Wireless equipment to go on Manhattan lampposts

Further proof New York's real estate market is inflated: The city plans to sell space on top of lampposts to wireless phone companies for $21.6 million a year, reports SiliconValley.com.

"The equipment would be attached to 18,000 of the city's 200,000 lampposts. T-Mobile, Nextel Partners, IDT and three other wireless carriers want the equipment to increase their networks' capacity.

No wireless equipment is on the lampposts yet, because the plan must undergo an aesthetic review by the city's Art Commission. Rules are strict: the equipment has to be the same color as the lamppost, cannot carry logos and must meet size constraints."

emily | 12:35 PM | News, Buzz |
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