Bloombergreported that AT&T is looking for buyers to purchase its wireless towers for approximately $5 billion. This influx in cash will help AT&T’s financials as they begin undertaking a $14 billion network upgrades. “The tower industry is consolidating, with fewer companies controlling bigger swaths of the equipment needed to transmit wireless signals amid booming demand for mobile communications,” Bloomberg explained.
American Tower recently agreed to purchase Global Tower Company and rumor has it that the company is on a bit of a spending spree. American Tower is the largest owner and operator of cell towers in the United States. If they are looking to secure that status, they may consider purchasing AT&T’s towers. However the other two players in the industry, SBA Communications and Crown Castle International, may consider making a deal with AT&T to secure their role in the wireless industry and compete with American Tower.
September 19, 2013 | Tower-Pro
Today, the Public Broadcasting Service (PBS) announced that it has connect its Warning, Alert, and Response Network (WARN) to the Federal Emergency Management Agency’s (FEMA) alert aggregator using a customized implementation of TeleCommunication Systems’ Commercial Mobile Alert System (CMAS) gateway product. Once this system is fully functional, PBS WARN will allow cellular providers a free backup method of reciving Wireless Emergency Alert (WEA) messages. The connection to FEMA is a key step in implementing the WARN project and providing this service to cellular companies.
“The PBS WARN system will deliver CMAS emergency alerts (also known as WEA) via free, over-the-air digital TV signals broadcast by PBS member stations and other non-commercial licensees who receive the PBS satellite feed. Cell phone subscribers of participating carriers in the geo-targeted area will receive these critical messages as 90-character text messages with a unique alert tone,” according to the PBS press release.
The Wireless Emergency Alert system is similar to text messages, although it uses a different kind of technology to deliver the message immediately and make sure the message isn’t delayed on the wireless networks.
Dana Golub, executive director of WARN for PBS, said, “From being involved with the creation of the WEA standards to the design and installation of their CMAS solutions, we have benefitted immensely from TCS’ knowledge and experience. Helping to notify the public of emergencies, disasters and other important events is a natural extension of PBS’ mission, so we are thrilled to have reached this important milestone.”
September 16, 2013 | Tower-Pro
After American Tower announced their acquisition of Global Tower Partners (GTP), they made it clear that they are still on the lookout for more purchases. “This is a significant strategic milestone for American Tower,” Chairman and CEO Jim Taiclet said regarding M&A, “but it’s definitely not the end of the road.”
By acquiring GTP, American Tower will add 5,400 domestic towers to their portfolio. Below you’ll find an overview of the GTP Portfolio.:
›1/3rd of sites in Top 50 BTA’s
›2/3rd of sites in Top 100 BTA’s
›Average tenancy of ~2.0 per site
›63% of total revenue from sites on land that is owned or on long-term leases with 20+ years remaining
›2014E Revenue of $345m
›2014E Gross Margin of $270m (78% of revenue)
September 11, 2013 | Tower-Pro
Earlier this week the first Wireless Emergency Alert (WEA) used in Southern California happened in Murrieta. The WEA was a message alerting people in the area that there was an AMBER Alert out for missing children. The alert came in on Monday around 11pm. If you haven’t received one of these messages before, they are sent by authorized government agencies and the messages are pushed to your phones via your mobile carrier.
August 8, 2013 | Tower-Pro
While some people may find these alerts obnoxious or intrusive, these alerts are for emergency purposes only and will alert you of extreme weather warnings, local emergencies requiring evacuation or immediate action, AMBER Alerts, and Presidential Alerts during a national emergency. Some people are concerned that these agencies have their phone number on record and are tracking their location, but that’s not how WEA’s work. The agencies can activate the cell towers in the area and send a message to every cell phone that is WEA capable to let people know about the current threat. You can opt out of WEA messages for imminent threats and AMBER alerts, but not for Presidential messages.