Trammell Crow to Provide Wireless Communications Sites at Bank of America Retail Banking Centers

Thursday 3 February 2005 16:17 CET | News

Unsightly cell phone towers may become a thing of the past, thanks to new wireless technology and a unique partnership between Bank of America and Trammell Crow Company

Under the partnership, TCCs Wireless Solutions Group will make available to wireless providers approximately 3,500 Bank of America retail banking centers nationwide for installation of state-of-the-art stealth transmission sites. These site installations will be built to mimic existing features, such as flag poles and light standards. Private building owners provide valuable space for the installation of stealthed cell sites, said Jason Warner, Senior Vice President and head of TCCs Wireless Solutions Group. We can merge state-of-the-art technology and design by creating wireless technology sites that resemble common elements already present in Bank of Americas banking centers. We can even create them to resemble pine trees or palm trees, depending on the banking centers geographic location. In the past 18 months, wireless service subscriptions have grown nearly 15%, according to the Cellular Telecommunications & Internet Associations (CTIA) Semi-Annual Wireless Industry Survey released in November 2004. Inadequate wireless coverage has long challenged mobile operators, and wireless carriers have sought to address this issue via aggressive network expansions in select regions across the country, as sites become available on a public or private basis. Technology has advanced to the point that large, unsightly cell towers can be replaced with smaller installations that are concealed from view. Bank of America banking centers offer opportunities to apply this kind of technology, because many of them are located in densely populated areas that have high cell phone usage. As Curt Grantham, TCCs senior managing director and alliance director for the Bank of America relationship, notes, By tapping into subject matter experts within our company who are outside of the account team, we are able to create new services and increase opportunities within the Bank of America portfolio. TCCs relationship with Bank of America extends back to 1993. It is one of the largest outsourcing partnerships in the real estate industry, with services including facility, project and transaction management services, lease administration, accounting, call center and mobile maintenance services encompassing 54.5 million square feet of the banks portfolio nationwide.

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Categories: Payments & Commerce | Payments General
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