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AT&T, Verizon strike tower agreement with Tillman to diversify vendors

The US cell tower market is currently dominated by three companies: American Tower Corp, SBA Communications Corp, and Crown Castle International Corp.

Reuters  |  New York 

AT&T Inc and Verizon Communications Inc said on Monday they have agreed to lease hundreds of new cell towers from owner and operator  , a move they hope will give them more leverage in negotiations with major U.S. tower vendors. The U.S. cell tower market is currently dominated by three companies: American Tower Corp , SBA Communications Corp , and Crown Castle International Corp . The agreement announced on Monday shows that Verizon and AT&T, the No. 1 and No. 2 biggest U.S. wireless carriers, are willing to strike deals with other vendors to secure better prices for the ...

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First Published: Tue, November 14 2017. 09:46 IST
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