AT&T, Verizon and Tillman Infrastructure have entered into a joint agreement to build hundreds of cell towers, with the potential for significantly more new site locations in the future, Verizon says.
Tillman builds and operates towers, small cells and smart cities infrastructure. Verizon has in the past said it needs more flexibility from its tower suppliers, arguing that traditional tower leasing model with the large incumbents is not cost-effective or sustainable.
Tower leases for macrocells can cost from $100 a year to $150,000 a year, depending on location. An average leasing cost might be $1300 a month, according to Steel in the Air.
As in many other parts of the communications ecosystem, buyers and sellers often find their business interests do not fully align. Disputes between programming networks and distributors provide examples. So do negotiations between buyers of cell tower space and the suppliers of such space.
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