Although American Tower Corp. and other towercos skated damage as flames licked their towers on Mount Wilson in California late last month, the Beachie Creek Fire in Marion County, Oregon on September 8, 2020, wasn’t kind to the tower owner as it ripped through a 120-foot guyed tower’s compound. The Oregon Department of Transportation captured the moments before the area …
T-Mobile inks a 15-year tower deal with American Tower
T-Mobile and American Tower Corporation announced today that the companies have signed a new long-term agreement designed to drive significant value for both parties over its nearly 15-year term. The new agreement enhances T-Mobile’s access to American Tower’s U.S. sites while locking in synergies and facilitating T-Mobile’s continued rapid, efficient deployment of broad and deep nationwide 5G. The agreement also …
FCC’s full day full-court press to develop O-RAN sported key industry experts
The FCC convened the top experts in the field yesterday in a ground-breaking virtual event to discuss the benefits of an Open Radio Access Network (O-RAN), the challenges of implementing it, and the lessons learned from recent deployments. FCC Chairman Ajit Pai lead the all-day sessions that included aroster of public- and private-sector experts who discussed the current state of …
Elderly Vertical Bridge AM tower goes horizontal after being walloped by 130 mph winds
A 310-foot self-supporting tower owned by Vertical Bridge that broadcast WMT-AM radio’s signal throughout Iowa collapsed last week after tornado-type winds swept through Linn County. According to the National Weather Service, a powerful line of severe thunderstorms known as “Derecho” tracked across Minnesotta, eastern Iowa, and northwest Illinois in the afternoon of August 10. Straight line winds were estimated to …
Is Ganzi’s Colony Capital at $2 an opportunity for those who missed out on profitable towerco stocks?
SBA Communications stock price closed at $311.28 Friday with American Tower’s stock at $257.61 and Crown Castle trailing at $168.19, but it’s still a price that cautious investors might shy away from during uncertain times. However, well-known wireless infrastructure magnate Marc Ganzi has what he believes is a wise investment, a $2 stock which he’s convinced has huge potential — …
SBA is doubling down on data centers after successful Chicago edge experiment
SBA Communications jumped into edge computing almost a year ago with the purchase of Chicago data center New Continuum to learn how to maximize their interest in the growing field that their competitors were taking an active role in, and the experiment was successful. During Monday’s Q2 earnings call, CEO Jeffrey Stoops announced that the company has bought their second …
Thriller in Manila: American Tower to get all nationwide permits in 16 days, but telcos could be seized
Philippine government officials threw the nation’s towercos a sweet sixteen party last week with the signing of an Anti-Red Tape Authority (ARTA) joint memorandum circular (JMC) titled Streamlined Guidelines for the Issuance of Permits, Licenses, and Certificates for the Construction of Shared Passive Telecommunications Tower Infrastructures (PTTIs). With the signed JMC, the oversight agencies have reduced the requirements and processing …
Fire in the field, MTN cell tower thief gets 500 years, Peter Sandore splits from wireless
Field fire kayos AM station, but only for hours Texas radio station KCTA, whose call sign means Know Christ The Answer, couldn’t find an immediate answer as to why their Corpus Christi 50 KW AM station went off the air last week. However, an Ionos Communications consultant quickly found that it was a field fire, luckily without brimstone, and technicians …
Tower techs put their life in danger if they accidentally disable a cartel’s ‘parasite’ antenna in Mexico
A tower tech in Mexico turned off the power to an American Tower site to perform routine maintenance and within minutes three armed men in fatigues embroidered with a prominent drug cartel logo braced him in the site’s compound since their “parasite” antennas on the structure for their narco-network went down. He was released with a warning “I was so nervous… …
Top towerco execs enthusiastic about the industry’s future
Executives gave upbeat assessments of the tower industry on the “View From the Top: Tower Executive Roundtable,” moderated by Jonathan Adelstein, President and CEO of the Wireless Industry Association during its virtual Connect (X) All Access conference yesterday afternoon. Panelists included Jay Brown, President and Chief Executive Officer, Crown Castle; Alex Gellman, Chief Executive Officer, Vertical Bridge; Jeffrey Stoops, President …
