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T AT&T Inc

17.50
0.03 (0.17%)
25 May 2024 - Closed
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Share Name Share Symbol Market Type
AT&T Inc NYSE:T NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.03 0.17% 17.50 17.61 17.4201 17.49 24,995,962 00:58:21

AT&T and Crown Castle Expand Strategic Relationship

11/04/2018 2:30pm

PR Newswire (US)


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DALLAS, April 11, 2018 /PRNewswire/ -- AT&T* and Crown Castle signed a new agreement simplifying and expanding their long-term leasing deal for wireless network infrastructure.

Under the new agreement, leasing management and operations are streamlined to improve the efficiency and flexibility under which AT&T can deploy new technologies and increase network capacity. These changes will enable AT&T to speed up the deployment of 5G technologies and the execution of our FirstNet build.

"This agreement marks a significant milestone in our relationship with Crown Castle," said Susan Johnson, executive vice president – Global Connections and Supply Chain, AT&T. "It establishes a market-based framework and simplifies the lease management and administration process. This will allow us to streamline network projects to better serve our customers."

This aligns with AT&T's commitment to provide customers with better speed, reliability and overall performance. In addition to macro sites, the new agreement covers small cell deployments. Small cells are necessary to improve wireless networks, keep up with increasing mobile data usage and lay the foundation for 5G.

"We are pleased to expand our longstanding strategic relationship with AT&T," said Mike Kavanagh, Chief Commercial Officer, Crown Castle. "We look forward to continuing to support AT&T's growth by providing our infrastructure assets to meet their network needs for years to come."

About Crown Castle
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 60,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service - bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit www.crowncastle.com.

*About AT&T
AT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, business, mobile and high speed internet services. We have the nation's largest and most reliable network** and the best global coverage of any U.S. wireless provider. We're one of the world's largest providers of pay TV. We have TV customers in the U.S. and 11 Latin American countries. More than 3 million companies, from small to large businesses around the globe, turn to AT&T for our highly secure smart solutions. 

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information about AT&T products and services is available at about.att.com. Follow our news on Twitter at @ATT, on Facebook at facebook.com/att and on YouTube at youtube.com/att.

© 2018 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

**Coverage not avail. everywhere. Based on overall coverage in U.S. licensed/roaming areas. Reliability based on voice and data performance from independent 3rd party data.

AT&T Inc. (PRNewsFoto/AT&T Inc.)

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/att-and-crown-castle-expand-strategic-relationship-300628108.html

SOURCE AT&T Inc.

Copyright 2018 PR Newswire

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