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SBA: US carrier customers ‘a little less active’; company raises guidance

Telecom tower and infrastructure company SBA Communications raised its guidance for the full year and touted a new master lease agreement with AT&T, but its executives also said that while 5G deployment activity continues, the second quarter saw a slow-down. SBA reported net income...

Harmoni Towers to acquire Parallel Infrastructure

Harmoni Towers said that the combined company will own and operate towers across 41 states in the U.S. Harmoni Towers, which is owned by investment company Palistar Capital, announced that it has agreed to acquire Parallel Infrastructure from funds managed by affiliates of Apollo Global...

SBA: CBRS is ‘now,’ but ‘niche’; C Band is centerstage

SBA Communications is seeing some current activity in building out deployments of CBRS spectrum, but the company anticipates a much larger uplift from the nationwide deployment of the C Band. During the company's quarterly call, CEO Jeffrey Stoops was asked by an analyst...

Verizon signs deals with Crown Castle, SBA to accelerate deployment of C-Band equipment

To make the most of the $45.45 billion worth of C-Band spectrum that it recently acquired, Verizon has signed deals with Crown Castle and SBA Communications to accelerate the deployment of C-band equipment. Because C-Band spectrum requires new network equipment to be placed on existing towers, Verizon...

FCC’s ‘big news’ around tower co-location provides network predictability, cost savings

WIA CEO: 'towers are as just important for 5G as anything else' While moderating a panel at this year’s Connect(X) virtual conference event, WIA President and CEO Jonathan Adelstein remarked that in a world consumed with 5G, it’s important to remember that towers are just...

In the final countdown to CBRS, Federated raises $51 million in new funding

Federated Wireless gains backing from SBA Communications for CBRS-based private LTE Federated Wireless has raised $51 million in a Series C funding round, in the midst of the final run-up to the commercial launch of the Citizens Broadband Radio Service. The final regulatory go-ahead for Initial...

SBA Communications credits Q2 growth to carriers building 5G

SBA Communications CEO says substantial 5G network development will continue in the U.S. The second quarter was a strong one for wireless infrastructure company, SBA Communications Corporation, and according to SBA President and CEO Jeffrey A. Stoops, the company hit a significant milestone. “The second quarter was a...

Crown, now SBA, leveraging real estate for edge computing

Edge computing infrastructure needs assets tower companies already have If moves from two major tower companies are any indication, existing tower sites, given built-in access to power and backhaul, are well-positioned to support edge computing infrastructure. A move of compute resources closer to end users...

SBA CEO sees 5G-oriented activity on macro sites outside urban areas

The telecom tower provider said 5G will require the deployment of advanced radios and antennas across carrier macro footprints U.S. telecom tower provider SBA Communications continues to see 5G-oriented activity on macro sites outside of urban areas, the company’s president and CEO Jeffrey Stoops said...

What is driving tower amendment activity?

AT&T, SBAC, EXFO and Kathrein share perspective Modifications to cell towers and cell tower equipment are known as tower amendments. Although new tower builds have declined somewhat in recent years, tower amendment activity continues to be robust. “There’s a tremendous amount of touches … on the...

How will 5G impact carrier spending?

5G radios are still on the drawing boards, but wireless carriers are already taking the next-generation wireless standard into account as they budget for the years ahead. No one knows for sure what the evolving 5G standard will specify, but carriers are starting to...

How will 5G impact carrier spending?

Although "5G" radios are still on the drawing boards, wireless carriers are already taking the next-generation wireless standard into account as they budget for the years ahead. No one knows for sure what the evolving 5G standard will specify, but carriers are starting to...

UK carrier shares plunge, Oi files for bankruptcy … 5 things to know today

Oi bankruptcy will leave three primary operators in Brazil 1. The Brexit vote has wiped out billions of dollars of market value for British companies, including wireless carriers. Shares of Vodafone, BT Group, which owns EE, and CKH Holdings, (which owns Three), all sold off...

Tower companies take spending slowdown in stride

Analysts see limited impact, executives say investment continues With interest rates expected to rise and the next round of carrier network upgrades not expected for more than a year, some might say this is not the best time to invest in the tower sector. Others...

View from the top: tower company execs share insight

Executives share outlook for carrier spending, fiber and small cells DALLAS – Top executives from American Tower, Crown Castle, SBA Communications, Vertical Bridge and InSite Wireless shared industry insights this week with WIA President Jonathan Adelstein and an attentive audience at the Wireless Infrastructure Show. Carrier...

PCIA preview: 5 industry trends to watch

Emerging technologies, the capital markets, workforce issues, public safety, changing business relationships and merger activity will all be on the agenda next week at PCIA’s Wireless Infrastructure Show. Ahead of the wireless infrastructure industry’s annual spring show, RCR Wireless News takes a brief look...

Cell Tower News: Federal case consolidation; Vertical Bridge buys towers

Tragic federal case consolidation A 2014, fatal cell tower collapse in West Virginia saw action this week in the form of case consolidation. In February 2014, a tower in Clarksburg collapsed, killing two tower climbers and injuring others. The collapse caused stress on guy wires...

Cell Tower News: American Tower, SBA report growth

American Tower reports strong growth, SBA minimal In the excitement leading up to and during the recent NATE UNITE 2016 event, it seems the tower industry's financial update escaped us until now. As you'll recall, Crown Castle earlier this year reported its full-year and Q4...

Cell Tower News: FCC, PCIA, TIRAP talk safety, apprenticeships

FCC, PCIA stress safety improvement, apprenticeships The second Federal Communications Commission - U.S. Department of Labor Tower Climber Safety Workshop in Washington, D.C. took place this week. The focus of the event was threefold: providing guidance on best practices for improving tower climber safety, discussing comments...

Cell Tower News: Crown Castle names new CEO, posts quarterly results

Crown Castle announces new CEO, better than expected numbers Crown Castle International announced both its fourth quarter financial results as well as plans for a new CEO this week. The company's CFO Jay Brown is set to take over as both CEO and president from Ben Moreland beginning...

Cell Tower News: Tower stocks drop; SBA strikes back in court

Report on Sprint network hit tower stocks hard A now highly disputed article from Re/Code reported Sprint would be moving away from traditional cell towers and instead focus on microwave backhaul and "government owned properties." The report sent investors in tower companies and people all across the...

Investor reaction to Sprint’s network plans too hasty?

Stocks for Sprint and major U.S. tower companies fell dramatically after rumors the carrier was moving away from macro sites surfaced late last week. Sprint’s stock dropped 9% on Friday while American Tower, Crown Castle and SBA Communications lost 3%, 6% and 8% respectively. The...

Cell Tower News: Batteries stolen; AT&T rescues osprey nest

Batteries worth $100,000 stolen In what has become an all-too-common occurrence, police in the Salt Lake City area are looking for the perps responsible for a rash of break-ins and thefts at local cell towers. In just the span of a week, at least five...

Cell Tower News: Fatal collapse lawsuit reaches federal court

2014 tragedy reaches federal court The story of the fatal West Virginia tower collapse in 2014 continues this week as the case reaches federal court. This past June RCR Wireless News reported the 2014 collapse of two towers that killed three people and injured two others...