A California U.S. District Court judge has awarded Telecom Asset Management (TAM) $17 million in commissions after a three day bench trial that it said it was due after securing approximately $420 million worth of Verizon contracts for telecom network provider FiberLight. Judge Susan Illston awarded TAM the money after settlement discussions failed last month. TAM claimed that beginning in …
Civil lawsuit filed against Verizon as the culprit for tower collapses
A Massachusetts tower owner says Verizon acted without due caution in adding equipment to their tower, causing it to collapse in 2014, and they are suing the carrier for $477,000. In reply to the complaint, Verizon said that the damages were caused by “an act of God, and were not in reason preventable by human foresight, strength or care.” North …
American Tower’s chief says pressures to lower their tenant rates aren’t working
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 …
The sky doesn’t appear to be ready to fall upon tower company stocks anytime soon
Almost four months ago, a well-respected telecom financial analyst downgraded the public tower companies, later citing that she believed that a couple of the major carriers may be trying to bypass the major towercos – or at least presenting that posture so that they could control rising rent escalators. In a March 4 statement, Wells Fargo senior analyst Jennifer Fritzsche …
FCC’s new sweeping Spectrum Frontier rules will open up 11 GHz of spectrum
The FCC today adopted new rules for wireless broadband operations in frequencies above 24 GHz, making the United States the first country in the world to make this spectrum available for next generation wireless services. Building on the successful, flexible approach to spectrum policy that enabled the explosion of 4G (LTE), these rules set a strong foundation for the rapid …
Frontier Communications technician dies while the company is swathed in complaints
A Frontier Communications worker was working on overhead communications lines when he reportedly fell off a 15-foot-high ladder yesterday, according to Azle, Tex. authorities. The 64-year-old man was found lying on the ground on West Main Street around 12:45 p.m. and had suffered a severe head injury. It is not known whether the service representative was part of a team …
Eyes are on Sprint as T-Mobile, AT&T and Verizon provide favorable capex reports
Although subscriber growth is a good indicator of a carrier’s favorable outlook by analysts, capex is the tailwind of wireless infrastructure providers, and this week’s news deflated the sails of a number of analysts who have speculated that carriers would cut their capex in early 2016. In his typical over the top presentation with a 360-degree camera, T-Mobile CEO John …
Carriers agree upon network resiliency framework for disasters and emergencies
Carriers today said they’re in agreement on how to facilitate information-sharing in an effort to improve network resiliency before, during and after natural disasters and emergencies. House Energy and Commerce Committee ranking member Frank Pallone and CTIA the Wireless Association released the “Wireless Network Resiliency Cooperative Framework” with the backing of AT&T Inc., Sprint Corp., T-Mobile, U.S. Cellular and Verizon …
Verizon cell site opponent is convicted and opts for 18 months in jail
City council meetings regarding cell tower siting approvals can be rather contentious, but an Astoria, Ore. hearing on a request by Verizon Wireless last June to move an aging communications tower ended up with a man attempting to make a citizen’s arrest of the mayor, and then he was arrested, and yesterday was convicted for refusing to leave City Hall. …
FCC auction has kicked off with NAB and NATE still ticked off
The Federal Communications Commission’s (FCC) auction to buy spectrum from television stations, repack the spectrum, and then sell it to wireless providers, kicked off yesterday with broadcasters having to make a commitment as to whether and how they would participate. But a 39-month post auction deadline is seen as too compressed by the National Association of Broadcasters (NAB). And the …
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 …
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 …
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 …
FirstNet RFP hits the streets with a low end $6.75 billion price tag
Yesterday’s long-awaited request for proposal (RFP) for the US First Responder Network Authority’s (FirstNet) public safety network will provide the government’s selected carrier or contractor with $6.5 billion to support the project buildout, in addition to access to 20 MHz of spectrum, but the winning bidder will be required to pay FirstNet a minimum of $6.75 billion over the life …
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 …
