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Towers For Sale

Colby Synesael and Gregory Williams of Cowen and Company hosted an investor lunch with CFO Fran Shammo, Controller Tony Skiadas, and SVP of IR Mike Stefanski in New York City this week. Synesael commented in a research note about their discussion concerning Verizon’s potential sale of towers. “As management continues to consider the sale of its tower assets, management provided more insight into what they found particularly attractive about the AT&T tower sale to Crown, which was the impetus of Verizon’s interest,” he said.

Recent Stories

Pepro Installs 16 Radio Sites Across Western US

Pepro, a manufacturer of shielded enclosure systems for stationary and mobile applications, has just completed the installation of 12 radio sites. Four additional sites will be completed this month, totaling 16 locations in national forests and parks in eight states including California, Colorado, Idaho, Montana, Oregon, Utah, Washington and Wyoming.

Sprint Sparks 17 More Markets

Sprint has launched their Spark network in 17 additional cities, bringing the total to 46. Spark is the name given to the carrier’s tri-band LTE offering, which promises downlink speeds of 50-60 Mbps. Sprint expects to have 100 million people covered by the end of the year. According to Ben Munson at Wireless Week, “The new markets set to enjoy Sprint’s faster LTE network are: Bay City, MI; Cleveland, OH; Columbus, OH; Denver, CO; Flint, MI; Henderson, NC; Midland, MI; Minneapolis-St. Paul, MN; Mount Vernon, OH; New Philadelphia, OH; Odgen, UT; Sacramento, CA; Saginaw, MI; Seattle, WA; Sheboygan, WI; Tiffin, OH; and Youngstown, OH.”

Alaska District Gets New Tower for Emergencies

The town of Ketchikan, Alaska, has installed a 102-foot tall radio tower to support the Emergency Management Office. While replacing an older 30-foot-tall structure, the new apparatus is equipped with two aviation lights and a motor for rotating the 72-foot-long boom of a 2,100 pound directional antenna. “This upgrade will help the Alaska District remain operable during a crisis and to communicate with our headquarters and other responding agencies when normal means of contact have failed,” said David Spence, chief of the Emergency Management Office. (Site News) The Alaska District works with the Federal Emergency Management Agency (FEMA) when responding to major disasters. This new tower will allow emergency officials to communication, especially if another tower is down in the area.