Diamonds in the Buckeye State

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_K6Fgzm-tnu4jp-UOygM_G8D2TaGmfyDZbodB3zwJkIGOzeyds9q2k150UJOWqeDw25EPPU3fkTqbhdM-7vyMWMLlC1XnnNmObhw7q6gNKPhymQprWXtyxkWqTMqkk-s_pL0w6-Gp2ZTwY86Q3SIg9ym-ygdkI9H8C5iW-o=s0-d-e1-ftThe Ohio Turnpike and Infrastructure Commission and Diamond Communications announced a tower license brokerage and management agreement. Under the agreement, Diamond has the exclusive right to market and manage the Commission’s communications towers, buildings, light poles and other structures owned or controlled by the Commission for the location of wireless carrier equipment. Diamond will market the Commission’s real estate holdings as potential locations for new communication towers that may be built on Ohio Turnpike property. It also will manage the Commission’s interests in existing ground leases and tower agreements on Commission property.

“This partnership with Diamond will help us take advantage of the growth of wireless carriers, data usage, new telecommunications sites and the next generation of wireless apps,” said Ohio Turnpike Executive Director Randy Cole. “Ohio Turnpike customers will benefit from an increase in wireless coverage along the Turnpike corridor and an increase in non-toll revenue for Turnpike operations.” “Diamond is excited to enter into this Management Agreement with OTIC as it significantly expands both our co-locatable wireless infrastructure assets and our portfolio of available real estate in key Northern Ohio Markets – an area where we already have extensive experience and deep carrier relationships,” said Peter Woodbury, President, Diamond Land Acquisitions and Site Management. “The entire staff at OTIC has been tremendous to work with in completing the management agreement and working through implementation. We are looking forward to a long and successful partnership with OTIC.”

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August 19, 2015 |
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