.jpg)
High winds early this morning caused the collapse of 300-foot self-supporting tower in northwest Abilene, Tex. Owned by the Texas Department of Transportation (TxDOT), the structure is located at the Abilene District office at 45250 North Clack St. Crews discovered the downed tower this morning around 5 a.m, according to Cheryl Sawyers, spokeswoman for the TxDOT Abilene District. “We suspected …
American Tower’s stock goes through the ceiling as Crown Castle and SBA reach record highs
American Tower Corp. (AMT) reached record high trades this morning of $187.80, shrugging off analyst Jim Cramer’s March 4 bearish outlook on the stock when it was $178.57. On March 11, ATC rewarded investors by hiking its dividend to 90 cents. Eight executives had planned stock sales on March 10 at a price of $181.61 per share, with the largest …
Rescue crews still searching for victims following 23 tornado deaths
Rescue crews are still searching this morning for victims underneath smashed homes, trees and other debris caused by a tornado that ripped through Alabama Sunday afternoon, overwhelming the Lee County coroner’s office. Lee County Sheriff Jay Jones says crews with dogs and drones have combed over the hardest-hit areas, but there are many other areas that they still have not …
Blue sky wireless workforce shortage projections aren’t grounded with reliable data
No stranger to manlifts, climbing cell sites, and even ascending a 2,000-foot tower, FCC Commissioner Brendan Carr joined a Vinculums crew on Wednesday to troubleshoot a cell site along a highway outside of San Jose, Calif. According to Carr, the problem turned out to be a bad connector on a sector’s transmission line. The Vinculums team, with Carr’s assistance, had it …
FAA obstruction lighting letter sheds light on requirement for sole source replacement parts
UPDATE February 25, 2019 — An ambiguous July 27, 2018 FAA letter from Khalil E. Kodsi, Manager, Airport Engineering Division, that could be construed to imply that tower obstruction lighting systems could only use original equipment manufacturer (OEM) replacement parts created confusion and industry-wide concern as reported by Wireless Estimator, below. Addressing the matter seven months later, in a letter …
3,511 broadcast stations added in the past decade as AM continues its decline
According to the FCC’s most current broadcast stations statistics, the nation saw an addition of 3,511 broadcast stations added to its ranks during the past 10 years, with the total number of commercially licensed UHF stations seeing a gain of 210 as VHF commercial stations saw a loss of 215. In addition, there are 167 fewer AM radio stations, but FM stations …
Two deals add 1,100 towers to Phoenix Tower International’s portfolio
Boca Raton, Fla.-based Phoenix Tower International (PTI) announced that it has reached an agreement with Uniti Group to acquire the ownership rights relating to over 500 wireless communication tower sites located across Mexico, Colombia and Nicaragua. Terms of the transaction remain confidential between the parties. The amount of the sale was approximately $100 million. Speaking about the transaction, PTI CEO, …
Former broadband advisory head and Quintillion CEO, pleads guilty to bilking investors of $250 million
Elizabeth Ann Pierce, the former CEO of telecommunications company Quintillion based in Anchorage, Alaska, and FCC Chairman Ajit Pai’s pick to head the FCC’s Broadband Deployment Advisory Committee, pled guilty Monday in Manhattan federal court to wire fraud and aggravated identity theft in connection with a scheme to use forged guaranteed revenue contracts fraudulently to induce investors to pony up more …
ExteNet sues Crown and NY DOT over shot clock violation, wants Crown’s contract revoked
In a be careful what you wish for reality incident, a subsidiary of Crown Castle is being sued for violating an FCC’s shot clock deadline as set forth by Congress in the Telecommunications Act of 1996, an action that carriers, Crown Castle and other vertical realtors petitioned the FCC to adopt. ExteNet Systems, Inc. filed its complaint on Monday against …
FCC admits to and fixes ASR flaw that allowed 40-plus illegal tower ownership changes
The FCC will enact a new procedure for reporting tower ownership changes in their Antenna Structure Registration System (ASR) on Feb. 14, 2019 to reduce the risk of unauthorized changes being made. The new process was propelled after the FCC found, as reported exclusively by Wireless Estimator, that in early 2016, a Wisconsin wireless contractor discovered a flaw in the ASR …
FCC Chief champions the need for the industry to build out 5G, complete repack
FCC Chairman Ajit Pai gave a keynote speech yesterday afternoon to a packed room of attendees at the National Association of Tower Erectors annual convention, NATE UNITE 2019 in Grapevine, Tex. The Chairman’s remarks were: It’s great to be with you this afternoon. And it’s great to be at the massive Gaylord Hotel. I guess you have to go big to …
Contractor survey uncovers some startling financial statistics that could trigger a 5G train wreck
In their drive to lower capex as they roll out 5G, carriers have created a troubling national Achille’s heel – a contractor base that has many companies swimming in debt with serious cash flow problems, according to results of an extensive nationwide survey taken by Wireless Estimator. The wireless contractor survey that was completed last quarter by 263 vetted companies, clearly indicates that …
Comments on contractor roadblocks set up by carriers that will derail America’s 5G race
Deeply concerned about the unsustainable state of wireless contracting, company executives provided 328 optional comments in Wireless Estimator’s extensive survey that was unveiled today. Armed with anonymity, it’s not possible to verify the accuracy of their statements. But it’s clear that their comments, in most cases, were well-thought-out summaries of the difficulties they are facing as carrier capex cuts, extended …
Carriers either ignore or are unaware of contractors’ higher than average truck roll expenses
Wireless contractors can’t be profitable with the hourly rates set by carriers and turfing contractors in many markets or the rates that they have to use to successfully win a bid, according to company executives who registered their concerns in an extensive nation-wide survey taken by Wireless Estimator that will be released this week. “They treat us like we’re a …
