MCLEAN, Va.-LCC International Inc. announced it plans to acquire all of the membership interest in Koll Telecommunication Services L.L.C.
Published industry reports state that LCC’s tower-ownership subsidiary, Microcell Management Inc., combined with KTS’ tower-management business will create one of the largest pools of towers available through a single company.
LCC has concentrated on building, owning and managing towers, while KTS has built its business on leasing towers for carriers.
“In addition to the 900 sites that KTS currently represents, LCC has more than 100 towers that are revenue-producing, in (the) process of construction or under contract,” said LCC President and Chief Executive Officer Geoffrey S. Carroll.
LCC plans to merge KTS’ program-management services with its own to strengthen its tower-implementation programs across the board in site acquisition, zoning, leasing and construction management. The acquisition terms specify that LCC continue to operate the KTS office in Mission Viejo, Calif., which will serve as a hub for all LCC customers on the West Coast.
“With the acquisition of KTS, we will have increased the size of our program-management business in excess of 50 percent, we will have eliminated a formidable competitor and acquired our first West Coast office, which will benefit all LCC businesses.
“From this point forward, our program-management business will operate as KTS, a wholly owned subsidiary of LCC,” Carroll stated.