American Tower Corporation, Crown Castle International, and SBA Communications are acquiring tower sites right and left, begging the question, “will all the towers be owned by these companies in the future?” Small tower companies who own a handful of sites may be approached by these larger companies looking to purchase their towers, but will they be put completely out of business? Not according to Gary Hess, co-founder of American Tower Corporation and current Director of Vertical Real Estate at Clear Channel. “I don’t think that party [small tower companies] will ever be over because there are always locations that still need better service or more channels,” Gary said.
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