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 …
SBA seeks at least $1 million from two contractors after towers collapse
Boca Raton, Fla.-based SBA Telecommunications LLC and SBA Towers have filed a property damage lawsuit against S&S Communication Specialists Inc. of Oklahoma, and FDH Engineering, located in North Carolina, following the collapse of two communications towers that resulted in the death of three people. The complaint filed last month, asking for at least $1 million, states that both companies were …
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 …
Removing five diagonals and loosening 12 others cited for causing deaths, injuries
Four lawsuits that were filed in June against a tower owner and the contractor it hired to design and manage a structural reinforcement project in West Va. where two tower technicians died and two were injured after a tower collapsed, have worked their way from circuit court to federal court, and the defendants are alleging that it was the tower …
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 …
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 …
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 …
Presbyterians: 1; Evangelicals: 0 in Verizon’s cell tower search in Nebraska
Southern Heights Presbyterian Church members’ dream of a having a bell tower on their church property in Lincoln, Ne. came true when a 67-foot brick structure housing cell antenna was constructed recently along with the base station, and the electronic digital carillon bells will soon be in place with crosses covering the opening on each side. The community liked it, …
American Tower’s CEO unloads 47,000 shares and the 48-hour silly cycle begins
When a corporate insider such as an officer or director buys or sells their company’s publicly-traded stock they’re required to file a Form 4 with the Securities and Exchange Commission. American Tower Corporation Chairman, President and CEO James Taiclet did that yesterday when he sold 47,000 shares in a transaction that occurred the day before at a price of $100.99, …
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 …
Boca Raton, Florida is fast becoming the corporate hub of choice for tower owners
Thanks to early siting entrepreneurs Jeffrey Stoops and Marc Ganzi, Boca Raton, Fla. is fast becoming the hub for tower owners’ corporate offices as witnessed by numerous key players’ offices in a two mile stretch along and off of Congress Ave. SBA Communications CEO Stoops used to run his company from its corporate office off of Broken Sound Pkwy., almost within shouting …
National Wireless Safety Alliance’s Board selected to guide assessment and certification programs
The National Wireless Safety Alliance (NWSA) unveiled the organization’s inaugural Board of Governors roster today in an industry-wide announcement. The NWSA is a national non-profit assessment and certification organization that is under development to provide thorough, independent assessments of knowledge and skills and provide verifiable worker certification in order to enhance safety, reduce workplace risk, improve quality, encourage training, and …
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 …
In a surprise move, SBA walks out with cash and away from its investment in DAS
Five year DAS ride for SBA unexpectedly ends In a deal that took many industry observers by surprise, DAS developer ExteNet Systems, Inc. announced that Digital Bridge Holdings and Stonepeak Infrastructure Partners will recapitalize the company with more than $1 billion dollars, and Digital Bridge’s CEO Marc Ganzi will assume the position of Chairman of the Board. Key members of …
Crown Castle’s tenants per tower take a slight dip as revenues show a marked increase
Although Crown Castle’s site rental revenues for the second quarter were up $26.3 million over its 2014 quarter, the tower owner’s average tenants per tower for sites operated for 10 years or longer fell off slightly in all BTAs. The tenant per tower average in the top 100 BTAs for sites operated 10 years or more was 2.9 compared to …
SBA Communications’ ‘improper accounting’ whistleblower act charge is denied by court
A U.S. District Court judge has denied a former SBA Communications employee the right to sue under the Florida Whistleblower Act (FWA) since the alleged request for her to create false assets was not a company policy, but the court will hear her remaining three discrimination complaints filed in Palm Beach County, Fla. On October 7, 2014, former SBA employee …
