Wireless Industry News » AT&T, Verizon Wireless to Lead 2014 Tower Adds: RBC
AT&T and Verizon Wireless will drive a robust market this year for wireless infrastructure, according to the Wireless Retail and Network Update by RBC Capital Markets, while T-Mobile and Sprint will surge next year. The firm projects site additions and new lease equivalents will rise as high as 25,000, compared to just under 23,000 in 2013.
“For the wireless sector, 2014 demand drivers will likely feature an increased mix shift toward new leases, driven by capacity/infill requirements at AT&T and Verizon,” wrote Jonathan Atkin, RBC analyst.
The drivers of leasing and amendment demand this year, according to RBC Capital Markets, reflect continued LTE overlay work, including Verizon’s deployment of LTE in the Advanced Wireless Service (AWS) band, and a robust pace of new site additions. Read the full article