The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersMerrill Lynch lowered its fiscal 2006 EPS estimate on Alltel Corp. from $3.58 to $3.45 following mixed fourth-quarter results. Robert W. Baird introduced forecasts for...
Floating towers soon may give some rural North Dakotans better wireless voice and data coverage. Next month, Chandler, Ariz.-based Space Data Corp. is set to trial its latex communications balloons with Extend America, a North Dakota fixed broadband provider and Sprint Nextel Corp. iDEN...
The Chinese government has given its homegrown TD-SCDMA technology a thumbs up, calling it an officially backed standard, the Xinhua news agency reported. China's Ministry of Information Industry said the technology is "already mature and ready for manufacturers to move ahead with production."Industry analysts...
LAS VEGAS-What do Intel Corp., Modeo L.L.C., Motorola Inc., Nokia Corp. and Texas Instruments Inc. all have in common? They are all eager to promote Digital Video Broadcasting-Handheld, an open standard for broadcast digital TV reception on mobile devices. The companies formed the Mobile...
BOCA RATON, Fla.-Global Tower Partners says it's scooping up 209 towers and 24 tower sites under construction as part of an agreement to purchase the wireless assets of TCP Communications, a Massachusetts-based tower company. The deal brings GTP's nationwide collection of owned towers to...
With little fanfare, T-Mobile USA Inc. has expanded the reach of its network by more than 50 percent, chiefly through 850 MHz roaming agreements that have put the carrier on more competitive footing and mark a shift from its historic 1900 MHz-only platform. Most...
LUXEMBOURG-Mobile operator Millicom International Cellular said it's mulling over its options after receiving "a high number of unsolicited approaches," according to a company statement. According to the Wall Street Journal, the cellular carrier received indications of interest from as many as 10 unnamed companies,...
WASHINGTON-Two courts on opposite sides of the country have ruled in favor of Sprint Nextel Corp. and against two municipalities that wished to reject tower-siting applications. Both courts said that cities could not enact rules that arbitrarily restricted tower sites."Because the City of La...
WASHINGTON-Top U.S. mobile phone carriers have joined to bid for rights to offer wireless service in hundreds of subway stations throughout New York City. Cingular Wireless L.L.C., Verizon Wireless, Sprint Nextel Corp. and T-Mobile USA Inc. are bidding for the project. A Cingular spokesman...
Investors gave tower companies a thumbs up last week as plans for augmenting or expanding their facilities were greeted with a slew of new financing options. SBA Communications Corp., the nation's fifth-largest tower company, said it obtained a new $160 million credit facility. SBA...
The first public airing of Qualcomm Inc.'s proprietary MediaFlo technology for mobile TV is taking place as the Flo Forum submitted its specification proposal for the Flo air interface between towers and devices to the Telecommunications Industry Association subcommittee TR-47. The Flo Forum, led...
FREMONT, Calif.-The first public airing of Qualcomm Inc.'s proprietary MediaFlo technology for mobile TV is taking place as the Flo Forum submitted its specification proposal for the Flo air interface between towers and devices to the Telecommunications Industry Association subcommittee TR-47. The Flo Forum,...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersMorgan Stanley updated its estimates on Verizon Communications following the close of its acquisition of MCI. Fourth-quarter 2005 EPS estimate moves to 62 cents from...
WESTBOROUGH, Mass.-Tower company Optasite Inc. announced it obtained a new $65 million credit facility. The company said GE Capital Markets Inc. led the financing arrangements.GE Capital Markets was also the lead financer of SBA Communications Corp.'s recently announced $160 million credit facility. SBA is...
BOCA RATON, Fla.-The nation's fifth largest tower company, SBA Communications Corp., said it obtained a $160 million credit facility. GE Capital Markets Inc. led the financing arrangements.SBA noted the new facility replaces its prior facility, which became the mortgage loan underlying its recent $405...
Crown Castle International Corp.'s media subsidiary debuted a new name and marketing campaign amid details about its plans to use its tower network and unencumbered spectrum rights to launch live mobile TV in the nation's top 30 markets, including a launch in New York...
HOUSTON-Crown Castle International Corp.'s subsidiary, Crown Castle Mobile Media L.L.C., said it plans to use its tower network and its unencumbered spectrum rights to launch live mobile TV to the nation's top 30 markets. The company also said it plans to deliver video and...
Growth of the wireless location-pinpointing industry is evident with a flurry of company announcements. Boston-based Skyhook Wireless said it raised $6.5 million in its first round of Series B financing. The metro Wi-Fi location systems provider said Bain Capital Ventures led the round, along...
Verizon Wireless is expected to make headlines once again at the International Consumer Electronics Show this week in Las Vegas, unveiling a full-track mobile music download service. The carrier, which last year launched its Vcast offering at CES, looks to expand the service with...
Editor's note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, industry-impacting stories during the past 12 months. While our list does not include the...
Global Signal Inc. announced that David Grain is stepping down from his position as president of the nation's third-largest tower company. The company said its chairman and chief executive, Wesley Edens, will take on the president's title also. "We appreciate David's efforts on behalf...
Editor's note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, industry-impacting stories during the past 12 months. While our list does not include the...
MOUNTAIN VIEW, Calif.-Alvarion Ltd. announced that its BreezeACCESS VL is the wireless broadband base station muscle behind Rioplex Wireless' 5,000-square-mile deployment in Texas targeting high-capacity consumers and businesses using unlicensed spectrum. Rioplex is an end-to-end wireless operator that owns its backbone and last-mile networks...
It's time for New Year's resolutions: stop smoking, lose weight, get to the gym more often, and all sort of other well-meaning pledges that fade by February. As the shutters close on the Christmas selling season and carriers look to the projects, projections and...
