Much of the activity in wireless tower business is predicated on advance mobile content/video services taking off. That also explains the consolidation in the space, XM’s buyout of WCS being one of those.
Qualcomm’s MediaFLO is also in talks with tower companies for its mobile video serviecs launch. Moreover, Crown Castle is currently looking for investors who would cough up the $1 billion needed for this project. It has recently hired investment bank Allen & Co. to round up prospects.
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