Wednesday, March 9, 2016
Tuesday, March 8, 2016
Radio Group Owner Appeals Tower Denial In Florida Keys
Bob
Holladay, owner of U.S. 1 Radio and four other stations in the Florida
Keys, has filed an appeal with state Department of Administrative
Hearings after the Monroe County Planning Commission agreed with a horde
of angry residents and swatted down Holladay’s request to build a new
199-foot monopole on Sugarloaf Key. The pole, he said, would be home to
his five radio stations and have rental space for cell carriers. Continue Reading
Monday, March 7, 2016
Wall Street Firm Sees Slow Down Ahead For Towers
Wells Fargo Securities analysts last
week downgraded the growth rate for the tower sector. The concern is
carriers are avoiding network contracts until 5G standards are
finalized, and the FCC’s incentive auction is complete.
In a research note, quoted by Fierce Wireless, the analysts noted, “Bottom line — we believe the industry is facing some growing pains right now in the U.S. Will it pass? Yes, we believe so.” They went on to say, “We believe the carriers are pushing back and new incremental growth will be harder from here as we wait for the spectrum auctions, FirstNet, and 5G decisions and standards all get sorted out.” Continue Reading
In a research note, quoted by Fierce Wireless, the analysts noted, “Bottom line — we believe the industry is facing some growing pains right now in the U.S. Will it pass? Yes, we believe so.” They went on to say, “We believe the carriers are pushing back and new incremental growth will be harder from here as we wait for the spectrum auctions, FirstNet, and 5G decisions and standards all get sorted out.” Continue Reading
Friday, March 4, 2016
Anchorage-Based GCI To Sell Tower Division
The Anchorage, Alaska-based
multi-dimensional communications company intends to sell its tower
division this year and gain up to $90 million, the company said
Wednesday. “During 2016, we expect
to monetize our urban wireless towers and rooftop locations for
approximately $90 million in a sale leaseback transaction. We will
redeploy and invest the cash received into our broadband infrastructure
in Alaska.” The
news was noted in the General Communications fourth quarter and full
year 2015 results press release issued Wednesday from Anchorage.
“We also anticipate selling our urban wireless towers in 2016, which will provide us additional capital that we intend to re-invest in the growth of our company,” said Ron Duncan, GCI’s president and chief executive officer. “This sale will support significant investments in a diverse fiber to the North Slope and continued expansion of our TERRA network. These steps demonstrate GCI’s commitment to being the leader in broadband infrastructure in Alaska.” Continue Reading
“We also anticipate selling our urban wireless towers in 2016, which will provide us additional capital that we intend to re-invest in the growth of our company,” said Ron Duncan, GCI’s president and chief executive officer. “This sale will support significant investments in a diverse fiber to the North Slope and continued expansion of our TERRA network. These steps demonstrate GCI’s commitment to being the leader in broadband infrastructure in Alaska.” Continue Reading
Thursday, March 3, 2016
Vertical Bridge Gets 200 Towers Taller Thanks to Alpha Media
Vertical Bridge, the
largest private owner and manager of wireless communication
infrastructure in the U.S., just got even taller in the tower world. The
Boca Raton behemoth has purchased
more than 100 tower sites and nearly 200 towers as part of the mega
acquisition by Alpha Media of Digity, LLC that closed last week.
Vertical Bridge adds 64 Alpha Media sites along with 49 former Digity
sites to its vast collection, upping its portfolio to more than 42,000
towers, rooftop locations, billboards, utility infrastructure and other
site locations that it owns, operates or manages. The company also noted that the deal “significantly” expands its geographic presence in key markets across the United States. Continue Reading
Wednesday, March 2, 2016
Nashville Tower Climber Climbs Down After Shaky Moment
A small crowd gathered around a
Nashville, TN tower as emergency workers assisted a maintenance worker
who called 911 from the top of the tower early Tuesday morning, March 1.
The tower is located in a shopping area south of Nashville, and
Nashville Fire Department trucks were easily spotted by shoppers and
other passersby as they arrived. The worker was there to perform routine
maintenance on the tower.
Continue Reading
Continue Reading
Tuesday, March 1, 2016
Plenty of Carrier Space Left on Ridgefield, CT Tower
What if they built a tower and no one
came? Well, that’s not exactly the case with Danbury, CT-based Homeland
Towers’ two-month-old tower in Ridgebury, but close. AT&T is on the
tower, the area’s tallest of eight towers, and it is filling in with
full-signal an area popularly known as a blackout zone, while the tower
owner waits for T-Mobile, Sprint and Verizon to climb aboard.
Continue Reading
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Rancho
Palos Verdes, CA, a coastal town in Los Angeles County and adjacent to
one of America’s most-populated cities, has a new ordinance regulating
how wireless cell towers are approved and installed, after residents
worked together to pressure town officials following a misunderstanding
last July. The City Council passed the stricter law last week. Rancho
Palos Verdes currently has 140 wireless towers operating throughout the
city.