MariTEL to Build Nationwide Broadcast Towers

MariTEL, the nation's leading provider of VHF marine wireless telecommunications, finalized an agreement with American Tower Corp. to develop a 250-300 tower network. American Tower owns and operates approximately 3,200 wireless communications towers in 44 states. The new towers, which are to be built according to MariTEL's specifications, will serve as the physical backbone of the MariNET, the marine wireless local loop. Under the agreement, American Tower will construct or place MariTEL on tower sites as the anchor tenant. The towers will be sited along the coastal and inland waterways of the U.S.