WASHINGTON-Broadband over Power Lines is a reality but it won't be much better than current high-speed offerings, according to speakers at a recent panel discussing the technology. "BPL is moving beyond the theoretical stage," said Joseph Fergus, president and chief executive officer of Communications...
BOCA RATON, Fla.-Tower operator SBA Communications Corp. announced a fourth-quarter net loss of $41.8 million, or 66 cents per share, compared with a net loss of $52.8 million or 98 cents per share in the same period last year.The company, which has adjusted its...
NEW YORK-Once again, the tower operators are postponing their earnings releases for the fourth quarter. The major players, American Tower Corp., Crown Castle International and Global Signal Inc., said they are still reviewing their accounts.Others like SBA Communications and SpectraSite have not released their...
BOSTON-American Tower Corp. said it will postpone its 2004 earnings release for the second time to enable it to complete the year-end audit of the company.The company had earlier delayed the results release until today.The tower operator said it anticipates a loss of between...
American Tower Corp. said it will restate its previously issued financial statements for periods ending on or prior to Sept. 30 last year. It will affect the three-year period ended Dec. 31, 2003, and the first three fiscal quarters of 2004. The review comes...
HOUSTON-Crown Castle International said it experienced better-than-expected lease activity for 2004 with more than a 40-percent increase in site-leasing activity compared with 2003.The company has put off its earnings release and conference call for March 9 and March 10 respectively. The postponement was triggered...
WASHINGTON-North Carolina authorities confirmed they are investigating the death of a man who fell at least 100 feet from a cell-phone tower owned by Alltel Corp. and managed by American Tower Corp.An American Tower official said the company is conducting its own probe of...
SARASOTA, Fla.-Global Signal Inc. said it will review its financial statements owing to changes in accounting rules about ground leases instituted by the Securities and Exchange Commission.The tower operator said it will affect the two months ended December31, 2002, the fiscal year ended December...
BOSTON-American Tower Corp. said it will restate its previously issued financial statements for periods ending on or prior to Sept. 30 last year.It will affect the three-year period ended December31, 2003, and the first three fiscal quarters of 2004."The company will restate financial statements...
WASHINGTON-Broadband over Power Lines is a reality but it won't be much better than current high-speed offerings, experts told reporters Thursday. "BPL is moving beyond the theoretical stage," said Joseph Fergus, president and chief executive officer of Communications Technologies Inc. (ComTek), which owns and...
WASHINGTON-Former wireless policy-maker Michael T.N. Fitch has been named president of PCIA, a trade group that represents tower companies. Fitch, who succeeds long-time PCIA head Jay Kitchen, will officially take over at the association March 1.An internationally recognized expert on radio and satellite telecommunications,...
At long last, the tower deal causing months of speculation is etched on the record books. Global Signal Inc. has won the exclusive rights to lease or operate more than 6,600 towers from Sprint PCS for 32 years, sending Global's share price up 7.2...
SARASOTA, Fla.-Like other major tower operators, Global Signal Inc. said it plans to release its fourth-quarter and year-end 2004 financial results March 10. The decision followed a letter from the Securities and Exchange Commission calling for a change in lease accounting. It will affect...
SAROSTA, Fla.-Like other major tower operators, Global Signal Inc. said it plans to release its fourth-quarter and year-end 2004 financial results March 10. The decision followed a letter from the Securities and Exchange Commission calling for a change in lease accounting. It will affect...
The top two tower operators, Crown Castle International and American Tower Corp., plan to make non-cash adjustments to their financial statements in light of a Feb. 7 Securities and Exchange Commission letter. The two operators plan to release their quarterly results March 9.Crown Castle...
Building the network for a single-service protocol provided its own challenges. GSM, despite its worldwide acceptance, had to work out a profitable model. That compelled carriers to determine what kind of base stations to deploy, how many towers to install and where to locate...
Two U.S. wireless carriers made changes to previously announced exchange offers, with one company suspending its offer.Regional wireless operator Dobson Communications Corp. said it has filed a "pre-effective" amendment to its registration statement with the U.S. Securities and Exchange Commission reflecting changes to the...
SAN FRANCISCO-Sprint PCS may be near selling its tower business to Global Signal Inc. for $1.2 billion, according to press speculations.The deal, which entails up to 6,500 towers, is expected to be announced today.Global Signal has been one of the top contenders for the...
Although only two teams will line up on the field Sunday for the grand culmination of the professional football season, multiple players will participate in Super Bowl XXXIX in one wireless capacity or another.Verizon Wireless upgraded cell sites and installed a pair of cell...
BEDMINSTER, N.J.-Verizon Wireless said it has upgraded cell sites and installed a pair of cell sites on wheels near Jacksonville, Fla.'s Alltel Stadium ahead of this weekend's Super Bowl, which is expected to attract more than 73,000 people to the event.The carrier noted that...
WASHINGTON-As expected, CTIA has told a federal appeals court it wants it to throw out the nationwide programmatic agreement recently entered into by the Federal Communications Commission, the federal Advisory Council on Historic Preservation and the National Conference of State Historic Preservation Officers."CTIA challenges...
ORLAND PARK, Ill.-Andrew Corp. said it had a robust first quarter with a 15-percent sales increase. It had $474.1 million in sales compared with $410.8 million in the year-ago period.Its net income was $14.6 million, or 9 cents per share, as against the year-ago...
WASHINGTON-Homeland security-as an overarching national policy and an omnipresent mindset created in the aftermath of the Sept. 11, 2001, terrorist attacks-has been a mixed blessing for a wireless industry which already had a good thing going generating hundreds of billions of dollars annually from...
WASHINGTON-Several Supreme Court justices appeared not to buy arguments that municipalities are liable for attorneys' fees and damages when they lose antenna-siting court cases. The case has huge monetary and indirect policy implications, but it will not settle the divisive federal-state issue of antenna-siting...
