BROWSING: Towers

Customers mostly satisfied with wireless coverage on modest expectations

Most wireless customers are pleased with the services, coverage and customer services from their wireless carriers, according to a new report from JupiterResearch, a division of Jupitermedia Corp. According to the report, 68 percent of wireless users are satisfied or very satisfied with the...

Optasite pockets $10M for tower acquisitions

WORCESTER, Mass.-Optasite Inc., a wireless services firm that provides acquisition, cell site construction, testing and maintenance services, said it has received $10 million in financing.The company plans to use the new capital to develop and acquire wireless tower assets, initially in the Northeast and...

Optasite garners $10M for tower acquisitions

WORCESTER, Mass.-Optasite Inc., a wireless services firm that provides acquisition, cell site construction, testing and maintenance services, said it has received $10 million in financing.The company plans to use the new capital to develop and acquire wireless tower assets, initially in the Northeast and...

Customers mostly satisfied with wireless coverage on modest expectations

Most wireless customers are pleased with the services, coverage and customer services from their wireless carrier, according to a new report from JupiterResearch, a division of Jupitermedia Corp. According to the report, 68 percent of wireless users are satisfied or very satisfied with the...

American Tower hits expectations with 1Q financials

American Tower Corp. early Tuesday reported first-quarter financial results in line with analyst expectations.The company said total revenues were $186.2 million, up 15 percent from the first quarter of 2003. Income from operations increased to $21.8 million from $2.1 million last year. Net loss...

SpectraSite reports positive 1Q results

SpectraSite Inc. kicked off wireless tower company first-quarter earning releases this week on a positive note.The company said revenues for the first quarter were $84.6 million and operating income was $21.4 million. Net income, after expenses, was $7.1 million, or 15 cents per share,...

SBA Communications names new CFO

BOCA RATON, Fla.-SBA Communications Corp. announced it has hired a new chief financial officer. In addition to heading up financial aspects of SBA, Anthony Macaione, 40, will also serve as senior vice president. Macaione, a certified public accountant, joins from Perry Ellis International Inc.,...

Road to full wireless enhanced 911 starts to smooth out

WASHINGTON-It has been 10 years since the Federal Communications Commission took its first steps toward a nationwide wireless enhanced 911 system, and after a long struggle, important progress is being made."It is an incredibly successful and positive story particularly in contrast to the wireline...

Crown Castle's higher expectations raise tower sector

HOUSTON-Crown Castle International Corp. put wireless communications tower stock traders in a frenzy this week when it offered up a concrete sign of hope for the sector by raising its earnings expectations for the full year.Crown said it now expects site rental and broadcast...

Motsay promoted to RCR reporter

DENVER-Emily Motsay has been promoted to reporter at RCR Wireless News. Motsay covers the tower and in-building wireless beats for the publication and the rcrnews.com Web Site. She also reports on speech-recognition technologies and satellite services, as they pertain to the wireless industry. Motsay...

Crown Castle's higher expectations raise tower sector

Crown Castle International Corp. put wireless communications tower stock traders in a frenzy this week when it offered up a concrete sign of hope for the sector by raising its earnings expectations for the full year.Crown said it now expects site rental and broadcast...

Lehman Brothers begins tower company coverage

NEW YORK-Lehman Brothers analyst Blake Bath this week initiated coverage of tower companies American Tower Corp., Crown Castle International Corp. and SpectraSite Inc. with various ratings. Bath rated American Tower "overweight" with a $16 price target, Crown was rated "equal-weight" with a $15 price...

Power consultant warns that blackouts are unavoidable

WASHINGTON-An engineer/consultant that focuses on electricity reliability told a think-tank seminar Monday it is impossible to protect against blackouts like the one that crippled the Northeastern United States and parts of Canada last year."We are unable to protect ourselves from blackouts," said Steve Fairfax...

AAT closes acquisitions

ST. LOUIS-Privately held wireless tower owner AAT Communications Corp. announced it has closed its latest two acquisitions and has re-vamped its branding and marketing strategies.The company acquired 78 towers from Lake Charles, La.-based US Unwired Inc. and all assets, including 226 towers and 170...

Group charges tower too close to Old Faithful

WASHINGTON-The National Park Service has violated the law in allowing the construction of an 80-foot cell phone tower in close proximity to Old Faithful in Yellowstone National Park, according to Public Employees for Environmental Responsibility (PEER).According to PEER, the tower was built by Western...

NPS allows tower too close to Old Faithful

WASHINGTON-The National Park Service has violated the law in allowing the construction of an 80-foot cell phone tower in close proximity to Old Faithful in Yellowstone National Park, according to Public Employees for Environmental Responsibility (PEER).According to PEER, the tower was built in 2001...

Shorecliff to co-locate tower show with CTIA in '05

SAN JUAN CAPISTRANO, Calif.-Shorecliff Communications L.L.C. announced its 2005 Tower Summit & Tradeshow annual conference for the wireless tower industry will be co-located with the Cellular Telecommunication & Internet Association's CTIA Wireless 2005 show. "Tower Summit was launched eight years ago to serve the...

Calendar

SMB Forum March 15-16 The Yankee Group. San Francisco. www.yankeegroup.comInventory Management March 17-18 TeleStrategies. Washington, D.C. www.telestrategies.comCeBIT 2004 March 18-24 Hannover Fairs USA Inc. Hannover, Germany. (609) 987-1202 ext. 211. www.hfusa.com/cebitCTIA Wireless 2004 March 22-24 CTIA. Atlanta. www.ctiashow.comMobile Entertainment Summit March 21...

Monet closure adds to list of data-only defeats

When Monet Mobile Networks Inc. launched service in November 2002, many in the industry believed that the promise of advanced wireless data technology had finally become a reality-which is why the carrier's bankruptcy filing came as such a surprise."Personally, I'm very, very sorry to...

Tower players expect strong lease-ups ahead

Wireless communication tower owners American Tower Corp., Crown Castle International Corp. and SpectraSite Inc. spoke at last week's Raymond James & Associates Inc. Institutional Investors Conference, where all three companies expressed optimism for strong tower lease-ups in 2004. American Tower said it expects industry...

Sprint PCS considers tower sale?

OVERLAND PARK, Kansas-Rumors that Sprint PCS might sell its 6,000 wireless communications towers to reduce debt are again circulating, according to a report from Bloomberg. The Bloomberg report said Sprint has hired Citigroup Inc. and Bank of America Corp. to advise on the possible...

SpectraSite's broadcast services sale final

CARY, N.C.-SpectraSite Communications Inc. announced it has completed the sale of its broadcast services division to Doty, Moore & Hoenninger L.L.C., an investment vehicle owned by members of the broadcast group's existing management team."The sale of our broadcast services division represents the final step...

SBA results mixed

BOCA RATON, Fla.-SBA Communications Corp. rounded out the tower company fourth-quarter 2003 earnings with mixed results, released late Thursday.Total revenues stood at $57.6 million, compared with $57.4 million a year ago. Net loss was $51.2 million, or 95 cents per share, increased from a...

Litfiber to trade on Nasdaq OTC

TOMBALL, Texas-Litfiber Inc. announced it has acquired a public company, enabling it to be listed on the Nasdaq OTC Market as LTBI.Litfiber believes its stock will open around $4 per share, following the closing of its first round of financing. The company also said...