Around 2015 CTI sold tower assets to the sixth largest tower company in the United States, InSite Wireless.
In 2018, CTI Towers acquired a portfolio of 360 towers from Mediacom Communications.
Headquartered in Cary, NC, CTI Towers has 1,000 towers under its management. #7 CTI Towers| 1,000 Cell TowersĬTI Towers was formed in 2011 with an investment from Comcast Ventures. Headquartered in Chagrin Falls, Ohio, PepperTree Capital is a private equity firm focused on investing in communications infrastructure companies. #6 PepperTree Capital | 1,000 Cell Towersįounded in 2000, PepperTree Capital purchased 1,000 cell towers from AT&T at a transaction valued at $680 million. In our opinion, they use an AT&T lease template that has been revised to reflect their needs. In our interactions with Vertical Bridge they have been pleasant to work with. Their website states they have 268,000 owned and managed assets, however, it is unclear what is wireless, raw land, billboards, etc. Which is also the headquarters to SBA Communications. Founded in 2014, they are headquartered out of Boca Raton, Florida. Vertical Bridge is the largest privately held cell tower company in the United States. It appears they have a small real estate management group, as we have worked with the same attorney at US Cellular on lease renewals many times over. We have completed many lease renewals with US Cellular. The majority of their towers are in the mid-west, north west, and the mid Atlantic region. According to their tower locator, they have 4,207 towers.
US Cellular (NYSE: USM) is the fourth largest holders of cell towers in the United States. To review our abstract of their Q4 2019 earnings calls check out our article here. SBA has offices in the United States, Brazil, Canada, Argentina, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Nicaragua, Panama, Peru, and South Africa. The company owns approximately 30,000 sites total, 16,400 of which are located in the United States. SBA Communications (NASDAQ: SBAC) is the third largest cell tower company in the United States headquartered out of Boca Raton, Florida. Crown Castle is trying to extend their leases and when they are successful are averaging a lease extension of 43 years.Ĭrown Castle landlords NEED to seek expert help when dealing with Crown Castle. On average they have 2.2 tenants per tower with approximately six years remaining on the lease with their tenants. They lease land for approximately 30,000 cell towers which represents approximately 74% of their portfolio. #2 Crown Castle Corporation | 40,000+ SitesĬrown Castle (NYSE: CCI) is the second largest cell tower operator in the United States.
#American tower company professional
Overall our experience with AMT is positive and we find them professional to work with. Headquartered in the Boston market, AMT is a large company with over 5,000 employees and offices in 21 countries.Īmerican Tower Corporation made big news at the end of 2020 when they acquired the sixth largest tower company in the United States, InSite Wireless, for $3.5 Billion.ĭue to the large size of the AMT portfolio, we often represent property owners in new lease negotiations, lease renewals, and sales transactions with AMT. #1 American Tower Corporation | 40,000+ SitesĪs of February 9, 2021, American Tower Corporation ( NYSE: AMT) represented that they have over 40,000 cell tower sites in the United States. Totals shown below do not include distributed antenna systems (DAS) or small cells. In some cases the tower company might not own the structure, but has lease rights and the ability to acquire the towers on the property for a set period of time. The list below of the top 15 cell tower companies has been compiled from information obtained by publicly available sources. Typically the larger the cell tower company, the more sophisticated their operations. They range from the largest players like the top three publicly traded tower companies. There are over 100 cell tower companies with headquarters in the United States.
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