Services set for Feb. 2, 2019 for American Tower founder Steven Dodge
UPDATE: January 28, 2019 – Services have been announced for American Tower founder Steven Dodge who passed away Jan. 17, 2019 following a bicycle accident. Dodge is survived by wife of 44 years Anne Dodge (Bonita Springs, FL), sons Tom Dodge (Manchester, MA), Ben Dodge (Cohasset, MA), daughter Kristen Dodge (Kinderhook, NY), five grandchildren, and brothers Lowell Dodge (Boulder, CO), …
Night climbing requirements could be “putting profits ahead of tower technicians’ lives”
“It’s obvious, carriers are simply putting profits ahead of tower technicians’ lives,” said a Texas-based contractor’s safety manager last week, deploring requirements by some carriers to perform maintenance work during nighttime hours to keep subscriber service interruptions at a minimum. He was one of many company owners and safety professionals Wireless Estimator spoke with after there was a groundswell of concern following …
Tower technician dies during a South Dakota nighttime climb
UPDATE: January 18, 2019 – According to two individuals that are familiar with Andrew Psomas’ fall from a tower on Jan. 10 that took his life, the three-man tower crew he was assigned to was performing tiger team warranty work for AT&T on the 190-foot self-supporting tower. Psomas was reportedly at the 150-foot level when he fell. It is not …
‘Disruptive’ Vertical Bridge celebrates tremendous growth with 266,000 sites in just four years
Vertical Bridge Holdings, LLC, the largest private owner and operator of communications infrastructure in the United States, today announced that it has grown its portfolio to 266,000 owned, master-leased and right-to-master sites. The company, which is entering its fifth year of operations, also announced that it has built more than 500 macro towers for U.S. telecommunications carriers to date, with …
FCC given green light to start enforcing its new small cell regs on Monday
At the eleventh hour, the U.S. Court of Appeals for the Tenth Circuit yesterday denied a motion to stay the enforcement of the FCC’s September 27, 2018 Declaratory Ruling and Third Report and Order led by FCC Commissioner Brendan Carr. The new federal siting rules for small cells became effective Jan. 14, 2019, according to the order. A group of cities led by …
Broadband provider is suing the DOJ and FCC for foreclosure action from prison and wants $50+ million for slander
The FCC on Thursday reaffirmed its earlier decision that Hawaii-based Sandwich Isles Communications (SIC) knowingly defrauded the Universal Service Fund (USF) of more than $27 million for reimbursements it was not entitled to receive. In its order for reconsideration, the FCC said between 2002 and 2015, the USF provided nearly $250 million of funds to SIC to provide service to …
Exclusive interview with FCC Commissioner Carr addresses industry issues and our 5G future
Wireless Estimator Publisher Craig Lekutis and National Association of Tower Erectors Executive Director Todd Schlekeway recently conducted an exclusive interview with FCC Commissioner Brendan Carr in late December. In this extensive feature article, Commissioner Carr discusses the FCC’s role in paving the way for a 5G future, the nation’s networks’ resiliency, and restoration lessons learned, the importance of industry workforce development initiatives …
Valmont acquires industry-leading provider of concealment solutions, Larson Camouflage
Valmont Industries, Inc., a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced that it has acquired the operational assets of Larson Camouflage, the industry-leading provider of architectural and camouflage concealment solutions for the wireless telecommunication market. The undisclosed transaction amount was funded with cash on hand. The Company expects that …
MTA skirts zoning rules, but after Tarrytown dressing down removes its 150-foot monopole
A 150-foot monopole erected in September in Tarrytown, N.Y. enjoyed a scenic view of the eastern bank of the Hudson River, but was retired the weekend before Christmas to a flatbed truck in search of a new home. The tower was constructed by the Metropolitan Transportation Authority (MTA) because the Metro-North Police needed it to improved emergency communications. However, the …
AT&T issues its annual colo-pricing storm warning to the nation’s tower owners
In 2016, Bill Hogg, AT&T’s president of technology operations, made the clarion call to towercos that they must lower their lease rates because their model is “not really sustainable”. Last November, Susan Johnson, SVP of Global Supply Chain, AT&T in announcing an agreement with Tillman Infrastructure to build affordable sites that could be shared by AT&T and Verizon to pressure …
SPX acquires Carmanah’s marine and obstruction lighting businesses for $77 million
SPX Corporation, the parent company of Flash Technology, a leading manufacturer of obstruction lighting with their corporate office in Franklin, Tenn., announced Wednesday that it has entered into a definitive agreement to purchase the marine and obstruction lighting business of Carmanah Technologies Corporation for approximately $77 million. Following completion of the transaction, the results of the purchased business will be …
FCC Commissioner Carr and enforcement chief Starks’ limbo status could be decided within days
UPDATE: December 14, 2018 – U.S. Senator Joe Manchin (D-WV) has put a hold on FCC nominee Brendan Carr’s confirmation to a five-year term. Last week, the FCC announced that they were indefinitely pausing the release of $4.5 billion through Mobility Fund Phase II. “If the Chairman feels he needs to put the brakes on this program at this stage …
Bush 41 hit a communications tower and ‘hit the silk’, helping to save other lives during WWll
As the nation pays tribute to the 2,335 non-combatant servicemen killed during the Pearl Harbor attack 77 years ago today, it continues to grieve over the death of former President George H.W. Bush who was buried yesterday in Texas after a 70-mile train ride to his presidential library and museum. Bush, who leaves a kinder, gentler political legacy, also leaves …
Towerco stocks on a roller coaster as Canada arrests Huawei CFO Meng Wanzhou for extradiction to U.S.
