Portfolio Company
AAT Communications is one of the largest independent providers of tower sites and site management services to the wireless communications industry. The Company owns, operates and manages over 7,500 wireless communications sites located throughout the United States. AAT markets its inventory of sites (for placement of network infrastructure equipment) to companies in all segments of the wireless communications and broadcasting industries for cellular, PCS, specialized mobile radio, enhanced specialized mobile radio, one-way and two-way paging and fixed microwave applications. The tower industry, an important part of the wireless value chain, is poised to capture the benefits of the projected growth in wireless communications, without dependence on any one particular technology. AAT is well-positioned, both financially and operationally, to capitalize on this opportunity and to be a fast-growing consolidator in the industry.
Acquisition Search Criteria:
Potential Deal Structures
Acquisitions
Mergers
Sale/leasebacks
Management contracts
Build-to-suit contracts
Target Size
No threshold or size constraints
Attractive Target Criteria
High quality existing and/or potential tenant base ("Big Six" carriers or
affiliates)
Tower capacity of three tenants or more
Towers with few competing structures
Towers located in high population growth areas
Towers lacking significant exposure to paging customers
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