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AT&T agreed on Sunday to lease or sell 9,700 cellphone towers to Crown Castle International, a big wireless tower operator, for $4.85 billion in cash.
Crown Castle, a major wireless tower operator, has agreed to pay T-Mobile $2.4 billion in cash for rights to 7,200 cell phone towers.
Others wonder if the physicist Nikola Tesla may have caused it with a transmission from his aerial wireless tower, trying to impress the polar explorer Robert Peary.
The American Tower Corporation sued a former Goldman Sachs executive who heads a rival wireless tower operator on Friday, claiming he had impersonated its chief by sending a negative article about it via e-mail to two large investors.
Macquarie, Australias largest investment bank, is making inroads into the large yet underdeveloped wireless telecom infrastructure market in the U.S., agreeing to buy the wireless tower operator Global Tower Group for 1.7 billion Australian dollars ($1.43 billion) from Blackstone Group.
The foundations of the Wardenclyffe wireless tower, which was torn down in 1917, are all that remain of that structure.
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Lodestar owns and operates 90 wireless towers and 10 broadcast towers in major markets, including Los Angeles and Orlando, Fla.
But with wireless towers now popping up across the country, the government thinks 80% of citizens may have a mobile phone with a data connection by 2016.
Bharti Airtel, an Indian mobile-phone operator, is able to offer remarkably low prices in part because it shares wireless towers with other providers.
The company, a unit of the Ontario-based LeBlanc & Royal Enterprises, also has 149 towers under management, mostly in Florida, and plans to develop 202 wireless towers nationwide.
SBA Communications on Friday agreed to buy AAT Communications for about $1 billion in cash and stock, reacquiring wireless towers in the Western United States that it sold to AAT three years ago.
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