San Jose cuts $1,500-plus light pole lease deal with AT&T
The City of San Jose and AT&T have a new agreement to put “small cells on city-owned assets in the public right of way”. A formal contract is still to be negotiated, but assuming the San Jose city council signs off on the deal points, AT&T will install “approximately” 170 small cell sites to upgrade mobile broadband coverage on city-owned light poles and other vertical infrastructure.
AT&T will pay the city an annual lease rate of $1,500 per small cell site, plus $1,850,000 to process the immediately necessary paper work and streamline future requests.… More