’ve sort of relaxed that standard, and probably spoken a little bit too much occasionally around specific carrier deployment plans.” But Crown’s easing of carrier build …
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 …
Central States Towers picks up $75m in new debt and equity financing
CIT Group Inc. announced that CIT Communications & Technology Finance served as sole lead arranger and administrative agent in a senior secured credit facility to Central States Tower (CST), a leading middle market operator and developer of wireless communications towers and a portfolio company of Sweetwater Capital, LLC. Terms of the transaction were not disclosed. “We have maintained a strong …
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 …
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 …
Clear Channel Outdoor Americas and Vertical Bridge announce landmark partnership
Vertical Bridge, the largest U.S. private owner and manager of wireless telecommunication infrastructure and Clear Channel Outdoor Holdings, Inc., a subsidiary of iHeartMedia Inc., today announced the signing of an exclusive multi-year agreement for the management and marketing of wireless deployment on Clear Channel Outdoor America’s (CCOA) billboards and other out-of-home assets in 45 of the top 50 U.S. markets. …
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, …
Indiana looking for firm to manage its 300 cell towers on park land
Indiana is working on plans to design and build Indiana’s first new inn at a state park in more than seven decades, and Gov. Mike Pence has said the lodge will be paid for solely by the leasing of untapped capacity of more than 300 cell towers on DNR land. None of that cell capacity has been leased yet, state …
Time Warner’s fiber-optic backhaul supports close to 20,000 of the country’s cell towers
Charter Communications’ bid for Timer Warner Cable appears to have little opposition, and the $55 billion deal might be approved by the FCC by the end of the year. Included in the sale are two important industry assets, towers and backhaul. Although Time Warner’s total of 653 structures hasn’t grown considerably over the years, but will be complemented by Charter’s …
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 …
Subcarrier Communications acquires its Texas-based site management competitor
An industry pioneer in high performance wireless infrastructure development, Subcarrier Communications, announced its $2.1 million purchase of Houston, Tex.-based, AC Site Management. “The purchase of AC Site Management represents a logical next step in creating substantial value for Subcarrier, and for our customers,” said Subcarrier Communications CEO, John Paleski, adding that current and prospective Subcarrier customers “benefit through new service …
SBA disses DAS and small cells, preferring the macro site tower business for growth
Business relationships have an average shelf life of less than five years primarily because there is a lack of cohesiveness in shared visions. Tower owner SBA Communications and ExteNet Systems, a neutral host provider with some of the most profitable DAS locations in America, fit that model and decided to call it quits after five years, even though they seemed to …
Iconic Sutro tower’s history is provided with suppositions of ’60s backroom politics and collusion
If the legendary Mount Sutro broadcast tower in San Francisco was being proposed today it is unlikely that it would have much of a chance for approval as residents would mobilize in force to let city commissioners know of their concerns through open meetings and social media. But in the 1960s San Francisco had really bad television reception and perhaps …
Lawsuit win sees contractor’s claim doubled and ownership of 32 towers up for grabs
A court decision requiring the owners of tower consolidator Horizon Towers of Marblehead, Mass. to have 32 of their towers “liquidated and distributed or otherwise used to satisfy the creditors of debtor Eastern Towers, Inc.,” also awarded Timberline Construction of Canton double its owed $264,774 for new site builds due to an unfair or deceptive act. The open market will …
200-plus tower deal floats Vertical Bridge to 5th largest U.S. tower owner
CiG Wireless Corp., a leading owner and operator of wireless communications infrastructure in the U.S. has announced the signing of an agreement to be acquired by an affiliate of Vertical Bridge Holdings, LLC, a wireless communication towers company. Vertical Bridge is acquiring the company’s tower assets, including a geographically diverse group of more than 200 tower sites, in a transaction …
Climbing higher for techs will not be possible in Google’s grand plan
Although Google is currently developing wireless service plans that will prohibit tower technicians from climbing to maintain the transceivers – because they’ll be at an elevation between 23,000 and 65,000 feet in the stratosphere – this week’s announcement that the company intends to offer MVNO wireless connectivity to customers in the U.S. will also exclude techs from working on Google-owned …
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 …
Crown is exploring sale of its Australian towers and settling in the US
Crown Castle International Corp. announced today that it plans to explore the potential sale of its Australian subsidiary (CCAL). “In light of recent unsolicited offers we have received for our interest in CCAL, we have determined that fully exploring the options available to us will ensure the best long-term results for our shareholders,” stated W. Ben Moreland, Crown Castle’s President …
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 …
Varied opinions surface regarding Grain’s nTelos tower buy for $41 million
Although conversations at a Florida Wireless Association networking social of over 200 attendees last night ranged from carrier cap ex expenditures to planned business expansions of a number of key players, one frequent topic was Sarasota Fla.-based Grain Management’s purchase this week of 103 nTelos Wireless’ cell towers for $41 million. However, opinions differed regarding whether the $398,000 per-tower-deal made …
Vertical Bridge picks up iHeartMedia’s towers for $400 million
iHeartMedia today announced a deal to sell an undisclosed group of its radio towers to tower owner Vertical Bridge for up to $400 million. The broadcaster will continue to use the towers in a lease arrangement after the purchase closes, which is expected in the first quarter of 2015. iHeartMedia says the sale will help optimize its balance sheet and maximize …
.jpg)
