Just when municipal Wi-Fi projects are gaining support from incumbent telcos, the battle between the City of New Orleans and BellSouth Corp. slaps the conflict back onto center stage. New …
Towers
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WESTBOROUGH, Mass.-Eager to expand its portfolio, tower owner and operator Optasite Inc. completed a $125 million round of debt and equity financing. The company also closed on a slew of …
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AUSTIN, Texas—KGI Wireless Inc. said it snagged a multi-year deal to manage Alltel Corp.’s 3,000 wireless tower sites. The agreement represents the first time a domestic wireless carrier has selected …
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WESTBOROUGH, Mass.—Eager to expand its portfolio, tower owner and operator Optasite Inc. completed a $125 million round of debt and equity financing. The company also closed on a slew of …
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It was a week of mixed results for regional carriers, as numbers trickled in from a handful of operators-some of which had delayed their reporting or had to restate prior …
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SBA Communications Corp., the nation’s fifth-largest tower company, is offering $1 billion to acquire AAT Communications Corp., the nation’s sixth-largest tower company. SBA said it will pick up AAT’s 1,855 …
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BOCA RATON, Fla.—SBA Communications Corp., the nation’s fifth-largest tower company, is offering $1 billion to acquire AAT Communications Corp., the nation’s sixth-largest tower company. SBA said it will pick up …
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EDINBUG, Va.—The fourth quarter of 2005 was kind to Shenandoah Telecommunications Co., which outpaced analysts’ expectations as it brought in total revenues of $39.2 million, a jump of more than …
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News that AT&T Inc. would acquire BellSouth Corp. quickly sent ripples of rampant speculation through the industry, as observers tried to calculate the implications of the deal. Immediate reactions focused …
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When Cingular Wireless L.L.C. closed on its purchase of AT&T Wireless Services Inc. in late 2004, the company poured out an estimated $300 million in marketing during the fourth quarter …
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COLUMBUS, Ohio.—An Ohio WiMAX start-up that says it plans to launch a wireless nationwide triple play of data, voice and video services this fall announced a partnership with MODF.tv, a …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carriers Morgan Stanley downgraded its opinion on Alltel Corp. …
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BOSTON-Citing accounting changes and an increase in outstanding shares, American Tower Corp. posted a fourth-quarter net loss of $87.3 million on revenues of $307.6 million. For the same period in …
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SARASOTA, Fla.-Global Signal Inc. blames its fourth-quarter net losses of $18.8 million on costs from integrating and financing the sites it acquired from Sprint Corp. in May 2005. In 2004, …
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Tower circles are buzzing with speculation as to who will walk off with AAT Communications Corp. and its 1,900 or so towers, in effect pushing aside fourth-quarter results from Crown …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carriers Prudential Equity Group lowered its subscriber net adds …
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SARASOTA, Fla.—Global Signal Inc. blamed its fourth-quarter net loss of $18.8 million on costs it incurred while integrating and financing the tower sites it acquired from Sprint in May. In …
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EDINBURG, Va.—Shenandoah Telecommunications Co. announced that it plans to restate its financial results for the years 2003 and 2004, plus the first three quarters of 2005, with a cumulative net …
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REDMOND, Wash—Microsoft Corp. announced that it’s backing Digital Video Broadcasting-Handheld technology as a “founding member” of the Mobile DTV Alliance. Although the group formed in January, Microsoft only today announced …
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WASHINGTON-Complaints filed by mobile-phone subscribers at the Federal Communications Commission dropped in the fourth quarter of 2005 compared with the previous quarter. The FCC said wireless complaints decreased from 6,873 …
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Integration is one of Sprint Nextel Corp.’s biggest challenges this year as the company continues to digest its multiple mergers-ranging from the former Nextel Communications Inc. to various PCS affiliates …
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BOSTON—Citing accounting changes and an increase in outstanding shares, American Tower Corp. posted a fourth-quarter net loss of $87.3 million on revenues of $307.6 million. For the same period in …
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BOCA RATON, Fla.—SBA Communications Corp., the nation’s fifth-largest tower owner and operator, reported a fourth-quarter net loss of $32.2 million on revenue of $72.4 million. The results are a 10.5-percent …
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WASHINGTON—Complaints filed by mobile-phone subscribers at the Federal Communications Commission dropped in the fourth quarter of 2005 compared with the previous quarter, the agency said. The FCC said wireless complaints …
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WASHINGTON-North Carolina officials are probing the death of a worker who fell from a cell phone tower on Feb. 9. “We have an investigator assigned and he is working on …
