Inside Towers reported last week that Sprint was going to be building out its network with 9,000 new sites. Some new reports have surfaced claiming that Sprint could even build 20,000 new sites, but are they ready for this step? Senior Analyst at Wells Fargo, Jennifer Fritzsche, wrote, “Recent reports have Sprint ready to announce 9K – 20K new cell sites. How would this be received? Positively in our view. Yes, this would most definitely be a big capx nugget.
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By Michelle Choi, an insider at Lease Advisors
With the growing demand for data coverage, the need for infrastructure development, especially in terms of cellular networks, can fuel infrastructure investments and lead to greater productivity, job outlook, and innovations within the telecommunications industry. International Telecommunications Society (ITS) studies have shown a correlation between economic growth and productivity and the level of infrastructure investment that supports it.
The Kalamazoo Valley Community College in Michigan will launch their Cell Tower Technician Academy next month. The six-week program will train students how to build and maintain cell phone towers safely. Tom Sutton is the Director of Wind, Energy and Technology at Kalamazoo Valley Community College said, “What’s led to this great demand now is that many of your major carriers like T-Mobile, Sprint, and Verizon are in competition with each other, trying to get more and more bandwidth and more and more customers.
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New towers have been approved for the Independence and Union areas of Northern Kentucky. The Kenton County Planners expect more tower applications to be submitted as the major carriers work to boost their coverage in the area. “We’ve had 1G, 2G, 3G, 4G and now we’re coming up on 5G,” said Larry Perry, a national expert who’s working as a consultant for Planning and Development Services of Kenton County.
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