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Towerco stocks tank as Communication Services Sector declines 33% and REIT Index shaves 23%

In Featured News by Wireless Estimator

Towerco stocks notched a slight increase on Friday, but they’re still way off their 52-week highs. All four of the publicly traded companies saw significant declines beginning in December 2021, with considerable losses last week. DigitalBridge Group is down a reeling 45%, while Crown Castle Int. Corp. declined 26%, and SBA Communications Corp. saw a 25% drop. American Tower Corp. …

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After decades of leadership, SBA’s Bagwell and Hunt are retiring, Cane and Koenig to succeed them

In Featured News by Wireless Estimator

SBA Communications Corporation (SBA) today announced that Kurt L. Bagwell, Executive Vice President and President – International, and Thomas P. Hunt, Executive Vice President, Chief Administrative Officer and General Counsel, will retire from their current titles and roles effective January 1, 2023. Succeeding Bagwell and Hunt will be two long-time SBA officers and industry veterans. Richard Cane, currently Senior Vice …

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MasTec, SBA and DigitalBridge announce new leadership roles

In Featured News by Wireless Estimator

Ava L. Parker – MasTec Ava L. Parker has become a member of MasTec’s board of directors, according to a company press release. She joined the board as a Class III director in MasTec’s staggered board structure, MasTec said. “Parker serves as president of Palm Beach State College in Palm Beach County, one of Florida’s largest higher education institutions,” MasTec said. …

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Key execs believe certified tower technicians will lead the nation’s continuous build programs

In Featured News by Wireless Estimator

Attendees at NATE UNITE 2022 were provided an executive level overview of how field personnel will be taking control of their future as the wireless workforce becomes increasingly dependent upon new skillsets that will be required of technicians. The session, which also identified why companies are motivated to assist in their success, was presented by Mark Ciarfella, EVP, Domestic Operations, …

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WIA’s chief Jonathan Adelstein ends 10 years of service as he takes on new role at Digital Bridge Group

In Featured News by Wireless Estimator

The Wireless Infrastructure Association (WIA) announced today the upcoming departure of President and Chief Executive Officer Jonathan Adelstein. Adelstein has accepted a position as Managing Director and Head of Global Policy and Public Investment for DigitalBridge Group, beginning June 1.  A candidate search is being launched to identify his replacement. “These last ten years were among the most fulfilling of …

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Bogus BLS averages put larger wireless contractors at a greater risk of being red-flagged

In Featured News by Wireless Estimator

Avetta and other compliance vendors continue to use the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) data to initially assess the safety culture and performance of wireless contractors through metrics such as the Total Recordable Incident Rate (TRIR) average. Compliance vendors red flag contractors if their TRIR exceeds the BLS’s current TRIR averages, even though they are aware …

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The unvarnished Tennessee truth: Trained tower techs will save lives

In Featured News by Wireless Estimator

The nation’s tower techs take pride in their work and their ability to safely rescue a fellow worker if the occasion ever arises. Most techs will spend their career never having to perform an emergency rescue on a tower, but when it’s necessary, it’s nice to know that the men and women working alongside you have you covered. Such was the case …

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SBA’s Bernstein says ‘it’s time to tell the world’ about Skyfish’s drone photogrammety and $20M in funding

In Featured News, New Product News by Wireless Estimator

American autonomous drone maker Skyfish has secured over $20 million in venture funding led by Henry Wolfond, CEO of Bayshore Capital, and Steven Bernstein, the Chairman of SBA Communications. “After speaking with Skyfish customers, we quickly understood that Skyfish is unique in the commercial drone world, producing precise ‘engineering grade’ drone enabled photogrammetry and 3D Models of infrastructure,” said Bernstein. …

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Verizon signs C-band deals with Crown Castle and SBA Communications

In Featured News by Wireless Estimator

Verizon inked deals with Crown Castle and SBA Communications, two vertical realtors already hosting Verizon infrastructure equipment, to speed deployment of C-band equipment in preparation for the launch of 5G Ultra Wideband and fixed wireless broadband service on this newly acquired spectrum. Verizon secured an average of 161 MHz of C-band spectrum nationwide in the recent FCC auction, which will allow Verizon to …

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Colocations unknown as a sealed deal with American Tower provides DISH with it final site selections

In Featured News by Wireless Estimator

American Tower Corporation and DISH Network Corporation announced today that they have entered into a master lease agreement through which DISH may lease space on up to 20,000 American Tower communications sites. Through the agreement, DISH will secure access to American Tower’s extensive U.S. portfolio of communications sites as it deploys its new nationwide 5G network, and American Tower will …

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SBA inks a master lease agreement with DISH for its 5G network

In Featured News by Wireless Estimator

DISH and SBA Communications Corporation today announced a new long-term master lease agreement providing DISH access to SBA’s extensive nationwide portfolio of wireless communication sites. The announcement builds upon DISH’s continued progress in acquiring access to the essential infrastructure needed to deploy its greenfield 5G network coast to coast. As part of the agreement, DISH will lease towers from SBA, …

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After falling over 200 feet off of steel, high school junior is preparing for the 300-foot gridiron

In Featured News by Wireless Estimator

Last year, Uriah King was a standout running back for the Brownwood, Texas Freshman Lions and looked forward to a junior year of equally outstanding achievements. But on June 1, while the tower tech was at approximately the 225-foot level on a 359-foot tower while disassembling an AT&T antenna mount in Seale, Alabama for Texas-based King Strong Tower Enterprises, the …

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Is Ganzi’s Colony Capital at $2 an opportunity for those who missed out on profitable towerco stocks?

In Featured News by Wireless Estimator

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 — …

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SBA is doubling down on data centers after successful Chicago edge experiment

In Featured News by Wireless Estimator

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 …

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SBA Communications heralds 100 injury-free days milestone

In Featured News by Wireless Estimator

In 1989 when SBA Communications was the nation’s first company to actively build and acquire towers the company entered unchartered waters but was fully aware of the 1986 requirement to maintain their OSHA 200 log of recordable injuries and illness and maintain a safe environment for their employees. But as Boca Raton, Florida-based SBA staffed up over the years to …

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Cops collar the nation’s first cell tower terrorist accused of setting fire to two California sites

In Featured News by Wireless Estimator

Police arrested a Riverside, California 27-year-old man last week for allegedly torching two cell towers in Fontana and trying to burn a third structure using “homemade incendiary devices”. The Fontana Police Department said that Bryan Uriel Guzman was arrested on Thursday, June 11 and charged with arson to property, arson of structures and attempted arson. Bail for Guzman was set …

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Top towerco execs enthusiastic about the industry’s future

In Featured News by Wireless Estimator

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 …

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NATE’s quarter century show expected to be the best ever

In Featured News by Wireless Estimator

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 …