American Tower Corporation and Verizon Communications Inc. have signed a new overarching lease agreement, facilitating Verizon’s ongoing 5G network deployment across American Tower’s extensive US portfolio of communications sites. The agreement provides a simplified and efficient leasing process through a contractual framework that will drive mutual growth and value over a multi-year period.
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AT&T to Use New Corning Fiber Factory in Arizona
Corning Inc announced plans to build a new optical cable manufacturing plant in Arizona as the U.S. government moves to award $42 billion to expand broadband to millions of unserved Americans.
Clearfield® Clears Path for Fiber Broadband with CraftSmart® FiberFirst Pedestal
Clearfield announced its CraftSmart® FiberFirst Pedestal, the industry’s first pedestal designed to support fiber-only deployments. Deployable in any outdoor environment, and ideal for operators looking to deploy broadband in rural markets, the pedestal delivers the most cost-effective, non-metallic enclosure in the industry, delivering a solution that exceeds industry standards for strength, reliability, and environmental concerns.
US Tower Business Continues Explosive Growth
Global investment firm Carlyle announced that funds managed by its Global Infrastructure platform have committed up to $1 billion to partner with Tillman Global Holdings to accelerate its investments in Tillman Infrastructure, a leading privately held cell tower platform in the United States. The explosive growth in 5G, Edge Data Centers and for 5G backhaul are all contributing factors to this market expansion.
America Movil Finalizes LatAm Tower Reorganization
America Movil (AM) has completed the spin-off of all telecoms towers and other associated passive infrastructure in most of the Latin American countries where it operates, with all relevant assets, liabilities and capital transferred to a new company named Sitios Latinoamerica (Sitios Latam).