On Monday, DISH Network Corp. (DISH) and SBA Communications Corp. (SBAC) announced a new long-term master lease agreement, which will provide DISH access to SBA’s extensive nationwide portfolio of wireless communication sites.
This agreement supports DISH’s ambitious goal to build a 5G network large enough to cover at least 70% of the US before the year 2023. This agreement gives DISH access to the essential real estate infrastructure needed to deploy its greenfield 5G network coast to coast.
As part of the agreement, DISH will lease towers from SBA, and SBA is expected to deliver a variety of pre-construction functions, ranging from site acquisition to regulatory and compliance services.
“With experience spanning more than thirty years, SBA brings a valuable team and portfolio to our infrastructure mix,” said Dave Mayo, DISH Executive Vice President of Network Development. “This agreement provides DISH with access to key real estate that will help advance our rapid 5G network deployment across the U.S.”
“We are excited to expand our partnership with DISH in their efforts to build out a nationwide wireless 5G network,” said Jeff Stoops, SBA’s President and Chief Executive Officer. “We believe the quality of our assets and our long history of working closely with DISH will allow us to be a key support to them in their 5G network deployment.”