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Industry: Email Alert RSS FeedAmerican Tower, SpectraSite form tower powerhouse.
RCR Wireless News, May, 2005
Byline: KRISTEN BECKMAN
Consolidation among the players at the top of the wireless market is starting to trickle down to the vendors and suppliers that serve them.
Independent tower companies American Tower Corp. and SpectraSite Inc. announced plans last week to merge. The overriding theme of the $11.3 billion deal was scale.
The combined company would boast a portfolio of more than 20,000 communications sites in the United States. American Tower brings more than 12,000 U.S. sites to the table, while SpectraSite's portfolio includes about 7,800 sites. American Tower also has more than 2,300 international sites, and SpectraSite's recent expansion into the in-building market adds more than 80 installed in-building units with plans for...
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