The Executive Board of the Telecommunications Industry Registered Apprenticeship Program (TIRAP) announced today that David Sams, Vice President of Risk Management with SBA Communications, was elected Chairperson of the group. Paul Roberts, Vice President of Compliance for American Tower Corp., was elected Vice-Chairperson, and Beau Aero, President and Founder of GME Supply, was elected Secretary. Former Chairman Scott Kisting was …
‘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 …
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, …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
Crane collapse takes the life of a 51-year-old Texas industry worker
Update: April 26, 2017 – The cell tower compound that RMCI’s crane toppled into is owned by Crown Castle International. April 25, 2017 – A 51-year-old industry worker was killed yesterday afternoon when a crane tipped on its side in downtown Dallas, Tex., crashing into a cell tower compound in the 1700 block of Arts Place, according to Dallas Fire-Rescue …
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 …
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 …
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 …
Checkered contractor loses lawsuit after two tower tech deaths
Based upon substantial evidence to support their findings, a decision by the U.S. Court of Appeals for the Fifth Circuit has kayoed a wireless contractor’s final attempt to vacate the company’s serious violations of OSHA’s General Duty Clause and $7,000 in fines they received following an accident that killed two of their employees on May 28, 2013. Both men, employees …
Services set for tech who fell from a 160-foot Oklahoma monopole
UPDATE: Nov. 7, 2016 – Services have been announced for Steven Lamar Hill, 44, of Chandler, Okla. by the Barnes Friedrich Funeral Home, 1820 South Douglas Blvd., Midwest City, Okla. beginning at 1:00 p.m., Nov. 9, 2016. Interment will follow at Elmwood Cemetery in Choctaw, Okla. UPDATE: Nov. 3, 2016 – Authorities have released the name of the deceased tower …
Free lanyards aren’t going to solve safety on monopoles after Lad-Saf sleeve recall and shortages
When Capital Safety/3M introduced their new vertical safety cable sleeve last March, the Lad-Saf X3, industry rumors circulated amongst some safety professionals and distributors that the use of legacy Lad-Saf sleeves could have resulted in a few serious injuries and deaths, either through product defects or misuse. But those could have been easily dismissed as anecdotal. In June, a number …
