Reality Could Slow A Sprint From Towers

Sprint’s news that it could be moving radio equipment from towers owned by American Tower and Crown Castle – and SBA Communications – to less expensive structures and networks continued to percolate yesterday, spawning a variety of reactions by the industry. One telecom analyst well versed with the tower told investors that “we would need to hear more details here because we would (quickly) point out that Sprint still has multi-year contracts in place with each of these tower companies.” For instance, noted the analyst, Crown Castle has another six-to-seven years on its current master agreement with the Japanese-owned, Kansas City carrier, and American Tower Corp. has five years left. Continue Reading