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The Tower Companies history
The Tower Companies company history timeline
In the early 1990’s Tower Ventures was created as an outgrowth of the transition from a family owned radio business to a company that developed and marketed towers in the newly developing cellular and wireless industry.
Revenue had increased 55 percent from 1994, and operating income had grown by twice its 1994 figures.
1994: Federal Communications Commission auctions national licenses for mobile radio systems.
MicroNet also owned 20 towers in California and 35 in Texas. Thus, in a few years ATS defined a national base to conduct business in the evolving field of telecommunication technologies: at the end of fiscal 1997, the company operated more than 1,775 towers in 44 states and the District of Columbia.
1998: ARS merges with CBS Corporation; ATS emerges as an independent company traded on the New York Stock Exchange and changes name to American Tower Corporation (ATC).
In April 1999, ATC's Broadcast Tower Group contracted with Sinclair Broadcast Group, a leading owner of television and radio stations in the United States, to develop broadcasting towers for Sinclair's digital transmission needs in 11 markets.
1999: Exponential Aerial and Terrestrial Expansion
The majority of the 1,000 towers constructed in 1999 were built along major roadways; they were predominantly self-supporting monopoles and could accommodate multiple co-location tenants.
Tower development along with the acquisition and sale of tower portfolios since the early 2000’s has been impressive for the company.
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The Tower Companies competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Lerner Enterprises | 1952 | $16.0M | 50 | - |
| YES Communities | 2007 | $220.0M | 792 | 127 |
| Continental Management Co. | 1973 | $400,000 | 115 | - |
| LCOR | - | $19.3M | 750 | 13 |
| Washington Real Estate Holdings | 2002 | $360.0M | 1,145 | - |
| Edgewood Properties | 1992 | $2.8M | 50 | 52 |
| Affinity Property Management - OR | 2003 | $3.5M | 135 | 20 |
| Rockwood Capital | 1995 | $33.7M | 50 | - |
| Spectrum Properties | 1982 | $610,000 | 50 | - |
| Mediate Management | - | $4.1M | 50 | 6 |
The Tower Companies history FAQs
Zippia gives an in-depth look into the details of The Tower Companies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about The Tower Companies. The employee data is based on information from people who have self-reported their past or current employments at The Tower Companies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by The Tower Companies. The data presented on this page does not represent the view of The Tower Companies and its employees or that of Zippia.
The Tower Companies may also be known as or be related to The Tower Companies.