Towers: Wireless, Broadcast, Microwave and Teleports Message Board

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Technology Stocks : Towers: Wireless, Broadcast, Microwave and Teleports

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To: p friend who wrote (2)	10/23/1999 9:55:00 AM
From: Joe Tokarz	Read Replies (1) of 22

pfriend, New to this thread and business, so can I ask a couple of questions? From this release: -American Tower Corporation (NYSE:AMT) today announced the signing of a definitive agreement with AT&T (NYSE:T) to acquire approximately 1,942 microwave towers and build 1,000 new wireless communications sites for AT&T Wireless Services over the next five years. Is AMT buying the sites, building the antenna's, and leasing them back to AT&T? Once a tower is built, can other network providers utilize them? Are these straight leases or are the companies such as AT&T billed for traffic? Trying to get a handle on this group. Thanks much in advance. Joe

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