Verizon and AT&T plan to share hundreds of new cell towers

In a recently announced joint venture with Tillman Infrastructure, America’s biggest carriers – Verizon and AT&T – are planning to build and share hundreds of new cellular towers. According to Fierce Wireless, the companies have said that the new structures will “add to the overall communications infrastructure in the United States.” This will also allow them to reduce operating costs by relocating equipment from third party towers they are currently using.

“We continue to focus on technology innovation and investing in the latest software platforms to provide the best possible customer experience on our network,” Verizon Chief Network Officer Nicola Palmer said in a press release. “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 lineup.”

In recent times, AT&T has been very vocal about seeking alternatives to the traditional tower models. In fact, its president of technology operations, Bill Hogg, said earlier in 2017 that the current model is “unsustainable.” It makes sense that in an effort to cut spending, Verizon and AT&T have committed to sharing and co-anchoring the new towers.

Fierce Wireless says that construction plans on the first towers are set to begin “early next year” and will promptly come online as they are completed.