WORLD TOWER CONSTRUCTION DOMINATED BY THE CHINA WIRELESS MARKET

Prospect Heights, NY -- New tower construction remains strong in the China market which represented over 33% of total world demand in 2003. In total, new tower construction for wireless applications worldwide is expected to decline by 0.6% annually from 2004 to 2006 as many wireless operators in established markets continue to look to collocation and network sharing to expand networks. However, the China market will continue to show significant growth of over 10% annually.

In slowing markets, such as the United States and Europe, the market for tower construction will continue to decrease by nearly 9% annually to 2006 with nearly 50% of construction continuing to be guyed or self-supporting structures through 2004.