Verizon and AT&T team up to lease new cell towers being built by a third party

Verizon and AT&T team up to lease new cell towers being built by a third party
The nation's top two largest mobile carriers, Verizon and AT&T, are teaming up with Tillman Infrastructure to build hundreds of cell towers. Tillman will be building the towers to the specs requested by the two mobile operators, and both Verizon and AT&T have agreed to lease them. The structures will be built at locations where there are no cell towers at present, allowing the carriers to move some equipment off of existing towers and on to the new ones once they are built.

Construction work on the new structures will begin in Q1 of 2018. Verizon says that once the towers are built, network engineers will come in and install the necessary equipment. The carriers then hope to "turn the sites on quickly."

We all know what Verizon and AT&T do. Tillman is in the business of owning and operating towers, small cells and smart cities infrastructure. And while it isn't one of the more well known names in the industry, Verizon and AT&T say that they picked Tillman on purpose. Verizon's Chief Network Officer Nicola Palmer said in a statement that Big Red is looking to "develop new vendor partners to diversify our infrastructure providers."


source: Verizon

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3 Comments

1. cncrim

Posts: 1558; Member since: Aug 15, 2011

One wait to keep competition on their toes.

2. bambamboogy02

Posts: 832; Member since: Jun 23, 2012

Pretty much hired a decent smaller vendor to do the build out since they can move quicker than the larger vendors while being cheaper. Plus the telecom companies have more leverage over the smaller guy.

3. Phullofphil

Posts: 1740; Member since: Feb 10, 2009

This does not sound like it will do that much difference if there just moving equipment from one tower to the new ones. Sounds like they could be getting out of one agreement and to another possibly leaving the company from before out in the dust. That or they just want to lease and have somebody else maintain the tower.

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