The Path to 5G Profitability for Data Centers, Towers and Real Estate Companies
April 30 2024 - 10:00AM
Business Wire
iconectiv® TruOps™ Common Language® enables
data center operators, towers and commercial real estate owners to
maximize their visibility, competitiveness and revenue
- What’s the News: A new iconectiv white paper explores
how data center operators and commercial real estate companies can
use Common Language to build awareness of their fiber,
interconnection and tower/site portfolios. iconectiv will showcase
Common Language during Connect(X) 2024 in Atlanta on May 14.
- Why it Matters: Companies with those assets risk missing
out on expanding market opportunities as CSPs add hundreds of
thousands of additional sites and data centers to support 5G and
expand their offerings.
- Who’s it for: Companies that own data centers, towers
and sites, real estate investment trusts and commercial real estate
such as shopping centers, apartment complexes and office
buildings.
By 2025, North America will be home to more than 335,000 5G
small cells as Communications Service Providers (CSPs) launch and
expand fixed wireless access (FWA) services such as residential
broadband and enterprise edge computing. That trend is creating
major immediate and long-term revenue opportunities for data center
operators and commercial real estate owners — but only if they
speak the same language as their prospective CSP customers.
CSPs will need access to hundreds of thousands of additional
office buildings, shopping centers, parking garages, apartment
complexes and other commercial real estate locations to deploy
their small cells. They also will need fiber and data centers to
connect their small cells and other base stations to cloud
providers to support value-added enterprise applications such as
edge computing.
A new white paper explores how data center operators and
commercial real estate owners can give themselves a major
competitive advantage in the 5G market by speaking the same
language that their CSP customers use over 47,000 times each day:
iconectiv® TruOpsTM Common Language®. As the industry’s
authoritative database, Common Language is the resource that CSPs
turn to first when looking for new sites, fiber and data centers
for network equipment, location and interconnection points. When a
CSP finds the infrastructure that meets its requirements using
Common Language Codes, they can easily select and implement them
into existing network planning and service activation
activities.
“Given that Common Language is the industry-standard resource
for network planning, CSPs know that it is key in enabling highly
informed network design, provisioning and interconnection so that
they can roll out high-quality mobile and fixed wireless access
services faster and more efficiently,” said Peter Ford, Executive
Vice President, iconectiv. “It is equally beneficial for data
center operators, real estate companies and other tower owners to
know about and leverage Common Language to ensure that CSPs can
instantly see their entire asset portfolio, fostering new tenants
and revenue stream opportunities.”
Common Language also provides an industry-standard nomenclature
to enable more informed network planning. For example, CSPs use
TruOpsTM Common Language® CLLITM Codes to instantly identify and
verify the location and functionality of network infrastructure
such as towers, poles, routers and points of presence. As a result,
CLLI Codes also eliminate problems that occur when data center
operators, real estate investment trusts (REITs) and other types of
tower and site companies provide incomplete or incorrect
information or use a nonstandard format.
The new white paper, “Revenue and Differentiation for Tower,
Data Center Operators,” also explains how most data center
operators and real estate companies already use Common Language
without realizing it — but also without leveraging all of its
revenue and competitive benefits. One example is when REITs
purchased towers and other sites from CSPs for leaseback over the
last 20 years. The original CSP owners used Common Language to
register detailed information about these assets. When the REIT
acquired the portfolio, it was unaware that this information
remained in the Common Language database and is still used today.
Unless the REIT has a Common Language subscription, the new owner
can’t take full advantage of CLLI Codes because it has no way to
verify and update its site information.
For more information about how data center operators, real
estate companies and other tower and site owners can use Common
Language, download the white paper, visit the Common Language
website, or stop by Booth #815 at Connect(X) 2024 in Atlanta from
May 14-16, 2024. iconectiv will also be speaking on the Connect(X)
panel, Leveraging Digital Twins Data to Improve Tower and Network
Asset Management, on Thursday, May 16 at 8:45 a.m.
About iconectiv
Your business and your customers need to confidently access and
exchange information simply, seamlessly and securely. iconectiv's
extensive experience in information services, digital identity and
numbering intelligence helps you do just that. In fact, more than
5K customers rely on our data exchange platforms each day to keep
their networks, devices and applications connected and 2B consumers
and businesses protected. Our cloud-based information as a service
network and operations management and numbering solutions span
trusted communications, digital identity management and fraud
prevention. For more information, www.iconectiv.com. Follow us on X
and LinkedIn.
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Media Contacts: Sharon Oddy, iconectiv +1-908-809-2268
soddy@iconectiv.com
Casey Bush Global Results Communications +1-949-608-0276
iconectiv@globalresultspr.com