News of the arrest of Huawei CFO Meng Wanzhou in Canada sent the Dow plummeting as much as 785 points today before the index staged a huge comeback and was just down 78 points at closing. However, some analysts believe it was also fueled by a looming trade war with China. Meng faces extradition to the United States. Towerco stocks tanked …
FirstNet hits one-third completion mark, AT&T’s network capacity to grow by 50% in 2019
According to AT&T CEO Randolph Stephenson at a UBS Communications Conference yesterday, the carrier is six months ahead of its contracted FirstNet deployment schedule, and the public-safety initiative will result in increasing the capacity of its network by 50% by the end of 2019. “We made a full-court press to pursue the FirstNet bid and win it. And there were …
Mayor and FCC commish could be rumbling if Ninth Circuit gets broadband rule petition
The City of San Jose, Calif. joined by cities and municipalities within the state as well as in Washington state, Nevada, Oregon and Arizona, have filed a petition in the Tenth Circuit to move their petition to review court case over the FCC’s September ruling to deregulate small cell deployment, from Denver to San Francisco’s Ninth Circuit known for interpreting …
A dozen tall towers come with Nexstar Media’s acquisition of Tribune Media for $6.4 billion
Nexstar Media Group, Inc. and Tribune Media Company announced today that they have entered into a merger agreement whereby Nexstar will acquire all outstanding shares of Tribune Media for $46.50 per share in a cash transaction that is valued at $6.4 billion including the assumption of Tribune Media’s outstanding debt. The proposed transaction will combine two leading local media …
CTI Towers’ employees give generously to support tower workers in need
The Tower Family Foundation was the recipient today of a $13,000 donation raised by the employees of CTI Towers. October was designated as “Charity Month” at CTI, where employees were able to donate personal funds to the Cary, N.C. company’s designated charity for 2018. “We are always amazed at the kindness of our employees to assist those in need. They …
Shocking tower collapse video shows an erector just two seconds away from death
Missouri State University (MSU) has released surveillance videos of the horrific 1,891-foot-tall guyed tower collapse that occurred in Fordland, Mo. on April 19, 2018 that killed a 56-year-old owner of a Washington state tall tower erection company. OSHA’s report, stating that both the managing consultant and the tower contractor were both at fault for the collapse, is available here. The …
Contractor and consultant share blame in deadly 1,891-foot tower collapse: OSHA
The Occupational Safety and Health Administration (OSHA) has issued a report detailing that an April 2018 tower collapse that killed Steve Lemay, 56, resulted due to design and construction failings by the managing consultant, Tower Consultants, Inc. (TCI) and the contractor, Steven Lemay LLC. The 1891-foot-tall guyed tower in Fordland, Mo. is owned by Missouri State University (MSU) and was …
Fewer contractors entering wireless construction as requirements increase and profits head south
A Wireless Estimator survey recently completed by 263 wireless infrastructure contractors has provided a wealth of information regarding carrier payment terms and other industry concerns that will be detailed in additional reports next month. However, the first evident troubling or possibly beneficial data unveiled is that new contractors are not entering the business as they did four years ago when …
T-Mobile asking for ruling as to the legality of an additional insured certificate
In a Nov. 9, 2018 filing, the Ninth Circuit has asked Washington state’s Supreme Court to consider whether an insurer must cover a carrier’s costs in a lawsuit alleging its subcontractor’s rooftop antenna installation caused damage to an apartment building in the Bronx, N.Y., stating that Washington state law is uncertain on a critical issue in the case. The Ninth …
Allan Tantillo joins Vertical Bridge as VP of New Technologies
Vertical Bridge Holdings, LLC, the largest private owner and operator of communications infrastructure in the United States, announced that Allan Tantillo has joined the company as Vice President of New Technologies. In his new role, Tantillo will focus on identifying and creating opportunities that help clients deploy new wireless technologies utilizing Vertical Bridge’s wide range of assets. “These are exciting …
T-Mobile/Sprint merger would cause substantial harm to nation’s workforce: CWA
The Communications Workers of America (CWA) has again reached out to the FCC, blasting the proposed $26 billion acquisition of Sprint by T-Mobile, alleging that the carriers’ claims that the merger would provide “robust competition to the 5G era” is a red herring and it will likely result in pink slips for 30,000 jobs across the nation. Last August, the …
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 …
Fed’s findings could stymie new OSHA tower rule and lead to adoption of A10.48 Standard
An extensive 266-page report from The Small Business Advocacy Review Panel (SBAR) regarding a possible new OSHA standard that would apply to all work activities performed on cell, broadcast and all other communications towers was released this week with 10 key recommendations (below) for OSHA to consider if they’re going to introduce a new industry safety rule. OSHA is required …
Carriers’ fuzzy Hurricane Michael outage math doesn’t add up
FCC Chairman Ajit Pai last week chided carriers for their slow progress in restoring wireless service in areas close to where Hurricane Michael made landfall. He called it “completely unacceptable.” Yesterday, he complimented broadcasters for their stellar job. “Another familiar aspect is local radio and TV broadcasters were unsung heroes in their first informer roles and in the aftermath,” Pai …
Hurricane Michael mauls cell service in three states after cutting through Georgia
When Hurricane Florence slammed into North Carolina on Sept. 17, it kayoed 718 cell sites, according to the FCC’s Disaster Information Reporting System (DIRS) which listed the counties that could suffer service interruption in four states. Hurricane Michael, the third-most powerful storm on record to hit the U.S., and the worst in 50 years, has almost doubled the number of …
Whether Dish Network builds 50,000 towers or collocates, contractors will benefit
Although media headlines state that Dish Network is considering building 50,000 towers throughout the nation at a cost of $10 billion to launch a new 5G network, it’s doubtful that they will, but collocations are a strong possibility for towercos. FierceWireless broke the story that Dish Chairman Charlie Ergen said at an investor’s conference that the company could spend up …
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 …
Repack cuts commercial UHF broadcast stations to below 1,000
According to newly released statistics by the FCC, the nation saw an addition of 110 broadcast stations added to its ranks during the third quarter, with the total number of commercially licensed UHF stations dipping below 1,000. In addition, there are fewer AM radio stations and far more FM translators and boosters. (VIEW BROADCAST CATEGORY COUNTS BELOW) Translator stations are primarily not new stations, …
Thanks to nation’s unsung tower techs, Florence’s NC cell site outages are down 77%
When Hurricane Florence’s full tally of cell site outages was identified in North Carolina on Sept. 15, tower crew restoration companies had already been servicing many of them, and the 1,063 outages were reduced dramatically to 787 the following day. Restoration efforts in North Carolina have brought the total of sites out of service to just 245, a 77% improvement …
