As we look back over the first half of 2017, there has been much non-activity on the merger front. Many people (myself included) expected greater merger and acquisition activity but other than a few fiber related transactions, nothing material has transpired. Sprint and T-Mobile are still separate companies, and DISH has not merged with or […]
We have been getting a lot of questions from investors related to FirstNet equipment and the potential impact on TowerCos, with most questions pertaining to the timing and revenue from amendment activity from FirstNet antenna modifications. You may recall that in AT&T FirstNet Revisited, we reviewed the impact of AT&T winning the FirstNet RFP and […]
First 6-sector cell site we have seen from T-Mobile. Most cell sites have 3-sectors. The additional sectors are added for capacity- note the LTE and AWS/PCS designations.
FirstNet Award to AT&T Confirmed: Checks Confirm Amendment Activity before Official Announcement Tickers: T, AMT, CCI, SBAC Tags: Ken Schmidt, Wireless Infrastructure In Examining FirstNet Assumptions 12/9/2016, we reviewed the likelihood that AT&T would win the FirstNet RFP and the impact on TowerCos, Equipment OEMs, and FiberCos. As the time, the FirstNet award was stalled […]
Don’t misread Verizon’s about-face on unlimited plans solely as a sign of network confidence. Tickers: VZ, T, S, TMUS, AMT, CCI, SBAC, COMM, DY, ZAYO Contrary to their previous explicit direction otherwise, Verizon announced on February 12th, 2017 that they would be offering an unlimited voice and data plan at rates slightly higher than […]
Implications: T, S, ZAYO, CCI, AIRO, COMM, DY, ERIC, NOK (Disclosure- author holds position in ZAYO) Looks like T's finally cutting over to small-cell investment as S continues to under invest. Carrier capex budgets for 2017 and forecasts for 2018 aren't out yet, but our checks indicate that AT&T, which has to-date been a relative […]
While the call itself was pretty understated as compared to even other CCI calls, it was in the Q&A where the call got interesting. Here is what we took from the call. TOWERS: ($115M organic revenue growth in 2nd Quarter) New Builds: In regards to new builds, CCI is not building many new towers- only […]
In an effort to establish a wider flight safety path for airplanes that might “lose power during takeoff,” the Federal Aviation Administration (FAA) has recently proposed that the maximum height of buildings near all U.S. airports should be reduced. Some industries have balked at this proposal, including real estate developers and cell tower companies. Wireless […]
In 2012, wireless subscriber use surpassed 100% – meaning that the average person in the US had more than one wireless device – and this upside is not going to end any time soon! In fact, wireless data use is expected to quadruple in the next five years, so it’s best to prepare in advance. […]
Building owners and tower ground leaseholders nationwide are being contacted on a regular basis by the wireless carriers and tower companies who occupy their property to grant access rights for fiber optic cable. As data demands increase dramatically, there is a need to improve the data throughput from the individual cell sites. The solution is […]