/
10.25.2004
Originally featured on BroadcastEngineering.com
Andrew to acquire selected assets of ATC Tower Services

Looking to enhance its services and expand product distribution, Andrew plans to acquire selected assets of ATC Tower Services, a division of American Tower. The agreement is valued at approximately $10 million, in both cash and lease obligations. The deal is expected to be complete in November.

As part of the transaction, Andrew, based in Orland Park, IL, will assume a significant portion of ATC’s 24 North American construction offices and approximately 340 employees. ATC Tower Services, based in Boston, is a general contractor construction company for wireless communications in North America, providing site installation services to wireless operators and prime contractors. The company reported more than $60 million in annual sales last year.

John DeSana, group president, Antenna and Cable Products, Andrew Corporation, said that adding ATC’s site installation expertise to the Andrew portfolio provides the company with an immediate national construction services presence and additional channel distribution opportunities for its products.

For more information, visit www.andrew.com.

Back to the top




Comments
Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found




Wednesday 9:02AM
Analysts: TV Regs 'Not as Dire as We Thought'
We feel the negatives are known and are a lot more comfortable recommending the space.


 
Featured Articles
Discover TV Technology