View Post

If you invested a few grand in these towercos at their low, here’s what you would have made today

In Featured News by Wireless Estimator

Crown Castle (CCI NYSE), American Tower (AMT NYSE) and SBA Communications’ (SBAC NASDAQ) stocks turned lower again this morning after tumbling yesterday. Down $5.21 at 10:30 p.m. today, yesterday, SBAC lost $1.76, closing at $296.90. AMT closed at $248.88 yesterday losing $3.42. This morning the stock was down $4.01. Yesterday’s loss for CCI was $3.80 when the stock closed yesterday …

View Post

Former FCC Chair Pai joins private equity firm Searchlight as its TMT rainmaker

In Featured News by Wireless Estimator

Searchlight Capital Partners, L.P. (Searchlight), a leading global private investment firm, announced the appointment of Ajit Pai, former Chairman of the Federal Communications Commission as its 13th partner and a prospective board member of a number of Searchlight’s existing investments in the technology, media, and telecommunications (TMT) sectors. Searchlight’s U.S.-based TMT investment companies include Consolidated Communications, Global Eagle, Hemisphere Media …

View Post

Repeater Communications/InSite Wireless Group alum announce the formation of RCG Tower Group

In Daily News Briefs by Wireless Estimator

Earlier this month, Paul Eisenberg and Michael Lifland, former Co-Presidents of Repeater Communications Group, LLC and Division Presidents of InSite Wireless Group, LLC announced the formation of RCG Tower Group, LLC. This new venture, similar to Eisenberg and Lifland’s prior collaborations, specializes in generating triple net lease revenue streams for landlords by leasing, developing, acquiring and operating co-located rooftop, in-building …

View Post

FBI shelling out $5,000 reward for info about sabotage of Texas communications towers

In Featured News by Wireless Estimator

The Dallas Division of the Federal Bureau of Investigation and the Wichita Falls Police Department are asking for the public’s assistance in identifying the individual(s) responsible for the damage caused to two communications towers in Wichita Falls, Texas. The FBI is offering a reward of up to $5,000 for information leading to the identification, arrest and conviction of the individual …

View Post

Long Island town believes it has the right to deny applications for nodes with ugly antennas

In Featured News by Wireless Estimator

The Town of Hempstead in Long Island, NY, last week aggressively replied to a summary judgment bid from Crown Castle that accused Hempstead of unfairly blocking the towerco from building 48 DAS nodes. In their response, Hempstead said that on January 18, 2017, Crown Castle submitted applications for the first 14 of 48 DAS nodes in the town’s right-of-way. The …

View Post

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 …

View Post

Early vertical realtor David Grain pulls together $3.75 billion in investment funding

In Featured News by Wireless Estimator

Washington, D.C.-based Grain Management, a leading private investment firm focused on broadband technology and the global communications sector, announced today that it has closed on $3.75 billion in funding the past year, exceeding its targets for purchase of spectrum and other investments. Grain participated in the Federal Communications Commission’s Auction 107 (“C-Band Auction”), the largest auction of mid-band 5G spectrum …

View Post

American Tower shocks industry analysts with its planned acquisition of China Tower for $17.4 billion

In Featured News by Wireless Estimator

Boston-based American Tower Corp. (ATC) is close to inking an agreement to buy China Tower Corp. Ltd. for $17.4 billion, a huge deal that will see ATC acquiring China Tower’s  2.2 million towers, expanding ATC’s 186,000 worldwide towers by 1,100 percent, according to a Forbes report today. The well-kept secret took the industry by surprise, and analysts are still trying …

View Post

From monopoles to barber poles, NWSA adds a new certification to buoy lack of broadband funding

In Featured News by Wireless Estimator

President Joe Biden unveiled a $2 trillion plan yesterday to rebuild the nation’s aging infrastructure dubbed the American Jobs Plan, with $100 billion earmarked to build universal high-speed broadband infrastructure. However, the White House did not say how they plan to move the package through congress, nor provide a timeline on when they want it passed. Earlier this month, 30 …

View Post

Lack of training kills a high school day laborer climber and his employer claims it was his own fault