Carriers’ post-hurricane snow job promos beginning to flood the media
Carriers are trying to outdo each other in presenting how well their network faired following Hurricane Florence’s slow destructive dance across the Carolinas. Now a tropical depression, Florence is still a life-threatening storm as widespread flooding continues to destroy homes and cut off communities from resources and cell service. Yesterday, in a press release, Verizon said their “network continues to withstand …
Cell site outages aren’t always aligned with commercial power outages
Assessing the correlation between commercial power outages and the ability for cell sites to keep operating with a backup power supply will be a work in progress for months to come as carriers and FCC analysts review data obtained through Hurricane Florence research. An initial question might be why Pamlico County which currently has the Pamlico River flooding New Bern and …
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 …
Infrared LED obstruction lighting is not required: FAA Obstruction Evaluation Manager
An ambiguous recent change to the FAA’s Obstruction Marking and Lighting bible left some obstruction lighting managers with the impression that the Advisory Circular (AC) now requires towers with a new FAA determination to include infrared (IR) LEDs in the L-810 and L-864 systems to make the red lamping more visible to Night Vision Imaging Systems (NVIS) and Night Vision …
Florence’s aftermath will see how hardened networks actually were
As the country’s wireless workforce marshals logistic resupply bases, for the next two days the nation’s carriers will extol the virtues of their hurricane preparedness capabilities’ public relations campaigns as to why they – and only they – can ensure a strong and reliable network when Hurricane Florence decimates the East Coast. As if they all used the same Word …
Not power, but tower structures will be put to the test as Hurricane Florence devastates the East Coast
It is now expected that Hurricane Florence will hit the East Coast Thursday as a powerhouse Category 4 storm, and possibly a Category 5, and the damage could be extensive – and long-lasting, especially for cell towers. A Category 4 hurricane has winds of 130 to 156 mph on the Saffir-Simpson Scale of Hurricane Intensity Initial winds of up to …
Contractor cash flow could be the real culprit in the US’s inability to quickly roll out 5G
It’s the delayed payments, stupid! Commentary – Although we’re treated to almost a daily dose of news about how macro and small cell siting issue delays could adversely impact a successful 5G buildout in America, initial data from Wireless Estimator’s industry-supported Terms of Payment Survey indicates that carrier-generated cash flow problems of contractors could be 5G’s Achilles heel. To draw …
FCC’s newly minted plan will clear the way for cheaper and faster 5G deployments
The FCC will vote in three weeks on a plan to accelerate next-generation 5G wireless networks around the U.S. by overriding some local rules that they believe will hold up deployment. FCC Commissioner Brendar Carr announced at a press conference today in Indianapolis that the plan is targeting deployment of small cell transmitters that are oftentimes subject to local delay …
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 …
Twister kayos Verizon self-supporting tower in Minnesota
A tornado touched down in Fosston, Minn. Sunday night taking out a 265-foot Verizon self-supporting tower, but sparing the equipment building, a fuel tank and the structure’s foundations.. Verizon will be providing temporary service to the small community of 1,500 residents. The buckled structure also supported the city’s owned and operated cable TV systems. Antennas that receive local channels were also …
Sprint’s new CEO hangs out with a Kansas tower crew to learn about the carrier’s upgrades
Receiving adequate direction from carrier supervisors, change orders in a timely manner, and closeout inspections when requested are concerns of 222 of the nation’s contractors that have taken an industry-supported survey that will close at the end of September. However, it’s likely that a Missouri-based contractor will not have a challenge with any of those problems for one Sprint 2.5 …
Lighting manufacturers question why a severe FAA directive letter was hidden from them
In an unrelated Google search on Aug. 6, 2018, a lighting contractor found an FAA document with a somewhat ambiguous two-paragraph directive regarding non-original equipment manufacturers’ (OEM) lighting system components that was published on June 27, 2018. It quickly spread throughout the obstruction lighting community because the industry wasn’t aware of it, and tower owners were asking their obstruction lighting suppliers …
Verizon appears to be disingenuous in stating contractors are paid within 30 days
Although Verizon’s payment term for construction contractors has been 30 days in past master service agreements (MSA), according to preliminary data obtained by Wireless Estimator in its active Terms of Payment Survey, the carrier has been pressuring contractors to accept 90 days. Most companies are pushing back, but a smaller segment of contractors said they are accepting the delayed payment terms …
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 …
Pai promises to put his boots on and get on the steel after hearing ribbing
At an FCC House oversight hearing yesterday, tower climbers took center stage when Congressman Pete Olson threw a ‘curveball’ at FCC Chairman Ajit Pai, when he jokingly suggested that Pai should climb a tower as Commissioner Brendan Carr had done recently in South Dakota, as can be viewed in the above video. That forced Pai to take advantage of Olson’s levity …
Monopole paint job gets too up close and personal with 132 cars
Some contractors that have been painting towers for years might have painted something other than the intended structure due to an unexpected gust of wind or a wand or other spray rig malfunction, but an Iowa contractor last month tallied 132 reasons why you shouldn’t trust Mother Nature. A crew from TeleWinCom Inc. painted an SBA Communications monopole off of …
‘Disruptive’ tower builder Tillman gets bankrolled with a billion dollars
Build-to-suit developer Tillman Infrastructure, currently building sites in over 36 states across the U.S., will receive up to $1 billion in additional funding from La Caisse de dépôt et placement du Québec (CDPQ) and global investment manager AMP Capital, with an initial investment of $500 million. Tillman’s biggest clients are AT&T and Verizon. Both carriers last year announced a joint …
AT&T and T-Mobile rumble in the 5G buildout PR jungle over city choices
AT&T said Friday that it plans to begin introducing mobile 5G to customers in a dozen cities this year, and they’re adding Charlotte and Raleigh, N.C. and Oklahoma City as the next three identified cities for their buildout, the carrier said in a press statement. These cities will join their previously announced cities of Dallas, Atlanta, and Waco Earlier this year, T-Mobile said it plans to …
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 …
CTI Towers appoints Kevin Travelstead as its Director of Sales
CTI Towers announced today it has named Kevin Travelstead its Director of Sales. Travelstead has been in the wireless industry for over 20 years with extensive experience in marketing and selling network development services. For Cary, N.C.-based CTI Towers, Travelstead will be responsible for leading the marketing and sales of the company’s tower assets. “Kevin has a wealth of industry …
