When you work in the telecom industry, the space you occupy is important to how effective your service is. InSite Wireless Group is expanding their presence with the addition of 294 tower sites in their portfolio courtesy of CTI Towers Inc. This transaction will now have grown their overall tower-related properties to over 1,200.
The acquisition is viewed by many at Insite Wireless as a commitment to grow their wireless infrastructure assets platform. Meanwhile, CTI Towers is glad to hand over the reins to them. They trust that Insite Wireless can manage these assets effectively and sustain their high performance levels.
Insite Wireless has dealt with a lot of realms within the telecom industry such as cell towers, DAS, and small cells. The CTI purchase will consist of communication towers, associated tower site equipment and infrastructure, related real property interests, and wireless carrier and customer agreements related to the towers.
David E. Weisman, President and CEO of InSite, said “In the four years since launching CTI Towers, we have constructed an outstanding tower portfolio and are very pleased with the market reception”.
Adding 294 towers will make an immediate impact on improving Insite Wireless’s business. They have become a reliable source for leasing tower space to carriers, broadcasters, municipalities, and utility companies. This acquisition strengthens their position within the industry and creates new opportunities for customers.
Launch 3 Telecom is a distributor of new, used, and refurbished cell tower equipment. We provide comprehensive cell tower services as well. To learn even more about our tower service capabilities, contact Launch 3 at 877-878-9134 or email us at sales@launch3.net.www.Launch3Telecom.com | sales@launch3.net | 877-878-9134
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