ST. LOUIS-AAT Communications Corp. and Bechtel Telecommunications have signed a national two-year contract under which they will partner to offer wireless carriers a one-stop solution for tower siting and network expansion projects.According to the partnership, Bechtel becomes AAT's preferred contractor for new tower deployments,...
Jay Kitchen, president and chief executive officer of PCIA, plans to retire from the industry trade group he has led for 10 years.Kitchen expects to stay with the group for a year to head up a transition team that will name his successor. "We...
Sprint affiliate iPCS Inc.'s operating facility iPCS Wireless will sell 92 wireless communications towers to TCP Communications L.L.C. for proceeds of $16.5 million. The towers, mainly located in Michigan, Illinois, Iowa and Nebraska, average $180,000 per tower. The sale is expected to close by...
ST. LOUIS-AAT Communications Corp. and Bechtel Telecommunications have signed a national two-year contract under which they will partner to offer wireless carriers a one-stop solution for tower siting and network expansion projects.According to the partnership, Bechtel becomes AAT's preferred contractor for new tower deployments,...
SCHAUMBURG, Ill.-Sprint affiliate iPCS Inc.'s operating facility iPCS Wireless will sell 92 wireless communications towers to TCP Communications L.L.C. for proceeds of $16.5 million.The towers, mainly located in Michigan, Illinois, Iowa and Nebraska, average $180,000 per tower. The sale is expected to close by...
Jay Kitchen, president and chief executive officer of PCIA, will retire, according to a release issued today by the wireless tower industry trade organization.Kitchen will stay with the group for a year to head up a transition team that will eventually name his successor....
German wireless operator E-Plus has developed and applied for a patent for a new system to expand its UMTS network called Ultra High Sites, which the carrier said would reduce its third-generation buildout costs.The innovation will save E-Plus about $72.3 million in capital expenditure...
As expected, Crown Castle International Corp. completed the sale of its U.K. subsidiary, including 3,600 tower sites, to British utility company National Grid Transco plc for $2.035 billion in cash. Upon completion, Crown used $1.3 billion of the proceeds from the transaction to fully...
Nortel Networks Ltd. said it will supply its converged multiple network offering to rural carrier Western Wireless Corp. Nortel said it will supply Passport 15000 Multiservice Switches to bring the carrier's CDMA, GSM/GPRS and TDMA/AMPS networks onto one transport network. "This new converged network...
THE HAUG, The Netherlands-German wireless operator E-Plus has developed and applied for a patent for a new system to expand its UMTS network called Ultra High Sites, which the carrier said would reduce its third-generation buildout costs.The innovation will save E-Plus about $72.3 million...
As expected, Crown Castle International Corp. today completed the sale of its U.K. subsidiary, including 3,600 tower sites, to British utility company National Grid Transco plc for $2.035 billion in cash. Upon completion, Crown used $1.3 billion of the proceeds from the transaction to...
WASHINGTON-Mobile-phone firms are again confronting a health issue that industry lawyers have successfully beaten back in court to date.The controversy over whether radiation-emitting wireless handsets and base stations pose health risks to consumers has been relatively quiet during the past two years since a...
WASHINGTON-The International Association of Firefighters has called for a moratorium on new cell towers on fire stations until health effects can be studied, according to a Vermont-based advocacy group.The EMR Policy Institute said the IAFF, the nation's top firefighters union and an affiliate of...
BOSTON-American Tower Corp. has closed its previously announced sale of 3-percent convertible notes due 2012. The sale will result in net proceeds of approximately $335.9 million, which the company plans to use to refinance a portion of its outstanding 9.375-percent senior notes due 2009.American...
SpectraSite Inc. said it has purchased 191 wireless communications towers from affiliates of SBC Communications for $50 million in the final closing in its commitment to acquire SBC's leasehold and sub-leasehold interests.In all, SpectraSite purchased 319 SBC towers for $84 million."We are pleased that...
BOSTON-American Tower Corp. said it will sell $300 million in aggregate principal amount of its 3-percent convertible notes due Aug. 15, 2012, through an institutional private placement. The initial purchaser also has a 30-day option to purchase up to an additional $45 million aggregate...
In releasing its second-quarter financial results, American Tower Corp., the largest U.S. wireless tower company, maintained good favor with analysts who indicated its overall efforts to reduce its risk profile by streamlining debt and being selective about adding assets to its portfolio will add...
Change has been afoot in the wireless tower industry. In the past 18 months, two of the industry's five public players have gone through bankruptcy and returned, businesses have been divested and restructured, and stock valuations have fallen and risen like the tides. Meanwhile,...
Four of the five publicly traded wireless communications tower firms reinforced notions that this year would be a better one for the sector in their second-quarter 2004 financial results, released last week.In addition to its improved second-quarter results, SpectraSite Inc. announced the search is...
The launch of converged mobile devices, capable of communicating over both Wi-Fi and cellular technologies, suggests Wi-Fi, long hailed by start-up companies and tech-savvy consumers, may be gaining credibility among the big names in wireless.The launch of such integrated devices could also put investor...
Global Signal Inc. will acquire 235 wireless communications towers from private tower venture Lattice Communications L.L.C. for $115 million.The towers are primarily located in Indiana, Ohio, Alabama, Kansas and Georgia. The towers' tenants include the top six wireless carriers and subsidiaries of Cinergy Corp.,...
Two tower companies, SpectraSite Inc. and Crown Castle International Corp., reported improved quarterly financials.SpectraSite reported improved second-quarter financial results and announced the search is on for a new chief financial officer.The company said revenues reached $87.4 million, up from $77.6 million from the second...
The end of the year came early for AT&T Wireless Services Inc. as the carrier made good on its often-repeated plans to offer high-speed wireless data services before the calendar turned over as it launched what it termed commercial UMTS services in four markets...
Sprint Corp.'s often-rumored plans to sell its significant tower holdings could be getting closer to a reality as the company reported during its second-quarter conference call that it was exploring strategic initiatives for its approximately 6,300 cellular towers. Analysts estimate the towers could be...
