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AT&T, Verizon strike tower agreement in effort to diversify vendors . . no REITs either AT&T Inc and Verizon Communications Inc said on Monday they have agreed to lease hundreds of new cell towers from owner and operator Tillman Infrastructure, 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 towers they use to transmit wireless signals, analysts and company officials said. -------------------------------------------------------- Looks like Tillman is a private company . . .Tillman Global Holdings, LLC, is a holding company, and through its subsidiaries it provides telecommunications infrastructure building and renewable energy project development services. The company was founded in 2013 and is based in New York, New York. EKS |
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