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 …
AT&T needs to put part of their newfound billion dollars into workers’ billfolds
Commentary AT&T recently increased their wireless revenue just south of $1 billion by sneaking in an increased “administrative fee,” a line item squeezed in at the bottom of their monthly bill that will not be noticed by most of their 64.5 million wireless customers since it’s only $1.23 extra a month. In a statement to Fortune after being called out …
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, …
Industry pride shines as Pat Cipov is selected as Wireless Hall of Fame honoree
Accolades from all quarters of the industry have been coming in for Pat Cipov who was selected by the Wireless History Foundation (WHF) last week as one of its 2018 Wireless Hall of Fame honorees – the most recognized and highest honor acknowledging the leadership, innovation and achievement of each honoree in the wireless industry. In making the announcement, the …
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 …
T-Mobile/Sprint say they’re giving a wedding gift to the U.S. of $40 billion
T-Mobile has taken the next step in their merger with Sprint by filing their Public Interest Statement with the FCC emphasizing to regulators that the public will benefit from the merger. In making the announcement, CEO John Legere echoed the ever-popular need to be first with 5G, stating, “If we don’t take decisive, positive action, we risk ceding global leadership …
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 …
Settlement of $4.25 million to a first responder’s family after telecom tower collapse
The family of a Nutter Fort, W. Virg. firefighter was awarded a $4.25 million settlement agreed to by the Harrison County Court System yesterday. The resolved lawsuit and details from the defendant’s bankruptcy also bring into question whether better vetting of a contractor could have prevented his death. Michael Garrett was responding to a tower collapse on Feb. 1, 2014 when the …
From the Bronx to Boston, Crown’s employees made a meaningful difference
More than 1,700 Crown Castle employees participated in a day of service earlier this month, contributing more than 7,036 hours of planting, building, painting and cleaning up the nation’s parks. On May 9, Crown hosted the day of service as part of its Connected by Good community parks initiative. Doubling its efforts from last year, Crown identified 22 parks in …
Crop duster pilot killed as he topples 1,040-foot Oklahoma tower
Update: May 31, 2018 -Andrew Deterding, 57, of Pond Creek, Okla., owner of Andy Deterding Ag Aviation, who was flying an S2R-T34 Thrush plane on Wednesday when the aircraft struck a radio tower guy wire, has been identified as the deceased pilot. A post on his Facebook page, written by one of his children, states Deterding’s memories and stories will live on through “every …
Kicking osprey nest off of tower riles neighbors, but not environmental police
A homeowner living off of Center Hill Rd. in Plymouth, Mass. contacted the Massachusetts Environmental Police (EP) on May 17, informing them that she was watching ospreys nesting near the top of a nearby cell tower when “I saw men in harnesses come up the tower and, whey they got to the top of the platform, kick the nests off.” …
‘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 …
Geek guy Pai enthusiastically wants America to win the 5G race
FCC Chairman Ajit Pai, a self-described lover of geeking out infrastructure issues, three weeks ago scaled a utility pole in Gainesville, Fla., to get an up-close and personal view of how difficult it is to string aerial fiber. He also spent time with representatives of MillerCo, a Gulfport, Miss. nationwide wireless contractor, to learn about the exacting requirements of site …
Dish’s foray into 5G is already a soothing shot in the arm for nation’s towercos
Dish Network Chairman Charlie Ergen said that his company will be building a full-blown 5G wireless network that will cost $10 billion in an interview Wednesday at the Wireless Infrastructure Association’s Connect (X) conference in Charlotte, N.C. by former FCC Commissioner Rob McDowell. Ergen pointed out that current wireless networks are designed for approximately 300 million smart phone users in …
AT&T settles for a record $30 million to injured tower technician’s family
With a Philadelphia, Pa. jury trial scheduled to begin today to determine whether AT&T and other defendants were negligent and contributed to a tower technician falling 50 feet to the ground and causing him to sustain severe and permanent injuries, the carrier agreed to a $30 million settlement, the largest recorded payment in the U.S. to an injured wireless infrastructure worker, …
SBA’s Ciarfella joins National Wireless Safety Alliance Board of Directors
The National Wireless Safety Alliance (NWSA) announced today that Mark Ciarfella, Executive Vice President – U.S. Operations at SBA Communications Corporation, has been appointed to serve on the organization’s Board of Directors. The NWSA leadership made the announcement from the Wireless Infrastructure Association’s 2018 Connectivity Expo which is taking place this week in Charlotte, N.C. The NWSA, headquartered in Fairfax, …
FCC’s 2020 repack deadline is questionable following first year’s bleak build
After assessing the progress of the first 12 months of the broadband repack, and the immense pressure put upon the small cadre of contractors that specialize in tall tower broadcast work, the NAB is again championing the need for the FCC to address what the trade group and tower companies believe is an “unrealistic schedule” and the organization is urging …
PerfectVision and Trylon team up to ensure successful wireless rollouts
PerfectVision Manufacturing, a leading manufacturer of satellite, broadband, and wireless products, and Trylon, an end-to-end wireless infrastructure developer and tower manufacturer, have entered into a partnership agreement for a long-term joint manufacturing and distribution relationship to support the growing demands of the industry. The alliance will drive continued improvement in the quality and cost of products in the wireless marketplace by aligning …
FCC Commissioner Carr gets an enlightening Cook’s tour of tower site work
FCC Commissioner Brendan Carr today conducted a site visit to a communications tower located in Noblesville, Ind. The tour was facilitated by representatives from NATE, Crown Castle and Heartland Solutions Corporation. During his time spent on site, Carr visited with technicians and staff from NATE member companies Heartland Solutions and Crown Castle to discuss the work that is conducted on …
Crown Castle monopole destroyed in early morning Philly fire
Crown Castle is investigating the circumstances that caused a multi-tenant monopole to catch fire early this morning in Philadelphia. Firefighters were called to the cell site kocated just of the Schuylkill Expressway between Montgomery Dr. and Roosevelt Blvd. at about 5:15 a.m. after numerous drivers called in the fire that had swept through the center of the pole, igniting transmission …
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 …
AT&T’s CitySwitch agreement is a clear unveiling of their current tower leasing concerns
In a shot over the bow of the major tower owners signaling that they’re not pleased with their current leasing models and are looking for alternatives, AT&T announced today that the carrier and CitySwitch signed an agreement for building new cell towers to-suit based on future wireless network needs. CitySwitch will begin tower construction plans as early as the second …
Erector’s owner identified as the deceased worker in horrific Missouri tower collapse
