Global Tower Partners

Last updated
Global Tower Partners
Industry Telecommunication Towers
Founded2002 (2002)
Headquarters,
U.S.
Key people
Marc Ganzi (CEO)

Global Tower Partners (GTP), owned by American Tower Corporation and previously based in Boca Raton, Florida, was the largest privately owned telecommunication tower operator in the U.S. and the fourth largest independent operator in this sector. [1] GTP owned, managed, or held master leases for more than 16,000 wireless sites and over 40,000 miles of railroad rights of way throughout the U.S. [2] GTP leased space on towers and rooftops to leading wireless communications providers including AT&T Wireless, Verizon Wireless, Sprint, T-Mobile, US Cellular, Metro PCS, and Leap Wireless. [2] GTP was founded in 2002 and began operations in October 2003. Marc Ganzi, the company's Chief Executive Officer, was the sole founder. [3]

Contents

Ownership

In 2013 Global Tower Partners was bought by American Tower Corporation for an estimated sum of $3.3 billion. [4]

Related Research Articles

<span class="mw-page-title-main">T-Mobile International AG</span> Brand of telecommunications service by Deutsche Telekom

T-Mobile is the brand name used by some of the mobile communications subsidiaries of the German telecommunications company Deutsche Telekom AG in the Czech Republic, Poland and the United States.

<span class="mw-page-title-main">Chevron Corporation</span> American multinational energy corporation

Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California, it is headquartered in San Ramon, California, and active in more than 180 countries. Within oil and gas, Chevron is vertical integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation.

<span class="mw-page-title-main">Comcast</span> American multinational telecommunications conglomerate

Comcast Corporation, incorporated and headquartered in Philadelphia, is the largest American multinational telecommunications and media conglomerate. The corporation is the second-largest broadcasting and cable television company in the world by revenue, and is also the largest pay-TV company, the largest cable TV company, and largest home Internet service provider in the United States. Comcast is additionally the nation's third-largest home telephone service provider. It provides services to U.S. residential and commercial customers in 40 states and the District of Columbia. As the owner of the international media company NBCUniversal since 2011, Comcast is also a high-volume producer of feature films for theatrical exhibition, over-the-air and cable television programming, and theme park operator.

<span class="mw-page-title-main">Vodafone</span> British multinational telecommunications company

Vodafone Group plc is a British multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates services in Asia, Africa, Europe, and Oceania.

<span class="mw-page-title-main">Crown Castle</span> American real estate investment trust

Crown Castle Inc. is a real estate investment trust and provider of shared communications infrastructure in the United States headquartered in Houston, Texas. Operating with 100 offices worldwide, its network includes over 40,000 cell towers and approximately 85,000 route miles of fiber supporting small cells and fiber solutions.

<span class="mw-page-title-main">Cable & Wireless plc</span> British telecom firm

Cable & Wireless plc was a British telecommunications company. In the mid-1980s, it became the first company in the UK to offer an alternative telephone service to British Telecom. The company later offered cable TV to its customers, but it sold its cable assets to NTL in 2000. It remained a significant player in the UK telecoms market and in certain overseas markets, especially in the former British colonies of the Caribbean, where it was formerly the monopoly incumbent. It was also the main supplier of communication in the British South Atlantic, including Saint Helena and the Falkland Islands. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Las Vegas Sands</span> American casino and resort company

Las Vegas Sands Corporation is an American casino and resort company with corporate headquarters in Paradise, Nevada, United States. Its corporate mission is to create "Integrated Resorts" which feature a combination of gambling, accommodation, retail, and meeting space.

Liberty Global plc is a British-Dutch-American multinational telecommunications company with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Plc, Liberty Global B.V. and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

<span class="mw-page-title-main">Sprint Corporation</span> Defunct American telecommunications company

Sprint Corporation was an American telecommunications company. Before being acquired by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019. The company also offered wireless voice, messaging, and broadband services through its various subsidiaries under the Boost Mobile and Open Mobile brands and wholesale access to its wireless networks to mobile virtual network operators.

<span class="mw-page-title-main">BMO (United States)</span> US bank

BMO Bank, N.A. is an American national bank that is headquartered in Chicago, Illinois. It is the U.S. subsidiary of the multinational investment bank and financial services company Bank of Montreal, which owns it through the holding company BMO Financial Corporation. In September 2023, it was the 8th largest bank in the United States by total assets.

