Just when the wireless industry breathed a collective sigh of relief as AT&T, T-Mobile, and Sprint finally kicked off their LTE projects, a new problem arose. There are too few tower crews and too many carriers needing their services. What had been a fair $15,000 installation project is now costing $22K up to $30K in some markets. Even companies willing to pay the higher rates cannot find crews available. What are the factors driving this low…
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…
Copyright © 2011 SellTower. All Rights Reserved.