Steve Lemay, 56, of Washington state, the owner of Steve Lemay LLC, has been identified by authorities as the erector who died yesterday morning when an 1,892-foot TV tower in Webster County, Mo. collapsed while his crew was performing structural upgrades in order for Ozarks Public Television KOZK to comply with their FCC repack requirement to move from channel 23 to …
Tech is killed after 1,892-foot tower collapses while being repack retrofitted
UPDATE: April 20, 2018 – The deceased has been identified by authorities to be Steven Lemay, the owner of the erection company that was performing structural upgrades. April 19, 2018 – An 1,892-foot TV tower in Webster County, Mo. collapsed this morning just before 10 a.m., killing a tall tower worker and injuring at at least five others with non-life-threatening injuries, …
Feds charge FCC chairman’s advisory head Elizabeth Pierce with a $250 million fraud scheme
When Quintillion Subsea 0perations, LLC CEO Elizabeth Ann Pierce ran her first meeting of the Broadband Deployment Advisory Committee (BDAC) on April 21, 2017 as its newly appointed chairman, she echoed FCC Chairman Ajit Pai’s message that it would be a priority of BDAC to remove regulatory barriers. She also knew, if the Department of Justice’s allegations are true, that …
Puerto Rico death is second industry tower tech fatality in April
A 28-year-old tower technician died Saturday after he was electrocuted while working on an AT&T LTE installation in Puerto Rico. According to sources knowledgeable of the incident, Josean Matos Rodriquez, employed by FM Technology Group of Dallas, Tex., was working on a residential rooftop when he came into contact with a 13kv power line. Authorities said the incident occurred at 10:50 …
FCC whacks Sprint & Mobilitie with a $11.6 million fine for non-compliant small cell installs
The Federal Communications Commission today announced settlements with Sprint and Mobilitie in two separate but related investigations into whether the companies completed proper tower registration as well as environmental and historic impact reviews prior to construction of wireless infrastructure facilities. The investigation was most likely initiated last April after Event Driven identified that Sprint appeared to have been complicit in providing …
It’s unlikely that company that stole 42 towers on paper will pay a $236K FCC fine
The FCC has proposed a penalty of $235,668 against Aura Holdings of Wisconsin, Inc. for the willful and repeated failure to provide truthful and accurate information to the Commission in submitting false and misleading information in 10 different change in ownership applications on the FCC’s antenna structure registration (ASR) website. Last June, Wireless Estimator broke the story of the FCC …
WIA’s Adelstein honored for wireless training and industry education work
Jonathan Adelstein, President and CEO of the Wireless Infrastructure Association (WIA), was honored today at the Wireless Connect conference held at the University of Maryland for his work to enhance training and education opportunities within the wireless infrastructure industry. Dr. Rikin Thakker, Faculty Member of the Department of Electrical and Computer Engineering at the University of Maryland, College Park, and …
Canada’s premier tower industry event is all set for April 17 and 18
Canada’s Structure, Tower & Antenna Council (STAC) will host its 3rd annual conference April 17 and 18, 2018 at the Hyatt Regency Calgary in Alberta. From its location in the Stampede City, the STAC 2018 Conference & Exhibition will feature two full days of discussion and presentations by industry leading thinkers on the most important issues in the Canadian tower …
Services set for Alabama tower tech, the nation’s first 2018 fatality
Services have been set for Melvin Ronnie Nelson, Jr., 34, a resident of Foley, Ala., who passed away Mon., April 2, while working on a new Verizon tower installation in Utica, Miss. Nelson was the first industry-related fatality in 2018. According to Hinds County Sheriff Major Pete Luke, “The tower was being erected just off Hwy. 27 near Bear Creek …
Outside engineer’s defective gin pole rigging plan is cited for three tower techs’ deaths
Calculation errors in an engineer’s rigging plan is being cited as the reason a gin pole broke loose from the 1,000-foot Miami, Fla. tower it was attached to, causing the death last September of three tall tower technicians employed by Tower King II, Inc. of Cedar Hill, Tex. The disclosure came to light this afternoon from Tower King II’s attorney, …
AT&T’s small cell ‘rat’s nest’ of cables is needlessly messy says former FCC senior exec
Dr. Michael Marcus, a former forceful proponent of new technology at the FCC for 20 years, who is recognized for getting the FCC to adopt rules for the 60 GHz mmWave bands in 1995, has taken AT&T to task for using a photograph of a small cell in Indianapolis in a Feb. 23 presentation to the FCC that he believes …
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 …
Leaving the cradle of earth, Vodafone and Nokia to create moon-based 4G network
The Moon will get 4G coverage next year, 50 years after the first NASA astronauts walked on its surface. In an announcement Tuesday, Vodafone said it plans to create the first 4G network on the Moon to support a mission by PTScientists in 2019 and has appointed Nokia as its technology partner. Berlin-based PTScientists is working with Vodafone Germany and …
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 …
NRA awards FCC chief Pai a long gun for his ‘courage’ to kill net neutrality
FCC Chairman Ajit Pai is a passionate and polished speaker. But on Friday he was flummoxed when he was about to speak at the Conservative Political Action Conference (CPAC) in Maryland when the American Conservative Union (ACU) and the National Rifle Association (NRA) presented him with the Charlton Heston Courage Under Fire” award, an honor that is given with the …
Lawsuit targets multiple companies in Ernie Jones’ tragic death
The widow of a well-respected and prominent Indiana structural engineer who died on Oct. 21, 2015 when he was crushed to death between an elevator and a guyed tower’s structural members has filed a wrongful death lawsuit in Oklahoma, where the incident occurred, against the owner of the tower, the manufacturer of the structure, the elevator manufacturer, and a contractor …
SBA Communications sets deeper tower roots in El Salvador
Millicom International Cellular S.A. (“Millicom”) has announced that its subsidiary Telemovil El Salvador S.A. de C.V. (“Tigo El Salvador”) has agreed to sell up to 800 wireless communications towers to a subsidiary of SBA Communications Corporation (“SBA”) in El Salvador. As a result of the transaction, Tigo El Salvador will receive approximately $145 million in cash. Additionally, the two companies …
Free exhibit hall pass is another enticement for heading to NATE UNITE 2018
Every year the National Association of Tower Erectors (NATE) adds new educational and event activities to it annual convention, the acknowledged premiere conference for the wireless construction and maintenance industry. This year is no exception as the organization introduces its free exhibit hall passes during the Feb. 19 through Feb. 22 NATE UNITE 2018 event at the Gaylord Opryland Resort …
Phoenix Tower acquires 215 tower sites from Digicel in the French West Indies
Phoenix Tower International (PTI) of Boca Raton, Fla. via its subsidiary Phoenix Tower FWI, S.A.S. announced today that it has closed its transaction with Digicel Antilles Francaises Guyane (Digicel) to acquire the ownership or management rights relating to 215 wireless communication tower sites from Digicel. This latest transaction solidifies PTI’s position as the premier tower company in the Caribbean. Terms of …
