Global Tower Partners acquired the wireless assets, income and attachments built on Norfolk Southern railroad property from CitySwitch L.L.C. for an undisclosed sum. The assets include CitySwitch’s tower development and marketing agreements with Northfolk Southern’s railroad, including access and master …
Global Tower Partners
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Global Tower Partners added 235 towers to its inventory. The Florida-based company bought the new towers from AT&T Mobility; the towers span across 24 states.Financial terms of the deal, including the sale price, were not disclosed. Further, neither AT&T nor …
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Californian telecom provider SureWest Communications is slowly but surely moving further away from the wireless business. Today, the firm announced it sold 50 of its wireless communications towers to Global Tower Partners.Though the purchase is still pending, SureWest expects the …
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The companies listed below represent the largest independent national and regional tower companies in the United States. Also included below are the nation’s major wireless carriers and their tower portfolios. American Tower scored the top spot as the nation’s No. …
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Global Tower Partners acquired 549 communications towers from AT&T Inc., the company announced. Financial terms of the deal were not disclosed.The sale includes towers in 27 states.“The acquisition of these AT&T towers marks another major milestone in the growth of …
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Global Tower Partners, which boasts 2,500 wireless communications towers and more than 4,600 rooftop sites, has been sold for $1.4 billion.GTP owner The Blackstone Group sold the wireless tower operator to a consortium led by Macquarie Infrastructure Partners and Macquarie …
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BOCA RATON, Fla.-Global Towers Partners dashed speculation in the media indicating that the privately owned tower company is for sale. The company’s chief executive officer, Marc Ganzi, stated in an e-mail, “The stories of our impending sale for $1.5 billion …
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BOCA RATON, Fla.—Global Towers Partners dashed speculation in the media indicating that the privately owned tower company is for sale. The company’s chief executive, Marc Ganzi, stated in an e-mail, “The stories of our impending sale for $1.5 billion were …
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BOCA RATON, Fla.-Global Tower Partners may be the next tower company to get swallowed up as the industry’s giants fight over who will be king of the mountain. Global Tower Partners is owned by Blackstone Group LP, and, according to …
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BOCA RATON, Fla.—Global Tower Partners may be the next tower company to get swallowed up as the industry’s giants fight over who will be king of the mountain. Global Tower Partners is owned by Blackstone Group LP, and, according to …
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If it seems like the tower industry has been taken over by giants, consider that first and foremost, towers are real estate. Thus, the game is not necessarily played according to volume. Rather, the value of any given tower depends …
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Global Tower Partners expanded its footprint in the Western United States with an agreement to buy 78 towers from Chinook Wireless Communications, a carrier holding 1900 MHz licenses in eight basic trading areas covering more than 1 million people across …
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BOCA RATON, Fla.—Global Tower Partners expanded its footprint in the Western United States with an agreement to buy 78 towers from Chinook Wireless Communications, a carrier holding 1900 MHz licenses in eight basic trading areas covering more than 1 million …
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BOCA RATON, Fla.-Global Tower Partners says it’s scooping up 209 towers and 24 tower sites under construction as part of an agreement to purchase the wireless assets of TCP Communications, a Massachusetts-based tower company. The deal brings GTP’s nationwide collection …
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Global Tower Partners said it is bought Mesa Communications Group, a tower company that had about 250 towers in the Northeast, New England and Mid-Atlantic states. GTP now owns, manages and master leases some 7,200 sites, including 1,800 owned towers. …
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BOCA RATON, Fla.-Global Tower Partners said it completed the acquisition of the site management division of Tower Resource Management, which adds 3,676 new rooftop sites and seven new wireless communication towers to GTP’s portfolio. GTP now owns, manages and leases …
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Regional wireless operator Dobson Communications Corp. reported that its subsidiaries Dobson Cellular Systems Inc. and American Cellular Corp. completed the sale of 507 cellular towers to Global Tower Partners for $77 million. Dobson Cellular received $46.1 million for 323 towers, …
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Global Towers Partners said it has signed a definitive agreement to acquire 51 towers from Jesta Towers, a regional developer and wireless facilities owner with a focus on the Gulf Coast region. Terms of the acquisition were not disclosed because …
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Adobe Systems Inc. said it will acquire Macromedia in an all-stock transaction valued at around $3.4 billion. Macromedia sells a scaled-down version of its Flash player for mobile phones, technology that can display simple graphics and animations. As for Adobe, …
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NEW YORK-Affiliates of The Blackstone Group have purchased a major equity interest in Global Tower Partners from Great Hill Partners, said the company. The value of the deal was not disclosed. GTP owns and operates more than 642 wireless towers …
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NEW ORLEANS-Leap Wireless International Inc. continued its rapid evolution last week, signing a pair of deals with Verizon Wireless that will allow Leap to add nationwide roaming capabilities to its Cricket wireless offering and provide Verizon Wireless with another infusion …
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Both Leap Wireless International Inc. and Dobson Communications Corp. in unrelated deals said that with the help of Daniels & Associates, they are selling and then leasing back towers. Leap is selling 142 towers to Mountain Union Telecom L.L.C. for …
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Nortel Networks Ltd. said it will supply its converged multiple network offering to rural carrier Western Wireless Corp. Nortel said it will supply Passport 15000 Multiservice Switches to bring the carrier’s CDMA, GSM/GPRS and TDMA/AMPS networks onto one transport network. …
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Change has been afoot in the wireless tower industry. In the past 18 months, two of the industry’s five public players have gone through bankruptcy and returned, businesses have been divested and restructured, and stock valuations have fallen and risen …