Towers

BOSTON-American Tower Corp. has closed its previously announced offerings of Class A common stock and 3.25-percent convertible notes due 2010. With the closing of the Class A common stock offering, …

TOKYO-Furukawa Electric Co. Ltd. and Sumitomo Electric Industries Ltd. will consolidate their wireless technology operations in a joint venture company. The new company will focus on development, production, sales, maintenance, …

Second-quarter results from public tower companies reflect improved financial stability and greater optimism that cell-site additions will ramp up in the coming months. Crown Castle International Corp. released its second-quarter …

As more wireless issues are hotly contested at the state level, state wireless associations could become more popular. The wireless industry in Tennessee has coalesced to form the Tennessee Wireless …

HOUSTON-Crown Castle International Corp. was the latest public tower company to release its second-quarter 2003 financial results. The company reported revenue of $224.2 million, down slightly from $225.5 million for …

BOSTON-American Tower Corp. has priced the public note offering and the convertible note offering it announced earlier this week. The company will sell $175 million principal amount of its 3.25-percent …

BOSTON-American Tower Corp. said it will commence a public offering of 12.4 million shares of Class A common stock for $114.4 million in net proceeds, which it will use to …

BOSTON-American Tower Corp.’s second-quarter 2003 financial results reflected increased revenues as well as increased losses, and showed the company is still shedding non-core assets to further its financial stability. The …

AT&T Wireless Services Inc. continued to expand the reach of its GSM/GPRS service last week, signing roaming agreements with Dobson Communications Corp. and its joint venture American Cellular Corp. that …

WASHINGTON-WorldCom Inc.’s proposed $144 million sale of fixed wireless assets to Nextel Communications Inc. potentially faces far more obstacles than initially thought, a situation that a federal bankruptcy judge is …

Nextel Communications Inc. surpassed even the most bullish expectations, posting a quarterly record 591,000 net customer additions during the second quarter, compared with 469,000 net customer additions during the second …

BANGKOK-Verizon has agreed to sell its 10-percent stake in Thai telecom company TelecomAsia to Golden Tower Trading Ltd. and Mission Gain Investments Ltd. for an undisclosed amount. “Our decision to …

BANGKOK-Verizon has agreed to sell its 10-percent stake in Thai telecom company TelecomAsia to Golden Tower Trading Ltd. and Mission Gain Investments Ltd. for an undisclosed amount. “Our decision to …

Nextel Communications Inc. reported a strong quarter of subscriber additions and rising revenues, but the news didn’t help spur a market depressed by unimpressive reports from industry heavyweights like Nokia …

PORTLAND, Ore.-Master Towers L.L.C. has purchased tower company Portland General Broadband Wireless L.L.C. from Oregon-based utility Portland General Electric, a subsidiary of Enron, for an undisclosed amount. With the company, …

NEW YORK-Standard & Poor’s Ratings Services assigned a CCC rating to the $230 million convertible senior notes recently issued by tower owner Crown Castle International Corp. The rating service also …

WASHINGTON-Nextel Communications Inc. came out of nowhere to win the auction of bankrupt WorldCom Inc.’s wireless assets with a $144 million bid, more than doubling the original offer by BellSouth …

Major carriers, network solution providers and handset manufacturers in North America and Europe have come together to discuss how to form a common standard to update software in wireless devices …

WASHINGTON-Nextel Communications Inc., desperately seeking spectrum, came out of nowhere to win the auction of bankrupt WorldCom Inc.’s wireless assets with a $144 million bid, more than doubling the original …

WASHINGTON-The Occupational Safety and Health Administration has expanded its tower safety program to several Eastern states, another move by federal officials to curb the unusually high rate of deaths and …

WASHINGTON-The Occupational Safety and Health Administration has expanded its tower safety program to several Eastern states, another move by federal officials to curb the unusually high rate of deaths and …

WASHINGTON-Western Wireless Corp. is protesting the Federal Communications Commission’s proposed fine for operating a tower in a historic area without proper authorization. The FCC wants to fine Western Wireless $200,000 …

WASHINGTON-Western Wireless Corp. on June 13 strongly objected to the Federal Communications Commission’s proposed fine for operating a tower in a historic area without proper authorization. The FCC wants to …

LAS VEGAS-The Cellular Telecommunications & Internet Association will play a role in Shorecliff Communications’ Tower Summit and Trade Show scheduled for October. CTIA’s sponsorship is notable because of the group’s …

SAN RAMON, Calif.-Sprint PCS affiliate UbiquiTel Inc. announced its Calif.-based subsidiary VIA Wireless L.L.C. sold 100 wireless communications towers to GoldenState Towers L.L.C. for $11.5 million. Ubiquitel, which plans to …