Crown castle

A mixture of technology and property in two deals for Denton Wilde Sapte client Crown Castle. The client, which used to be owned by the BBC, operates transmission facilities.

But Crown came up with the idea of letting network operators set up masts on their facilities. Under the BT transaction, Crown will invest £200m during the next three years in developing 4,000 radio rooftop and tower locations at BT exchange sites. These will then be integrated into Crown’s existing portfolio and will specifically target 3G operators. The Dolphin deal will see Crown source and secure sites for the telco so that it can expand its UK Tetra network.

In terms of public safety, fears about transmitter masts are continuing to grow and as a consequence, planning permission for new towers is becoming increasingly harder to obtain.