American Tower announced it plans to acquire smaller rival Global Tower Partners’ parent company Macquarie Infrastructure Partners Tower Holdings for approximately $4.8 billion, reports Light Reading.
The deal, if approved by regulators, would add around 5,400 domestic towers.
Today American Tower owns and operates over 30,000 sites in the United States, Mexico, Brazil and India.
The deal should bring American Tower closer to larger rival Crown Castle in the number of domestic cell towers. Last year Crown Castle agreed to lease 7,200 towers from T-Mobile USA for $2.4 billion.
Meanwhile American Tower last month announced plans to acquire more than 4,000 towers from Latin American telecom operator NII Holdings for $811 million. That deal included 2,790 towers in Brazil and 1,666 towers in Mexico.
American Tower said the wireless industry’s current push to deploy next-generation services was a key to initiating the deal.
If “wireless cable” is viable in the United States, then teaming with Crown Castle or American Tower might be a good move. Owning 600 MHz, 2.1 GHz and 2.6 GHz spectrum might enable Dish, Google, Apple, Microsoft, Facebook or Amazon to become an “uncarrier”. Legacy voice is so 20th Century.