Today, AT&T and Verizon have announced that they will work combine in the construction of hundreds of new cell towers across the United States. The Chief Network Officer of Verizon, Nicola Palmer said in a statement that these cell towers will participate in reducing the operating costs and these towers will be built by Tillman Infrastructure, especially designed for both companies. These towers will be leased by AT&T and Verizon. Palmer added that the company is reviewing its entire long-term contracts as they come up for renewal. The company is stirred up to develop new vendor partners in order to expand our infrastructure providers. Tillman has been considered a newcomer in the cell tower manufacturing. The Tillman Global is its parent company and it was established in 2013.
Major companies in cell tower manufacturing, such as Crown Castle, SBA Communications and American Tower have been working around since the 80s and 90s. Palmer added that the company needs more changes in the conventional tower leasing model with the large appointees. The Senior Vice President of AT&T for global supply chain, Susan Johnson said that it shouldn’t be considered cost-effective or bearable. The company is building a separate community of suppliers and tower companies. It will provide a significant amount of support in increasing market competition and a comprehensive reduction in our expenses. It would also offer benefit consumers due to new towers will fill up more areas currently experiencing an issue in wireless coverage. Point to be noted that first round of cell tower construction will be started in the beginning of 2018.