During American Tower Corporation’s second quarter earnings analysts’ call yesterday, President and CEO James Taiclet fielded questions regarding whether the company might need to reduce its carriers’ tenancy rates. Taiclet said, no. Answering Barclays analyst Amir Rozwadowski’s question regarding concerns about future lease escalator rates, with some carriers expressing “some consternation about how the compounding growth outlook of that cost …
Top U.S. towercos eyeing Deutsche Telekom’s towers in Germany
As America gets ready to celebrate Independence Day on Monday, considered by some to be the original Brexit, Deutsche Telekom is prepping the sale of thousands of its German towers in a potential $5.5 billion deal. Goldman Sachs and Morgan Stanly are organizing the sale of the structures. SBA Communications, American Tower and Crown Castle are on the invite list, according to …
“Simply trying to make a living,” couple is arrested for cell site copper thefts
Bossier Sheriff’s Office detectives arrested a Texas couple in early April for stealing copper from cell phone tower sites in Bossier Parish, La., but the case continues as charges are pending from neighboring parishes, and detectives are working with five other counties in Okla. regarding the same crimes involving this duo. According to a department press release, Charles Krupnik, 51, …
Two tower technicians are killed in two separate incidents
UPDATE: May 23, 2016 – Burial services were held yesterday for Thomas Edward Taylor, 37, of Purvis, Miss. who passed away when he was electrocuted on a jobsite in Wadesboro, N.C. on Monday, May 16, 2016. He is survived by two brothers, David Busha of Lamar County, and Chance Taylor of Tupelo, his mother, Bertha Taylor of Lamar County; his fiancé, Susie …
TowerCo eyes new acquisitions and build-to-suits after its $244 million tower sale to Grain
Company officials at TowerCo have announced the sale of 253 towers and 95 other assets to Grain Infrastructure II, L.P., a private equity firm in Sarasota, Fla., for $244 million. The sale marks the third portfolio of towers and assets sold by TowerCo since 2008 when the company sold 430 towers to SBA Communications for $193.5 million. The sale elevates …
Wireless industry tackles needed improvements for failing safety climb systems
Officials from the Telecommunications Industry Registered Apprenticeship Program (TIRAP), which aims to promote worker safety, quality and efficiency within the wireless infrastructure industry, gathered representatives from wireless carriers, tower companies and safety climb system equipment manufacturers to hold a Safety Equipment Manufacturers Summit to maximize the critical role safety climb equipment plays in protecting climbers. The purpose of the gathering …
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 …
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 …
Workshop panelists ferret out tower climber concerns and possible solutions
During his opening statement at a Department of Labor / Federal Communications Commission tower climber safety workshop on Feb. 11, 2016, FCC Chairman Tom Wheeler said that “everybody has to be proactive,” emphasizing the need to champion pre-emptive strikes by all wireless industry stakeholders in order to continue to improve upon a lower climber fatality rate that was achieved in 2015. …
FCC and DOL’s tower climber safety and apprenticeship program’s workshop agenda set
As part of the Federal Communications Commission’s (FCC) and Department of Labor’s (DOL) efforts to reduce communications tower-related fatalities and injuries, the FCC’s Wireless Telecommunications Bureau (WTB), the Occupational Safety and Health Administration (OSHA), and the Employment and Training Administration (ETA) announce the agenda for their upcoming workshop on tower climber safety and Telecommunications Industry Registered Apprenticeship Program (TIRAP). As …
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 …
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 …
