American Tower has recently entered into an agreement with Plum Creek Timber Company giving the company exclusive development rights to construct new towers on their property. This agreement provides the company with 6.4 million acres of land located in 19 states and access to that land with negotiated terms enabling expedited construction of new towers and reduced project cycle time.American Tower also has an agreement with Railroad Rights-of-Way, which provides 52,000+ miles of rights-of-way located in 40 states. Much of this property is located in urban or densely populated areas.
Written for the wireless tower industry.
Friday, June 13, 2014
American Tower Enters into Exclusive Agreement with Plum Creek Timber
American Tower has recently entered into an agreement with Plum Creek Timber Company giving the company exclusive development rights to construct new towers on their property. This agreement provides the company with 6.4 million acres of land located in 19 states and access to that land with negotiated terms enabling expedited construction of new towers and reduced project cycle time.American Tower also has an agreement with Railroad Rights-of-Way, which provides 52,000+ miles of rights-of-way located in 40 states. Much of this property is located in urban or densely populated areas.
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