AT&T, Verizon strike tower agreement in effort to diversify vendors Mon, 13 Nov 2017 19:54:01 +0000 AT&T Inc and Verizon Communications Inc said on Monday they have agreed to lease hundreds of new cell towers from owner and operator Tillman Infrastructure, a move they hope will give them more leverage in negotiations with major U.S. tower vendors. The U.S. cell tower market is currently dominated by three companies: American Tower Corp, SBA Communications Corp , and Crown Castle International Corp. The agreement announced on Monday shows that Verizon and AT&T, the No. 1 and No. 2 biggest U.S. wireless carriers, are willing to strike deals with other vendors to secure better prices for the towers they use to transmit wireless signals, analysts and company officials said.
Will Bull Run Continue for Wireless Tower Operators? Wed, 01 Nov 2017 14:16:02 +0000 Wireless tower operators in the United States had a strong showing in the last one year. We believe there are several reasons for this dream run to continue in 2018.
Buy signal blares for cell-tower stocks in 2017 Tue, 31 Oct 2017 20:44:59 +0000 A hitch in a proposed merger of U.S. wireless carriers Sprint Corp (S.N) and T-Mobile US (TMUS.O) has further boosted buoyant shares of cell tower stocks, which could benefit if there is no combined company to cut costs by reducing tower usage. Shares of American Tower Corp (AMT.N), Crown Castle International Corp (CCI.N) and SBA Communications Corp (SBAC.O) all closed up more than 2 percent on Monday. Reuters on Monday reported that SoftBank Group Corp (9984.T) and Deutsche Telekom AG (DTEGn.DE) have reached an impasse in their talks to merge Sprint and T-Mobile.
SBA Communications (SBAC) Beats on Q3 Earnings and Revenues Tue, 31 Oct 2017 15:09:03 +0000 At the end of the third-quarter 2017, SBA Communications Corp. (SBAC) owned total sites of 26,764. Of the total, 15,959 were domestic and 10,815 were international sites.
SBA Communications beats Street 3Q forecasts Mon, 30 Oct 2017 20:11:20 +0000 On a per-share basis, the Boca Raton, Florida-based company said it had net income of 41 cents. Earnings, adjusted for non-recurring gains, were 26 cents per share. The results beat Wall Street expectations. ...
SBA Communications Corp. Class A to Host Earnings Call Mon, 30 Oct 2017 14:10:00 +0000 NEW YORK, NY / ACCESSWIRE / October 30, 2017 / SBA Communications Corp. Class A (NASDAQ: SBAC ) will be discussing their earnings results in their Q3 Earnings Call to be held on October 30, 2017 at 5:00 ...
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