Wireless Providers to Receive Access to Cost-Effective Backhaul through New Partnership between Nitel and TowerSource
CHICAGO – Nitel, Inc., a single-source provider of telecommunications network services and nationwide virtual network operator, today announced a partnership with Colorado-based TowerSource, the largest and most accurate vertical asset marketplace. The two companies entered into a joint marketing agreement, which will leverage Nitel’s cost-effective backhaul connectivity to wireless towers with TowerSource’s extensive database of wireless sites across the country.
The TowerSource marketplace connects tower owners to those seeking to secure vertical real estate for co-location. The arrangement enables users of the TowerSource marketplace to source backhaul network connectivity from wireless towers in the 48 contiguous states to their terrestrial networks. Nitel uses the networks of over 100 carriers across the country to provide the best, most cost-effective option for its clients.
Rick Stern, Nitel chief executive officer, commented: “Nitel’s ability to provide connectivity, particularly in difficult-to-reach or rural areas, fills a need for many wireless companies.” He added, “We’ve witnessed a shift in the marketplace over the past few years. With the increased ability for wireless devices to handle more e-mail and data-intensive applications, carriers have gone from a single T1 at a cell site to multiple T1s, a DS3 or Ethernet connectivity. Our partnership with TowerSource will make it easy for wireless companies to provide a greater range of service to their customers. “
TowerSource Co-Founder, David Wendlandt, said: “Our customers look to us to be a resource as well as a marketplace for the wireless telecom industry. We are always eager to bring incremental value through partnerships which deliver additional services to the wireless community and property owners we serve. We believe Nitel’s backhaul solutions do this.”
Nitel, Inc. is a single-source provider of telecommunications network services and nationwide virtual network operator. Nitel has been recognized as one of the fastest-growing private companies in America. Customers partner with Nitel to simplify procurement, billing and maintenance of wholesale network services across a multitude of disparate carriers. Nitel gives customers maximum reach by leveraging its proprietary intelligence tool, n-Tellisource, and the networks of 100 top-tier carriers to ensure the best network at the best price. Headquartered in Chicago with offices in Atlanta, Ga., Madison, Wis., and Reno, Nev., Nitel has built a superior reputation for customer service and customized solutions since its founding in 1997. Organically grown and profitable, Nitel is a stable, trusted partner of more than 600 wholesale and enterprise customers. Information about Nitel is available via its Web site at www.nitelusa.com.
TowerSource is the largest and most accurate vertical asset marketplace. TowerSource was started out of a need to reduce a significant barrier to entry for new service providers or those service providers wishing to expand coverage. One of the main barriers to entry for these service providers is locating and negotiating lease terms for antenna deployments. Additionally, property owners of vertical assets now have a simple, cost effective, industry recognized partner to promote and market their real estate for co-location. TowerSource is an intuitive process-driven market exchange platform to identify vertical mounting assets in the wireless industry. TowerSource enables those seeking to secure vertical assets and those with sites for lease. Information about TowerSource is available via its Web site at www.towersource.com.