In Featured News by Wireless Estimator

Lakaram Karanjeet was working part-time for Rise & Rise Wireless, Inc. while he was in high school. He died on June 28, 2019 when he fell from this New Jersey 150-foot monopole.  An investigation by Wireless Estimator into a lawsuit brought against multiple defendants exposes a wireless construction contractor that had no safety programs in place, few owned assets and …

View Post

Plaintiffs settle for $3.2 million in 2018 Missouri tower collapse that killed company owner

In Featured News by Wireless Estimator

Missouri State University and other defendants have reached a $3.2 million settlement in a 2018 deadly television tower collapse in Fordland, Missouri. The Springfield News-Leader reports the university’s attorney, Rachael Dockery, notified the school’s governing board of a “global settlement” in all the lawsuits filed about the incident. According to court documents, on March 10, 2021, a letter was presented …

View Post

Ice isn’t nice to century-old Champaign, Illinois self-supporting tower

In Featured News by Wireless Estimator

A 175-foot self-supporting tower collapsed Monday afternoon about 2:15 p.m. off of Meridian Drive near North Duncan Road in Champaign, IL. The tower is owned by Alliance Communications and company owner Stu Toft informed Wireless Estimator that the four-legged base sections, 115 feet, are about 100 years old. They originally were on the banks of the Mississippi River and were then relocated to Champaign. …

View Post

Verizon ponies up a whopping $45B for C-band licenses

In Featured News by Wireless Estimator

The Federal Communications Commission has announced the winning bidders and the final bid totals in Auction 107—commonly referred to as the C-band auction with Verizon (Cellco Partnership) pledging over $45 billion for 3,511 licenses. In Auction 107 net winning bids totaled $81,114,481,921 and gross winning bids totaled $81,168,677,645. Twenty-one bidders won all of the available 5,684 licenses. “It is essential …

View Post

Crown Castle sues after it’s told that its landlords have to agree to not build a competitive structure

In Featured News by Wireless Estimator

Crown Castle Towers, AT&T, and Sprint have brought a federal lawsuit against the Town of Riverhead, N.Y., the Town Board, Zoning Board of Appeals, Planning Board and the Town’s building administrator for alleged “unreasonable delays” and “unsupportable  effective denials” of their application to erect a 120-foot monopole. The template nature of the complaint, in part, is similar to the many …

View Post

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, …

View Post

Three tower techs rescued after being stranded in Utah’s Oquirrh Mountains

In Featured News by Wireless Estimator

  Update: February 23, 2021 – The technician that was taken to the hospital with hypothermia was responding to a maintenance issue for a tower site on Mt. Vision, about three road miles southeast of Nelson Peak and at thousand feet lower in elevation that transmits programming for KBYU-FM and KBYU-FM HD-1 and KBYU-FM HD-2. The company he is employed by is BYU …

View Post

Seven new tower agreements signed by DISH as ATC and SBA await word on their offers

In Featured News by Wireless Estimator

As DISH constructs the nation’s first cloud-native, Open RAN-based 5G wireless network, the company announced today it has signed seven new tower agreements. These agreements, with Harmoni Towers, Mobilite, Parallel Infrastructure, Phoenix Tower International (PTI), Tillman Infrastructure, Tower Ventures and Vogue Towers, provide DISH access to more than 4,000 towers and wireless infrastructure assets coast to coast. The vendors will also …

View Post

Legislation reintroduced to address the telecommunications workforce shortage

In Featured News by Wireless Estimator

U.S. Sens. John Thune (R-S.D.), Jon Tester (D-Mont.), Roger Wicker (R-Miss.), Gary Peters (D-Mich.), and Jerry Moran (R-Kan.), members of the Senate Committee on Commerce, Science, and Transportation, today reintroduced the Telecommunications Skilled Workforce Act, legislation to address the shortage of trained workers necessary to fill next-generation jobs in the telecommunications industry in communities throughout the country. NATE: The Communications Infrastructure Contractors …

View Post

Verizon to double the number of its mmWave sites this year

In Featured News by Wireless Estimator

To take over more of the country’s competitive landscape, Verizon said it will be making investment in mobile networks for the expansion of 5G Ultra Wideband in new and existing markets, the densification of the wireless network to manage impending traffic demands, and the continuous installation of the carrier’s fiber infrastructure across the US. During its Q4 earnings report, Verizon …