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 …
Washington’s ‘Little Red Book’ could easily save tower tech lives
The State of Washington Department of Labor and Industries’ (L&I) extensive Safety Standards for Telecommunications became effective Jan. 1, 2018, and in order to get the rule into workers’ hands, the agency, at no cost to the individual or their company, is providing a downloadable copy of the 129-pages of rules in Chapter 296-32 WAC. The department is also providing …
New broadcast stations’ 2017 count shaved in half following FCC’s reverse auction
According to newly released statistics by the FCC, the nation saw an addition of 609 broadcast stations added to its ranks during 2017, with 158 of them being low power FM stations. However, the repack auction has taken its toll. In 2016, an additional 1,365 stations were added, 55% more new broadcasters than in 2017. (VIEW BROADCAST CATEGORY COUNTS BELOW) The year saw the continuing …
Top 10 industry stories in 2017 trailed with one fake news article
Below are the top 10 articles that appeared in Wireless Estimator during 2017 based upon the number of views each one received, such as the September rigging accident that claimed the lives of three industry workers. It had 6,000 Facebook likes, was shared on LinkedIn over 900 times, and had been viewed over 48,000 times With Wireless Estimator’s safety-centric audience …
Akron jumps at $11 million telecom lease deal to fill budget hole
The city of Akron, Ohio has completed the sale of 15 lease agreements to Pittsburg, Pa.-based EIP Communications and will receive $11 million. City leaders were expected to move forward with the deal since they had already spent about $6 million that they had earmarked from the sale when they passed their 2017 budget nearly a year ago. The city …
Battery thief uses Verizon codes for multi-county Florida crime spree
A Ruskin, Fla. man with ties to the industry has been arrested by Hillsborough County Florida deputies for breaking into numerous cell phone tower compounds in Hillsborough and surrounding counties to steal backup power supply batteries. Authorities say that William Bingham, 40, broke into a Gibsonton cell tower site on Nov. 27 using Verizon access codes to get into the …
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 …
Big tower build bonanza for towercos and contractors announced by Sprint
Sprint CFO Tarek Robbiati last week gave the industry an early holiday present – thousands of new towers to be built across the nation. At the 45th Annual UBS Global Media and Communications conference, Robbiati said the carrier intends to spend upwards of $4 billion on its network during fiscal 2017, which ends in March 2018, and expects to increase spending …
FDH Velocitel restructures after QualTek acquires Velocitel assets
Following QualTek Services’ recent acquisition of the assets of the Velocitel wireless turf and Site Safe businesses from Willis Stein & Partners and Vision Capital, FDH Velocitel’s remaining business units have reorganized into FDH Infrastructure Services (FDH-IS). FDH Velocitel’s infrastructure engineering businesses, FDH and Stainless, have been restructured to preserve both entities’ long traditions of service excellence to the wireless, …
Cary lands Boston-based CTI Towers as they continue to expand
CTI Towers, one of the nation’s largest privately-held tower companies, announces it will be relocating its corporate headquarters to Cary, NC. CTI has been based in the Boston market since its inception in 2011. CTI will be moving to the Highwoods property at 5000 CentreGreen Way, and will commence operations at the location beginning in February, 2018. “With our continued …
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 …
CommScope’s AT&T antenna orders is first real sign of FirstNet’s deployment
In March, Barclays said that AT&T could start deploying the First Responder Network Authority (FirstNet) as early as June, but the announcement was one of many short-lived guesstimates. However, according to CommScope, they have received antenna orders from AT&T for FirstNet. In a Nov. 1 earnings call with analysts, Mark A. Olson, EVP & CFO of CommScope Holding Company said, …
Either there’s a shortage of COWs in Puerto Rico or FCC data
In order for Americans to experience a total solar eclipse of the sun on Aug. 21 and record it on their cell phones, carriers rolled out dozens of Cell on Wheels and Cell on Light Trucks for the two-minute event, but can’t seem to provide Puerto Rico with any more than 14 COWs and COLTs, according to FCC data, as …
Media is hoodwinked on ‘new’ federal Crown Castle siting lawsuit
A press conference was held Thursday morning in front of the Nassau County, N.Y. Supreme Court building announcing that a lawsuit has been filed by several Long Island homeowners challenging what they believe is Crown Castle’s installation of hundreds of unregulated and untested wireless facilities. Broadcast, print and digital media were there and sucked up the staged presentation with CBS2’s …
No injuries reported in Nebraska broadcast tower collapse
No one was injured this morning about 8 a.m. when a 500-foot broadcast tower collapsed in Lincoln, Neb. at 4100 Industrial Ave. The cause of the collapse is unknown, but two witnesses told Channel 8 Eyewitness News they heard a couple of popping noises and the tower just fell. Several TV stations broadcast from the structure and it also has …
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, …
Violent Florida contractor charged in $16 million DOD bribery and kickback conspiracy
Oct. 12, 2017 – Update and Correction: Timothy Donelson, who was arrested on Oct. 4 for participating in a bribery and kickback conspiracy was employed by Level 3 Communications, according to his LinkedIn page, during the period when he allegedly co-conspired with three other individuals who are charged with the issuance of almost $16 million in fraudulent invoices. Donelson’s arrest record identified that …
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 …
Joint agency team assesses Puerto Rico cell tower damage
A team from FEMA and Joint Force Land Component Command assessed damage to cellular and radio towers today caused by Hurricane Maria throughout the island of Puerto Rico According to Spc. Gabrielle Weaver, the team assessed several towers via helicopter in an effort to reestablish communication to the island. They are trying to make a list of which one is …
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 …
Lack of on-site generators, COWs, contributes to Puerto Rico’s still horrendous cell service
After Hurricane Maria’s catastrophic devastation of Puerto Rico’s cell sites, FCC Chairman Ajit Pai directed his staff last week to reach out to American Tower, SBA Communications and Crown Castle “to see how we can work together to address Puerto Rico’s communications needs,” However, according to over a dozen industry professionals interviewed by Wireless Estimator, the answers are already known …
High angle rescue brings down two tower techs in North Carolina
Two workers had to be rescued after being unable to get down from an approximately 125-foot Crown Castle monopole in south Charlotte, N.C. Thursday night. According to Charlotte-Mecklenburg Police, two techs were working on the tower, located at 1800 Rama Rd. when one of the men became ill. The other tower climber proceeded to help his coworker, but couldn’t assist …
Three Tower King techs killed in Florida after gin pole rigging failure