<span class="mw-page-title-main">América Móvil</span> Mexican multinational telecommunications company

América Móvil is a Mexican telecommunications corporation headquartered in Mexico City, Mexico. It is the 7th largest mobile network operator in the world in terms of equity subscribers, as well as one of the largest corporations in the world. América Móvil is a Forbes Global 2000 company. As of Q1, 2019, América Móvil had 277.4 million wireless subscribers, and 84.3 million fixed revenue generating units.

<span class="mw-page-title-main">CVC Capital Partners</span> Luxembourg-based private equity and investment advisory firm

CVC Capital Partners is an American Luxembourg-based private equity and investment advisory firm with approximately US$155 billion of assets under management and approximately €157 billion in secured commitments since inception across American, European and Asian private equity, secondaries and credit funds. As of 31 December 2021, the funds managed or advised by CVC are invested in more than 100 companies worldwide, employing over 450,000 people in numerous countries. CVC was founded in 1981 and, as of 31 March 2022, has over 650 employees working across its network of 25 offices throughout EMEA, Asia and the Americas.

The telecommunications industry in China is dominated by three state-run businesses: China Telecom, China Unicom and China Mobile. The three companies were formed by restructuring launched in May 2008, directed by the Ministry of Information Industry (MII), National Development and Reform Commission (NDRC) and the Minister of Finance. Since then, all three companies gained nationwide fixed-line and cellular mobile telecom licenses in China. In 2019, all three telecoms were issued 5G national licenses.

<span class="mw-page-title-main">Boingo Wireless</span> American wireless network company

Boingo Wireless is an American company that designs, builds and manages wireless networks. Its public and private networks include distributed antenna systems (DAS), small cells, macro towers and more than one million Wi-Fi hotspots around the world. The company operates networks for airports, transit stations, stadiums, military bases, hospitals and commercial properties. The company is headquartered in Los Angeles, California, with additional offices in London, New York City, and Oak Brook, Illinois. The company was listed on the Nasdaq until it was acquired by investment firm Digital Colony Management LLC in 2021.

<span class="mw-page-title-main">American Tower</span> American communications infrastructure company

American Tower Corporation is an American real estate investment trust which owns and operates of wireless and broadcast communications infrastructure in several countries worldwide and is headquartered in Boston, Massachusetts.

The history of AT&T dates back to the invention of the telephone. The Bell Telephone Company was established in 1877 by Alexander Graham Bell, who obtained the first US patent for the telephone, and his father-in-law, Gardiner Greene Hubbard. Bell and Hubbard also established American Telephone and Telegraph Company in 1885, which acquired the Bell Telephone Company and became the primary telephone company in the United States. This company maintained an effective monopoly on local telephone service in the United States until anti-trust regulators agreed to allow AT&T to retain Western Electric and enter general trades computer manufacture and sales in return for its offer to split the Bell System by divesting itself of ownership of the Bell Operating Companies in 1982.

Marc Ganzi is an American businessman. He is the President and CEO of DigitalBridge, and is the founder and former CEO of Digital Bridge Holdings and Global Tower Partners. He is also a polo player.

IHS Towers is one of the largest telecommunications infrastructure providers in Africa, Latin America and the Middle East by tower count and the fourth largest independent multinational tower company globally.

Brookfield Property Partners L.P. is a global commercial real estate firm that is a publicly traded limited partnership and a subsidiary of Brookfield Asset Management, an alternative asset management company. Its portfolio includes properties in the office, multi-family residential, retail, hospitality, and logistics industries throughout North America, Europe, and Australia. Its subsidiary Brookfield Properties is responsible for the management of these facilities.

China Telecom Corporation Limited is a Chinese telecommunications company. It is one of the red chip listed companies of state-owned China Telecommunications Corporation. Its H shares have been traded on the Stock Exchange of Hong Kong since 15 November 2002. It is a constituent of the Hang Seng China Enterprises Index, the index for the H shares of state-controlled listed companies. The company was also listed on the New York Stock Exchange until January 2021. China Telecom is the second-largest wireless carrier in China, with 362.49 million subscribers as of June 2021.

References

  1. Miriam Gottfried (November 21, 2021). "DigitalBridge Rides Wave of Investment in Data Centers, Cell Towers". Wall Street Journal. Retrieved December 18, 2021.
  2. 1 2 Patricia Resende (September 6, 2013). "American Tower to pay up to $4.8 billion for Global Tower Partners parent". Boston Business Journal. Retrieved December 18, 2021.
  3. Shu-Ching Jean Chen (July 2, 2007). "Macquarie Buys U.S. Wireless Tower Company". Forbes. Retrieved December 18, 2021.
  4. "American Tower to Acquire Global Tower in $3.3 Billion Deal". Bloomberg.com. 2013-09-06. Retrieved 2020-11-14.