HighPointe Group Expands Managed Site Portfolio Through Acquisition Of Spectrum Site Management Corp.
PR Newswire, Oct 1, 2003

NEW YORK, Oct. 1 /PRNewswire/ -- HighPointe Group, LLC, a leading telecommunications site consulting and management company, today announced the acquisition of Site Spectrum Management Corp., a move which dramatically expands HighPointe's portfolio of sites under management to more than 3,000. HighPointe has acquired the Spectrum Site Management assets from a subsidiary of Crown Castle International Corp.

The Spectrum Site acquisition signals further consolidation and resettling within the tower management segment, with third-party management firms like HighPointe providing a singular focus on rooftop management issues. HighPointe chairman Jud Pankey noted that building owners will derive greater benefits from an outsourced rooftop management partner built around maximizing income from managed sites with a proactive customer service approach. Carriers and broadcasters, as well, said Pankey, will benefit from having access to more points of contact for processes like license application and equipment installation as well as an expedited engineering and equipment review processes. HighPointe continues to grow organically, as well, and is pursuing other potential acquisitions.

"We're building the best outsourcing company in the site management business," said Pankey. "Our growing portfolio of customers now has access to one of the most comprehensive site management solutions available, with deep experience in both high and low site management and consulting for all types of site environments. And because we're not in the business of owning towers, there is no potential for a conflict of interest with our landlord or carrier clients."

HighPointe's portfolio includes a concentration of high sites in several major U.S. cities, as well as a number of mid and low sites concentrated throughout the metro New York area and in several rural areas.

About HighPointe Group:

HighPointe Group, LLC, a privately held, employee owned company has over 50 years of combined experience in telecommunications, broadcasting, and real estate. HighPointe Group's sole focus (without distractions) is helping carriers/broadcasters deploy networks and their content through active rooftop management and consulting in New York and other U.S. metropolitan areas. HighPointe does not own towers therefore the group never competes with its customers. Our 3,000+ properties and landlords benefit from our singular vision as we leverage our experience to create revenue and build solid relationships with better results.