Only in the wireless industry can a company threaten to go bankrupt to extort more funds from its investors…and have it work like a charm! Clearwire threatened to miss an interest payment and thus cause its debt investors to take over the company. This would have knocked Sprint, with 54% ownership, out of control over Clearwire. While the threat to miss an interest payment may have been a bluff, there is no doubt that Clearwire needed…
After decades of rapid growth in both the construction of new cell sites (towers and rooftop sites) and in the tower ownership industry, we are entering into mature market phase. Even the major tower companies acknowledge – by action if not by words – that the days of double digit growth in the domestic market are over. They are settling into the comfortable world of REIT corporate ownership structures while moving into international markets to find new…
Many folks in the wireless industry are worn out by waiting. Yes, you read that correctly. Waiting for something to happen can be exhausting. The due diligence is done. The contract may even be in place. Certainly, there is a need, and you are perfectly positioned to meet that need. But nothing is happening. It is nornal to be anxious as the days pass by and projects do not start. You are ready to work. You…
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