Sprint PCS tower assets are creating industry buzz again as the carrier affirmed it is talking with potential buyers. With its 6,200 towers up for sale, Sprint seems poised to get enough money to fund its merger with Nextel Communications Inc. and other technology...
WASHINGTON-Several Supreme Court justices today 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...
WASHINGTON-A U.K. health group said there is no solid evidence mobile phones pose health risks, but recommended cell-phone use by children and others be minimized and urged the public to take a precautionary approach to wireless calling as additional research is conducted to clarify...
WASHINGTON-The U.S. Supreme Court Wednesday is expected to hear oral argument as it decides whether a city has to pay attorney fees if it loses a tower-siting case. Mark Abrams, an SMR operator, wanted to use a 54-foot antenna on his property for commercial...
NEW YORK-Standard & Poor's Ratings Services placed its ratings on American Tower Corp. on CreditWatch with positive implications. S&P said American Tower, which has a B- corporate credit rating, had $3.2 billion of total debt outstanding at the end of September 2004."The CreditWatch listing...
WASHINGTON-A U.K. health group today said there is no solid evidence mobile phones pose health risks, but recommended cell-phone use by children and others be minimized and urged the public to take a precautionary approach to wireless calling as additional research is conducted to...
WASHINGTON-The Federal Communications Commission said it improved its Tower Construction Notification System and set up an e-mail account for other contacts with Native American tribes.The Tower Construction Notification System (TCNS) is an interactive, log-in and password-protected system that depends on information voluntarily provided by...
Even as it begins serious deployments of third-generation technologies, the wireless industry is hedging its bets on next-generation technology. Since W-CDMA and CDMA2000 someday may reach their tethers, some industry players are eyeing orthogonal frequency division multiplexing -OFDM-as the next big technology.Major vendors say...
With carriers focusing on network efficiency, tower companies are not expected to yield any immediate benefits from the anticipated merger between Sprint PCS and Nextel Communications Inc., according to analysts. In a few years, however, SpectraSite Inc. may reap some financial gains if and...
Global Signal Inc. said its board of directors has increased its cash dividend for the fourth quarter to 40 cents per share of common stock from 37 cents in the third quarter of 2004. The dividend is payable Jan. 20. The tower player owns...
SARASOTA, Fla.-Global Signal Inc. said its board of directors has increased its cash dividend for the fourth quarter to 40 cents per share of common stock from 37 cents in the third quarter of 2004.The dividend is payable Jan. 20.The tower player owns or...
Nortel Networks Ltd. has set Jan. 10, 2005, as the date it will file the unaudited statements for 2003 as well as the first and second quarters of 2004. The wireless vendor also said it plans to update the world on results for 2001,...
BOSTON-American Tower Corp. said it closed the sale of its 7.125-percent senior notes due 2012 for a total of $200 million principal amount of notes.Net proceeds to the company from the sale are about $199.8 million. American Tower said it will use the proceeds...
The world's two most popular consumer electronics devices may soon be combined into one-the mobile TV phone. Behold. Although one is designed for sedentary, passive entertainment and the other for portable, two-way interactions, technology companies the world over are scurrying to build devices that...
NEW YORK-The stakes for Sprint Corp.'s 6,500 cell-phone towers rose as at least four bidders have offered proposals to buy them in an auction that could bring in as much as $1.2 billion, according to a report in The Wall Street Journal. Liberty Media...
The stakes for Sprint Corp.'s 6,500 cell-phone towers rose as at least four bidders have offered proposals to buy them in an auction that could bring in as much as $1.2 billion, according to a report in The Wall Street Journal.Liberty Media Corp. and...
Sprint PCS affiliate iPCS Inc. closed on the sale and leaseback of 51 towers as part of an agreement reached in September to sell up to 92 towers to TCP Communications L.L.C. The carrier, which serves more than 240,500 customers in 40 markets scattered...
KANSAS CITY, Mo.-Sprint PCS affiliate iPCS Inc. closed on the sale and leaseback of 51 towers late last week as part of an agreement reached in September to sell up to 92 towers to TCP Communications L.L.C. The carrier, which serves more than 240,500...
WASHINGTON-Voters across the country had a decidedly mixed view about whether their telecom bills should increase to upgrade their local 911 systems. The most-watched vote was the rejection in California of a 3-percent increase for emergency services."Wireless consumers have said enough is enough. Consumers...
Crown Castle International Corp. said it purchased Verizon Wireless' 37.3-percent interest in their Crown Atlantic Joint Venture for $295 million, including $15 million of net working capital. The venture included 2,019 towers and has $180 million outstanding under its senior credit facility. Following the...
Crown Castle International Corp. said it purchased Verizon Wireless' 37.3-percent interest in their Crown Atlantic Joint Venture for $295 million, inclusive of approximately $15 million of net working capital. The venture included 2,019 towers and has $180 million outstanding under its senior credit facility.Following...
WASHINGTON-Voters across the country had a decidedly mixed view about whether their telecommunications bills should increase to upgrade their local 911 systems.The most-watched vote was the rejection in California of a 3-percent increase for emergency services."Wireless consumers have said enough is enough. Consumers sent...
SpectraSite Inc. continues to ride a wave of positive momentum following its emergence from Chapter-11 bankruptcy protection earlier this year.The company followed an improved second quarter with further improvements in both revenues and net income during the third quarter ended Sept. 30. SpectraSite said...
Nokia Corp. and U.S. tower firm Crown Castle International Corp. have partnered to bring video services to U.S. mobile users, the companies said Tuesday. In October, the team launched digital video broadcast for handsets (DVB-H) trials in Pittsburgh, transmitting television-type content to mobile devices....
