Towers

Towers

We provide the latest Towers news, analysis and opinion. In the Towers sector we cover companies including American Tower (NYSE: AMT), Crown Castle (NYSE: CCI), SBA Communications (NASDAQ: SBAC), Cellnex Telecom (BME: CLNX), and Vertical Bridge. Within Towers, we focus on the sub-sectors of wireless cell towers, TV & radio broadcast towers and mobile sites located on billboards.

Our towers news discusses how towers serve as the core network and the current underpinning of 4G/LTE networks. Further, towers are also central to the performance of 5G networks. Towers news includes updates on increased carrier activity to support rising data usage, technological upgrades, and new spectrum deployment.

These wireless carriers lease vertical space on the tower so that they as tenants can place their communications equipment on the tower. Each tower has the capacity to support 4 to 6 of these different tenants.

Within our towers news coverage, we also discuss the business model of towers. Specifically, how towers are characterized by recurring revenue, rental escalators, long-term contracts (initial term of 5 to 10 years), high operating leverage / incremental margins, low maintenance capital expenditures and leases to investment-grade counterparties.

Beyond the traditional wireless carriers, our towers news scope also extends to companies that lease space on towers to TV and radio broadcasters, public safety, and Internet of Things providers.

Overall, there are 154k towers, with 350k+ tenants operating in the United States. This makes the tower sector an incredibly diverse market to share towers news, analysis and opinion, on a daily basis.

Blackstone Infrastructure Partners Phoenix Tower International Towers

Blackstone Infrastructure Purchases 35% Stake in Phoenix Tower

Blackstone Infrastructure Partners (BIP) acquired a 35% stake in Phoenix Tower International (PTI) operating in the Americas and Europe, from Manulife IM.
Melody Communications Infrastructure Fund II Investment

Melody Raises $1.95bn for Communications Infrastructure Fund II

Melody Investment Advisors, a private equity firm, closed Melody Communications Infrastructure Fund II at $1.95bn in equity capital commitments.
3.45 GHz Auction Results AT&T DISH T-Mobile Columbia

3.45 GHz Auction 110 Results: AT&T, DISH, T-Mobile, and Columbia

The FCC released the results for its $22.5bn Auction 110 or 3.45 GHz spectrum band, which included AT&T, DISH Network, T-Mobile, and Columbia Capital.
Parallel Infrastructure Apollo Global Towers Tower United States

Apollo’s Parallel Infrastructure Scaling Past 1.0k United States Towers

Parallel Infrastructure, a build-to-suit (BTS) tower operator in the United States backed by Apollo Global Management owns a tower portfolio of 1.0k+ sites.
Crown Castle T-Mobile Tower Towers Small Cells Leasing Agreement

Crown Castle Secures T-Mobile for 12-Year Tower, Small Cells Agreement

Crown Castle entered into a 12-year agreement with T-Mobile US, which includes new tower leasing and a commitment to deploy 35k new small cell nodes.
Cordiant Digital Infrastructure Emitel DataGryd

Cordiant Digital Infrastructure Buys Emitel and DataGryd for $551m

Cordiant Digital Infrastructure will acquire Emitel and DataGryd, separate companies in the sub-sectors of towers and data centers, for a combined $551m.
Tower Towers Companies Company Inflation American

Inflation: Business or Valuation Risk to Global Tower Companies?

Global tower companies including American Tower, Crown Castle, and Cellnex Telecom face both a business and valuation risk from rising inflation rates.
Peppertree Capital Management Fund IX VIII Towers

Peppertree Capital Eyes Towers and Fiber with $1.2bn+ Fund IX

Peppertree Capital Management raised $1.2bn+ through its Fund IX to invest in towers, fiber and small cells usurping its earlier vintage, $927m Fund VIII.
DigitalBridge ÍslandsTurnar Sýn Nova Iceland Towers

DigitalBridge Buys 367 Tower Sites in Iceland, Forms ÍslandsTurnar

DigitalBridge Group, through Digital Colony Partners II, via ITP ehf, acquired 367 tower sites from Iceland’s Sýn hf and Nova hf, forming ÍslandsTurnar.
Vantage Towers 1&1 Germany Sites Contract

Vantage Towers Wins up to 5.0k Site Contract with 1&1 in Germany

Vantage Towers signed a 20-year contract with 1&1, a wireless carrier in Germany, to provide 1&1 access to colocation on up to 5.0k of its existing sites.