By the middle of next year most Tier 1 carriers' macro LTE buildouts are expected to be largely completed. Some carriers, such as AT&T Mobility, have indicated that the next phase of network evolution, to LTE Advanced, will be largely the result of software upgrades to existing network equipment. However, in an interview with FierceWireless, Crown Castle CEO Ben Moreland contended that despite that trend, there will still be a lot of cell site activity and amendments in the next few years.
AT&T agreed to sell and lease 9,700 of its cell towers to Crown Castle in a $4.85 billion deal, capping months of speculation about such a transaction and coming amid a flurry of tower-related deals.
AT&T is reportedly close to agreeing to sell its tower portfolio to Crown Castle. According to Bloomberg, the terms of the deal have not been finalized and could still fall apart.
HOLLYWOOD BEACH, Fla.--Further consolidation in the U.S. cell tower market will come from carriers choosing to sell non-core wireless tower assets and not from tie-ups between publicly traded tower companies, according to SBA Communications CEO Jeffrey Stoops.
Mobile operators are not going to suddenly stop investing in their networks once they've fully deployed LTE, said Jay Brown, CFO of tower company Crown Castle International.
Macquarie Infrastructure Partners, a unit of the Australian investment bank Macquarie Group, is shopping Global Tower Partners, the largest privately held operator of U.S. cell towers, according to multiple reports. The sale could net as much as $4 billion, according to the reports.
Sprint's decision to launch a nationwide TD-LTE network using Clearwire's 2.5 GHz spectrum could be a big win for the tower companies that will supply the sites for the buildout, according to an analysis by New Street Research.
AT&T said it is open to selling some of its non-core assets, which might include wireless towers, after a financial analyst said AT&T is looking to offload its towers in a deal similar to ones that its smaller rivals have made.
The Wireless Broadband Alliance has announced that it has added 14 new member companies in recent months to take its total membership up to 95, roughly double what it was a year ago.
ORLANDO, Fla.--Crown Castle CEO Ben Moreland said the company's decision to buy the rights to 7,200 of T-Mobile USA's towers for $2.4 billion was an effort to boost Crown's tower presence in dense urban markets where carriers' capacity needs will be greatest in the years ahead.