American Tower Corporation received approval from the Indian government yesterday to buy a 51% interest in Viom Networks, an independent mobile tower company in India, for $880 million. Establishing its presence in India in 2007, ATC India has approximately 14,000 towers in the country, but with the Viom deal it will take control of an additional 42,000 towers, putting its …
One company fined for not getting a small cell permit, another for not permitting inspectors
A cell site developer was fined $5,000 last month for constructing what appears to be a small cell without a permit, according to a citation document issued by the City of Baltimore, Md., and a Philadelphia, Pa. broadcaster was given an $89,200 fine for not allowing FCC agents on site to perform an inspection, and for being on a different …
Guyed tower collapses on White House lawn hurling lighting debris into President’s office
Washington’s federal buildings are still on lock down after a communications tower collapsed on the south lawn of the White House at about 8:12 a.m., according to Reuters White House correspondent Jeff Mason who witnessed the guyed tower “teeter for about a minute, buckle and then twist like a drunken dreidel before it smashed to the ground.” Capitol Police and Secret …
Botched Georgia base jump takes the life of a Hawaii man
According to authorities, one BASE jumper has died and two of his associates have been arrested following a jump from a television tower in Metcalf, Ga. Lieutenant Tim Watkins of the Thomas County Sheriff’s Office said that emergency personnel were dispatched to Friendship Church Rd. at the site of the tower around 3:30 a.m. yesterday morning. The Sheriff’s Office said …
Popular analyst’s tower sector downgrade will be tested in coming weeks
Commentary It almost appears that journalists have keyboard reader software on Wells Fargo analyst Jennifer Fritzsche’s computer since as soon as she writes something – even a knee-jerk observation – it instantly appears in the media as unchallenged sacred telecom guidance. So it was no surprise when Fritzsche downgraded the tower sector on Friday that it would be picked up …
American Tower’s CEO isn’t struggling after not receiving a raise in many years
James D. Taiclet, Jr., Chairman of the Board and CEO of American Tower Corp. (ATC), hasn’t received a raise again with his $1.1 million salary for 2016, but it is likely he is not complaining since his compensation committee takes care of him with handsome perks – and perhaps, rightfully so. Although his salary hasn’t increased in at least three years, …
A bright future predicted for wireless work by leading industry experts at NATE UNITE 2016
As three leading industry experts gazed into their crystal balls Tuesday during their NATE UNITE 2016 presentation, “The Future of the Wireless Industry,” their consensus indicated a robust build program that could last for more than a decade. However, Clayton Funk of Media Venture Partners, Christopher Fisher, Cuddy & Feder LLP; and Robert Paige, Vertical Bridge, cautioned National Association of …
Fall protection equipment malfunctions result in serious injuries for Texas climber
A 26-year-old tower climber is expected to be in intensive care for another ten days after he fell from a guyed tower in Rosenberg, Tex. when his personal fall protection equipment failed after he slipped from a brace on a climbing face as he was descending after a day’s work on an LTE project for AT&T. Wesley Scott, who had …
Tech is asking for $75,000-plus after being struck by an angle adapter
Update: Feb. 3, 2016 – The angle adapter referenced yesterday in a lawsuit brought by a Virginia Beach, Va. Tower tech that is suing American Tower Corporation after he was struck by it after it allegedly fell from the structure, was a “cable safety boot attached to an angle adapter with bolt that wasn’t attached to [the] tower properly,” according to …
Sprint provides a sound thrashing to Re/code for their scoop that duped journalists, tanking stocks
Sprint: Towercos have nothing to worry about – for now At two conference calls this morning, Sprint said that an article by tech website Re/code on Jan. 15, 2016, was not accurate, and Sprint CEO Marcelo Claure, during a media call, said the misinformation regarding a Sprint radical network overhaul “caused a lot of damage”. Re/code had claimed, according to …
Sprint should have a sanity check before it commits ‘Network Suicide’ with its pole plans
By Iain Gillott – Commentary Much has been written and speculated in the last week about Sprint’s network plans after the publication of a Re/Code article and the plan to significantly cut network expenses. Aside from the resulting pressure on the stocks of several wireless companies, including Sprint’s, it also appears that the article has caused Sprint to move up …
Report of Sprint dumping its tower companies is slowly being debunked as industry stocks nose-dive
After the media threw Sprint, American Tower, Crown Castle and SBA Communications under the bus during the past five days by republishing unsubstantiated statements that appeared on a tech website, without adding research of their own, editors are starting to reassess their ‘need to be first’ news blast that resulted in all four companies’ stocks tanking Friday. Sprint suffered the most …
Misleading Re/code Sprint story is long on conjecture, short on facts
Facts that would have made better reading and more sense By Ken Schmidt After reading Wireless Estimator’s article, “Towercos tank after radical unconfirmed report of government competition,” and seeing the original article from Re/code on Friday, I felt compelled to respond. It seemed reckless to me that a website like Re/code could publish an unconfirmed report, have it copied by …
Towercos tank after radical unconfirmed report of government competition
Report seen as ‘nonsense’ by siting professionals UPDATE, Jan. 19, 2016 – Deep diving industry expert Ken Schmidt has provided a detailed analysis of why Re/code’s “improper deductive reasoning” in their article doesn’t dovetail with available information regarding Sprint’s Next Generation Network. The story, published on Jan. 15, 2016, claimed that Sprint would be relocating its cell sites from American Tower Corporation …
Wireless workforce and supplier requirements for 2016 continue to be mostly upbeat
To project whether 2016 will be a banner, bust or somewhere-in-between year for wireless construction, and service and supplier providers, one has to simply search for the devil or angel that’s always in the details. Unfortunately, conflicting details and limited industry information clouds accurate projections. But the industry overall appears to be still creating jobs and there should be a robust …
Slim’s Telesites towerco spinoff is off to a rocky start
Telesites SAB, a spinoff from Carlos Slim’s America Movil SAB, has a majority of analysts recommending selling the shares. The wireless-tower company started trading in Mexico this week and after its debut on Monday when there appeared to be market interest, it proceeded to drop yesterday 2.9 percent to 11.99 pesos ($.70). Mexico City-based Telesites, created to manage the operator’s …
Mt. Wilson’s iconic Poole complex acquired by InSite Towers
A deal to buy the multi-tower Poole Tower complex on Mount Wilson in California that was expected to be close to being inked in April, according to a report in Wireless Estimator, took another seven months, but finally closed last week, according to Media Services Group’s Bob Heymann, Jr. who served as the broker for Poole Properties, in announcing the …
New York subway system’s DAS expansion welcomed in troubling times
With New York City going to high alert in response to the release of a new ISIS video that sets Times Square in the terror group’s bombing or chemical-warfare sight, New York Governor Andrew M. Cuomo’s announcement last Thursday that the Metropolitan Transportation Authority and Transit Wireless have launched the Phase 4 expansion of wireless, public safety and Wi-Fi services …
Lack of tower crews and antenna manufacturers cited as reasons to revisit repacking deadline
The National Association of Broadcasters has asked the Federal Communications Commission to reconsider the 39-month repacking window following next year’s TV spectrum incentive auction. The trade group commissioned a study from Digital Tech Consulting. The study concluded that the Commission’s three-month window for filing for construction permits falls well short of the actual time needed to submit and process the …
One tower is surely not in step with American Tower’s upbeat Mexico outlook
American Tower Corp. CFO Tom Bartlett said during the company’s Q3 analysts’ conference call on Friday that Mexico had 90% wireless penetration, but only had 45% smart phone saturation. He also said that the growth potential was excellent since, “We believe, like Brazil, that the market needs twice the number of towers to support 4G over the long term.” He …
