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Mobile infrastructure firm Cornerstone (CTIL), which was originally established as part of a UK network sharing deal between O2 (Virgin Media) and Vodafone (Vantage Towers), has expanded their partnership with Telecom Infrastructure Partners (TIP) to improve how they manage and renew existing telecommunications site agreements (wayleaves etc.).
The change is said to involve establishing a “more streamlined approach” to managing and renewing telecommunications site agreements across TIP’s portfolio, helping to “reduce complexity, improve collaboration and provide greater certainty for infrastructure providers and landowners“. But they don’t explain how this will work.
According to TIP, this should mean that CTIL spends less time managing administrative complexity and more time investing in their critical mobile infrastructure. Meanwhile, landowners have been told to expect a “more open, collaborative process centred on lasting relationships and mutual trust,” although in reality this may struggle to overcome the usual disputes over rental payments and site access etc.
The press release is quite wordy but doesn’t include a lot of useful detail or any comments from the leadership of either organisation, so we’ll leave it at that.