Richland Towers
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- On April 3rd 2014 Richland Towers was acquired by American Tower Corporation. http://www.aglmediagroup.com/american-tower-details-richland-towers-purchase/.American Tower officials provided some color on the acquisition of 60 tall towers from Richland Towers, which occurred subsequent to the end of the first quarter. The transaction amounted to nearly $450 million in total consideration plus the assumption of $197 million in secured debt, according to Tom Bartlett, company CFO.The towers are populated mostly by radio and television broadcasters, but American Tower may have some creative ideas for additional tenants. We picked up 60 high-quality U.S. towers in early April to further cement our leading tall tower position in the United States, Bartlett said. We expect that these types of towers may also be a platform for fixed broadband wireless video in the future.American Tower is increasing its outlook for adjusted EBITDA by $50 million, in part because of the expected $20 million contribution from the Richland Tower portfolio.
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Headquarters:116 Huntington Ave Ste 1100 , Boston, Massachusetts, United States
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Phone Number: +1 617-375-7500
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Employees:8
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Revenue:$1 - 10M
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Legal Name:Richland Towers
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Richland Towers's Social Media
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| NAICS Code: 485310 |
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Frequently Asked Questions regarding Richland Towers
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Where are Richland Towers's Headquarters?
Richland Towers's Headquarters are in 116 Huntington Ave Ste 1100 ,Boston,Massachusetts,United States
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What is Richland Towers's phone number?
Richland Towers's phone number is +1 617-375-7500
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What is Richland Towers's Revenue?
Richland Towers's revenue is $1 - 10M
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What is Richland Towers's NAICS code?
Richland Towers's NAICS code is 485310
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How many employees are working in Richland Towers
Richland Towers has 8 employees
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What is Richland Towers's Industry?
Richland Towers is in the industry of Telecommunications
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Who is Richland Towers's Vice President Rf Operations?
Richland Towers's Vice President Rf Operations is Kevin Busselman
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Who is Richland Towers's Vice President?
Richland Towers's Vice President is Curt Wilkinson