Fresh off an announced acquisition of 450 tower assets yesterday, Global Tower Partners today said it closed on the purchase of Highpointe Group, a rooftop management and consulting business that was the largest site management company in Texas.Highpointe’s portfolio included 2,422 new managed and...
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 license rights to more...
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 RBC Daniels (which acted...
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 final price to be...
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. 1 tower company, counting more...
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 our company," said Marc...
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 Communications Infrastructure Group.GTP generates...
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 were wildly false and...
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 wildly false and exaggerated....
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 media reports, the buyout...
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 media reports, the buyout...
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 in large part on...
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 Montana and part of...
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 people across Montana and...
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 of owned towers to...
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."The Mesa acquisition solidifies our...
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 some 7,000 sites throughout the...
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, and American Cellular received...
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 both companies are privately...
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, the company and other...
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 and 1,800 rooftop antenna...
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 of wireless spectrum. Leap...
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 $18 million. It will...
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. "This new converged network...
