Blog-
In 2025, SteelTree Partners advised on the sale of several tower portfolios, ranging from individual towers to mid-sized private portfolios. The clients included tower developers, broadcasters, and WISPs. Here are some of our observations from 2025. 
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Over the last 20+ years, SteelTree Partners has advised small and mid-size tower companies on the sale of thousands of towers in North and South America. Each of these sales starts off the same way- with a bid process where potential buyers vie to purchase the towers. Typically, sellers focus solely on the highest offer, sometimes ignoring what happens during the due diligence period, when the buyer can inspect the towers and subsequently demand a purchase price adjustment. This has led to an in Read More -
In 2025, the U.S. wireless industry appears to be effectively consolidating from four national carriers and one major regional carrier down to three. That shift is not just a headline—it marks a fundamental change for tower owners, landowners, and leaseholders. Two major deals—T-Mobile’s acquisition of U.S. Cellular’s assets and AT&T’s pending purchase of DISH’s spectrum—have redefined what “growth” means in the tower sector.
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In an effort to determine what impact Covid19 may have in the future on the development of cell towers, we looked at FCC data for new granted and constructed Antenna Structure Registrations over the last three to six months. This will set a baseline to compare with future quarters. Here is what we found on what happened through March of 2020.Number of Towers Constructed
First, we examined which tower companies and wireless carriers have been most active over the Read More
Read MoreIn 2025, the U.S. wireless industry appears to be effectively consolidating from four national carriers and one major regional carrier down to three. That shift is not just a headline—it marks a fundamental change for tower owners, landowners, and leaseholders. Two major deals—T-Mobile’s acquisition of U.S. Cellular’s assets and AT&T’s pending purchase of DISH’s spectrum—have redefined what “growth” means in the tower sector.
Read More