UPDATE: Sept. 29, 2017 – Authorities have released the names of the three technicians who fell to their deaths Wednesday when a gin pole failed during an antenna installation project in Miami Springs, Fla. The men were identified as Marcus Goffena, 31, from Sidney, Ohio, Brachton Barber, 23, of Longwood, Fla., and Benito Rodriguez, 35, of Tampa, Fla. Brachton is …
FCC says wireless carriers remain competitive, but not by building new cell sites
Carriers captured high grades for competitiveness, according to the FCC’s Twentieth Mobile Wireless Competition Report, an annual analysis of whether there is effective rate rivalry with wireless operators Although the 34-page report provides a wealth of additional information to support competitiveness, according to Jonathan Adelstein, President and CEO of the Wireless Infrastructure Association (WIA), anybody who has turned on a …
Puerto Rico’s horrendous cell site outages complicated by generator/fuel theft concerns
Puerto Rico’s cell service is still devastated today with over 91% of its sites out of service, basically the same as yesterday. The horrific outages caused by Hurricane Maria are also being felt in the U.S. Virgin Islands where 60.4% of cell sites are out of service, slightly down from yesterday’s 61.3%. In San Juan, P.R., subscribers saw a poor, …
Carriers’ cell site outages to the FCC will not match their marketing hype
Commentary Although the nation’s four major carriers are reporting cell site outages in affected areas of Hurricane Irma to the FCC, and the Commission is providing daily compilations for a snapshot in time, such as today’s outages in Florida of 13.4%, carrier public relations officials are beginning to spin their hardened site assets at speeds off the Saffir-Simpson scale. On …
Rivada teams up with U.S. Cellular to entice New Hampshire to opt-out of FirstNet
Rivada Networks announced this morning that New Hampshire’s first responders “deserve a dedicated, purpose-built and statewide public-safety broadband network, and Rivada has teamed up with U.S. Cellular to ensure that mission is accomplished.” In Sept. 2016, Rivada Networks, Herndon, Virg., signed a no-cost, no-obligation contract with the state of New Hampshire to develop an alternative radio access network plan for …
Harvey-crippled cell sites are on the mend with 19% back as FCC adds nine new counties
According to the FCC, there are 3.8% of the cell sites out of service in the affected area of Hurricane Harvey, down from 4.2% yesterday. There are no counties with greater than 40% of cell sites out of service. There are no cell sites reported out of service in La. Since the peak of 365 cell sites out of service …
Hardened sites and resupply keep downed cell sites from Hurricane Harvey at 365
Even though flood waters are rising, there was only one additional cell site out of service today from yesterday as a result of Hurricane Harvey’s relentless rainfall in Texas and Louisiana. Carriers are attributing it to hardened cell sites and their disaster recovery plans that have intensified following previous hurricanes such as Sandy in 2012. There are 4.7% of the cell …
Harvey kayos 364 cell sites as carriers brace for more outages
After Hurricane Harvey hit the coastal tourist town of Rockport Tex., decimating communications in Aransas County, carriers reported to the FCC on Saturday that 18 of 19 cell sites were out of service. This morning, according to the FCC, the county is still without service, but more importantly, the percent of cell sites that are down in the affected counties …
Wireless industry works to maintain service for millions of Americans impacted by Hurricane Harvey
The wireless industry is working hard to maintain service for the millions of Americans across Texas and parts of Louisiana impacted by Hurricane Harvey, as data released by the Federal Communications Commission (FCC) showed that 95 percent of the thousands of cell sites across the region were up and running, although sites that are not operating are increasing. The nation’s major wireless carriers, AT&T, …
Charter advance allows SBA to break into the S&P 500 on Sept. 1
S&P Dow Jones Indices has announced that it will add Charter Communications Inc. to the S&P 100 Index on Sept. 1, providing the opportunity for Boca Raton, Fla.-based SBA Communications to become the newest S&P 500 company. Charter, which is part of the S&P 500, is replacing DuPont, which has been acquired by Dow Chemical Co., with the combined company …
Photos proved to be elusive for most tower techs, but not the eclipse’s enjoyment
Taking eclipse photos with their beloved broadband structures in the foreground proved to be a daunting task for tower climbers yesterday as they tried to capture the first coast-to-coast total eclipse of the sun in the past 99 years. And using NASA’s suggestion to take your ISO certified sunglasses and put them in front of your smart phone camera’s lens …
Crown Castle disputes whistleblower’s claim that it hid millions in fees from New York
A whistleblower lawsuit filed on Dec. 28, 2015 alleging that Crown Castle International has cheated New York out of millions of dollars by hiding fees it received from wireless carriers that were supposed to be split with the State has been unsealed in N.Y. State Supreme Court. The U.S.’s largest operator of towers and DAS systems is accused of filing …
Court tosses Tall Tower’s lawsuit filed after Vertical Bridge acquired Clear Channel’s towers
A lower court should have dismissed Tall Tower Capital, LLC’s lawsuit accusing Stonepeak Infrastructure Partners, LP of breaching an agreement in a deal to buy Clear Channel’s 472 broadcast tower assets, a Florida appeals court ruled Friday, finding that the firm had not established personal jurisdiction in Florida. A three-judge panel for the Florida Second District Court of Appeals unanimously …
Safe guy wire inspections explored in NATE’s newest Climber Connection video
The National Association of Tower Erectors (NATE) today unveiled a Guy Wire Anchor Inspection safety video as part of Volume 2 of the popular Climber Connection series. The video was released by NATE at the Association’s 2017 Summer Conference in Kansas City, Mo. The NATE Guy Wire Anchor Inspection video provides an overview of surface inspections and dig-to-block inspections, the two …
Circuit court confirms that the FCC set fair utility pole attachment rates
The Eighth Circuit denied a petition from the nation’s power and electric companies for review of a 2015 Federal Communications Commission order governing the rates utilities may charge telecommunication providers for attaching their networks to utility-owned poles. The court found the pricing decision to be just and reasonable, holding that the term “cost” in Pole Attachments Act, 47, U.S.C. 224, …
Mobilitie thumbs its nose at Houston’s pedestrians as it plants poles in the middle of sidewalks
After the City of Houston, Tex. Public Works and Engineering Department recently became aware that numerous DAS nodes had been installed on sidewalks, a City engineer promptly red-tagged at least one monopole that was erected by MasTec North America, Inc. for Mobilitie, LLC. It also prompted the department to issue FAQs on network nodes, below, that were released today. Council …
Legend uses power of the plug to rectify a FM station’s lease dispute
A Wyoming tower owner cut off electric to Northwest College’s KNWT transmitter after Legend Towers, LLC said that the campus was not in compliance with its lease agreement. As part of budget reductions more than a year ago, NWC leaders cut the college’s radio/television program, but KNWT stayed on air, continuing to incur their tower lease expenses. But the college’s …
AT&T’s FirstNet chief mum on new tower builds, questions ‘public safety grade’ towers
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 …
