NEW YORK, Nov. 13, 2017 /PRNewswire/ -- AT&T*,
Verizon and Tillman Infrastructure have entered into a joint
agreement to build hundreds of cell towers, with the potential for
significantly more new site locations in the future. Tillman, owner
and operator of towers, small cells and smart cities
infrastructure, has agreed to construct these towers to-suit with
AT&T and Verizon, which have committed to leasing and
co-anchoring the co-located towers.
These new structures will add to the overall communications
infrastructure in the US, and will fulfill the need for new
locations where towers do not exist today. They also will serve as
opportunities for the carriers to relocate equipment from current
towers.
"We continue to focus on
technology innovation and investing in the latest software
platforms to provide the best possible customer experience on our
network," said Nicola Palmer, Chief
Network Officer for Verizon Wireless. "At the same time, it is
imperative to reduce operating costs. We are reviewing all of our
long-term contracts as they come up for renewal and we are excited to develop new
vendor partners to diversify our infrastructure providers."
"We need more alternatives to the traditional tower leasing
model with the large incumbents. It's not cost-effective or
sustainable. We're creating a diverse community of suppliers and
tower companies who will help increase market competition while
reducing our overhead," said Susan
Johnson, SVP of Global Supply Chain, AT&T. "We look
forward to working with Verizon as we establish site locations
and sign new lease agreements with additional suppliers in the
coming years."
"Tillman is excited about the opportunity to work with AT&T
and Verizon in order to further develop the cell tower model of the
future," said Suruchi Ahuja, CFO of
Tillman Infrastructure. "Over the past year we have built a strong
team at Tillman and are committed to rapidly building a leader in
wireless infrastructure in the U.S. in order to best serve carriers
and the broader communities in which we will enable
connectivity."
Construction plans on the first towers will begin in the first
quarter of 2018 and as those sites are completed, network engineers
will begin installing equipment and turning the sites up
quickly.
Media Contacts:
Karen Schulz
Verizon
Mobile (864) 561-1527
Karen.Schulz@Verizonwireless.com
@VZWKarenS
Jeff Kobs
AT&T
Mobile +1 (214)236-0113
jeff.kobs@att.com
Orlando Camargo
The Dilenschneider Group
Record of Agency for Tillman
212-843-5545
ocamargo@dgi-nyc.com
*About AT&T
AT&T Inc. (NYSE:T) helps millions around the globe connect
with leading entertainment, business, mobile and high speed
internet services. We offer the nation's best data network** and
the best global coverage of any U.S. wireless provider. We're one
of the world's largest providers of pay TV. We have TV customers in
the U.S. and 11 Latin American countries. Nearly 3.5 million
companies, from small to large businesses around the globe, turn to
AT&T for our highly secure smart solutions.
AT&T products and services are provided or offered by
subsidiaries and affiliates of AT&T Inc. under the AT&T
brand and not by AT&T Inc. Additional information about
AT&T products and services is available at about.att.com.
Follow our news on Twitter at @ATT, on Facebook at facebook.com/att
and on YouTube at youtube.com/att.
© 2017 AT&T Intellectual Property. All rights reserved.
AT&T, the Globe logo and other marks are trademarks and service
marks of AT&T Intellectual Property and/or AT&T affiliated
companies. All other marks contained herein are the property of
their respective owners.
**Claim based on the Nielsen Certified Data Network Score. Score
includes data reported by wireless consumers in the Nielsen Mobile
Insights survey, network measurements from Nielsen Mobile
Performance and Nielsen Drive Test Benchmarks for Q1 + Q2 2017
across 121 markets.
About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in
New York City, has a diverse
workforce of 160,100 and generated nearly $126 billion in 2016 revenues. Verizon operates
America's most reliable wireless network and the nation's premier
all-fiber network, and delivers integrated solutions to businesses
worldwide. Its Oath subsidiary reaches about one billion people
around the world with a dynamic house of media and technology
brands.
About Tillman
Tillman Infrastructure ("Tillman") is a subsidiary of Tillman
Global Holdings ("TGH"), and owns and operates mobile
infrastructure in the United
States. TGH is a global holding company focused on long-term
value. The firm invests in and manages telecommunications towers,
small cells and smart city businesses focused on both developed and
emerging markets (www.tillmaninfrastructure.com).
Related Links
http://www.verizon.com/
https://www.verizonwireless.com/
http://www.verizonenterprise.com/
http://www.verizon.com/about/
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SOURCE Verizon