Economy

Verizon, AT&T Announce Agreement for Hundreds of New Cell Towers

Verizon, AT&T Announce Agreement for Hundreds of New Cell Towers”

AT&T and Verizon have partnered with a third company to build hundreds of cell towers, Verizon announced today.

It's notable that the two carrier giants chose Tillman Infrastructure, a relatively small company based in NY, instead of any of the top three cell tower companies in the US: American Tower, Crown Castle, or SBA Communications.

The companies said the new structures "will add to the overall communications infrastructure in the United States", filling gaps in current tower footprints, but will also enable the nation's two largest network operators to relocate equipment from towers they're now using.

These new structures will add to the overall communications infrastructure in the USA, and will fulfill the need for new locations where towers do not exist today. "It is imperative to reduce operating costs", Palmer said. The agreement could also add "significantly more" sites in coming years.

As part of the agreement, Tillman will construct the towers and AT&T and Verizon will serve as anchor tenants.

"This is Verizon and AT&T working together with a new provider to put some competition into the mix", said Susan Johnson, AT&T's senior vice president of supply chain, in an interview, adding, "we do really hope this will be a future model".

Construction plans on the first towers will begin in the first quarter of 2018 and as those sites are completed, network engineers will begin installing equipment and turning the sites up quickly.



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