American Tower expects accelerated T-Mobile work beginning in Q3, manages COVID-19
American Tower Corporation reported steady financial results for the quarter ended March 31, 2020, emphasizing how the company is responding to the ever-changing coronavirus landscape. Tom Bartlett, American Tower’s Chief Executive Officer, stated, “Despite the challenges posed by the COVID-19 pandemic, we delivered a solid first quarter, including U.S. organic tenant billings growth of 5.6%, consistent international leasing activity and a 20% …
American Tower’s Taiclet to leave the tower space and go back to his roots in aerospace
American Tower Corporation today announced that Jim Taiclet, President, Chief Executive Officer and executive Chairman of the Board, will be leaving the company to become President and CEO of Lockheed Martin, where he currently serves on the company’s Board of Directors. Taiclet, who was President of Honeywell Aerospace Services, joined American Tower in 2001 as President and Chief Operating Officer and …
NATE’s quarter century show expected to be the best ever
Raleigh, North Carolina will host NATE UNITE 2020 beginning Monday as communications infrastructure contractors and suppliers come together to benefit from the association’s 25th conference and exposition, widely regarded as the premier wireless infrastructure show in the nation. Trying to identify the best educational or training sessions to attend is challenging because they’re all exceptional and are being presented by …
Readers question why Tennessee rescue required emergency services assistance
A Tuesday rescue of a tower tech in LaVergne, Tennessee ended successfully, but it started a slew of social media posts and emails to Wireless Estimator questioning why the individual could not have self-rescued himself or rely upon a co-worker bring him to the ground instead of waiting almost an hour-and- a-half. HIPAA compliance prevented officials from responding to requests for additional …
Third copper thief in a gang of five pleads guilty of stripping 80-plus towers
An Illinois man pleaded guilty Wednesday to a federal charge accusing him of shutting down power to more than 80 cellphone towers across Missouri and Illinois to steal copper from the sites. He was arrested in Pike County, Missouri when a County Sheriff’s Office deputy saw the lights go out on a guyed tower near Eolia, and was indicted on …
American Tower’s revenues will tank in India if government fees create a carrier duopoly
India, once the darling of tower companies looking to expand their international footprint, is not where towercos might want to be today with the potential for a considerable tenancy drop if Vodafone Idea collapses under the weight of government license fees totaling $6.2 billion that are due by January 23, 2020. Vodafone Idea may not be able to pay the …
MTN’s Africa and Uganda joint venture acquired by American Tower for $523 Million
American Tower Corporation has reached an agreement for the acquisition of MTN’s 49% stakes in the company’s joint ventures in Ghana and Uganda. Valued at approximately $523 million, the deal is due to close by March subject to the standard regulatory conditions. The news follows American Towers’ completion of its purchase of Eaton Towers Holdings which will add 5,700 communications …
Industry veteran Mitch Henry named as Chief of Staff at CTI Towers
Longtime tower industry veteran Mitch Henry has been named Chief of Staff at CTI Towers. In his new position, Henry will be responsible for managing the day-to-day operations at the company. “I have known Mitch for almost 20 years and have the utmost admiration for him. He has a complete understanding of the business and has a keen sense of …
American Tower and SBA’s tower source in Brazil has now become their key competitor
For many years, both SBA Communications and American Tower Corp. have eyed Brazil as an excellent country to buy and build wireless infrastructure to serve the world’s fifth-largest country with 210 million people. Adding to their portfolios, in 2012 American Tower acquired 1,800 towers from Telefonica’s Vivo. Also, in 2012, SBA inked a deal for 800 towers from Vivo …
Oklahoma Congressman Mullin’s American Tower site visit captured in NATE video
NATE today released a video highlighting U.S. Congressman Markwayne Mullin’s (R-OK) recent site visit to an American Tower-owned communications tower located in Muskogee, Oklahoma. Congressman Mullin represents Oklahoma’s 2nd Congressional District and is a member of the influential House Energy and Commerce Committee where he has championed important communications and workforce development legislation. The video shines a spotlight on the …
