BOCA RATON, Fla.—SBA Communications Corp. reported increased revenues for the fourth quarter and year ended Dec. 31, but the company's net loss increased as well.SBA said revenues for the fourth quarter totaled $69.15 million, compared with $53.6 million for fourth-quarter 2000. Year-end revenues totaled...
CARY, N.C.—SpectraSite Holdings Inc. reported results for the fourth quarter and year ended Dec. 31. The company's revenues for the quarter totaled $131.3 million, compared with $103.4 million for fourth-quarter 2000.Revenues for the year totaled $473 million, compared with $346.9 million for 2000.SpectraSite reported...
EDINBURG, Va.—Shenandoah Telecommunications Co. said it added 26,000 wireless customers last year, more than doubling its customer base to 49,000 subscribers.Company revenues increased more than $25 million from 2000 to $54 million last year, with revenues from its personal communications services operations posting $34...
PHOENIX, United States—After years of quiet work, Space Data finally officially announced its plan to operate as a carrier's carrier by using weather balloons to offer wireless services to vast rural areas.The company said its service will allow wireless paging and cellular carriers to...
BOCA RATON, Fla.-SBA Communications Corp. is going to reduce capital expenditures and new tower development activities in 2002, and suspend any material new investment for additional towers, the company said.Several offices will be closed and an unspecified number of employees will be laid off...
MIGDAL HAEMEK, Israel—Tower Semiconductor said it received a permit from the Israeli Securities Authority to publish a prospectus in Israel. The price of each security will be determined by a tender to be held on 22 January subject to a minimum price of about...
SANTA BARBARA, Calif.—Superconductor Technologies Inc. said it will introduce the IMT-2000 SuperFilter Tower Top System next week at the 3G Mobile World Summit in Japan. The product is a cryogenic receiver front-end system designed for international markets adopting 3G wireless standards. "We are introducing...
1. Jan. 29Re-auction brings in record $17B to FCCAfter 101 rounds and $16.85 billion, the Federal Communications Commission's auction of 422 personal communications services licenses ended last Friday. The auction, which began Dec. 12, broke the previous record of $9.2 billion for PCS spectrum...
WASHINGTON—Opportunities for wireless carriers to more quickly depreciate the amount of wireless equipment installed between Sept. 11, 2001, and Sept. 11, 2002, excluding towers stalled as the House and Senate bickered over a procedure on how to negotiate a $75 billion economic stimulus package.At...
ALEXANDRIA, Va.—The Personal Communications Industry Association's (PCIA) Site Owners and Managers Alliance (SOMA) announced it has formed the SOMA Technology Committee, which will promote effective communications and an understanding of technologies and service-related issues concerning the future of the tower industry."The technology behind the...
WASHINGTON—The National Association of Tower Erectors and the Occupational Safety and Health Administration have signed a partnership agreement to reduce injuries and deaths that are on the rise as wireless carriers compete to build out national networks. NATE and OSHA, which wanted a pact...
Pinnacle Holdings Inc. painted a grim picture during its third-quarter earnings call last week, as executives tried to offer some hope that the company is going to survive even though two of its customers have disappeared and another is about to call it quits."Pinnacle...
MANCHESTER, N.H.-Transcept Inc. launched OpenCell, a multitenant, multifrequency and multiprotocol system that can simultaneously host up to eight wireless service provider tenants, each functioning independently. "This new system offers tower aggregators a new avenue for growth, in terms of more sites and more tenants,"...
BOCA RATON, Fla.-SBA Communications Corp. reported strong results for the third quarter ended Sept. 30 with revenues of $63 million, an increase from the $45.4 million reported for third-quarter 2000.The company reported a net loss of $49.1 million, or $1.03 per share, compared with...
SARASOTA, Fla.-Pinnacle Holdings Inc. reported revenues for the third quarter ended Sept. 30 of $46.5 million, just slightly more than the $45.3 million the company reported in revenues for the same period the previous year.Pinnacle felt the impact of paging providers PNI and TSR...
WASHINGTON—The Federal Communications Bar Association will hold its 12th annual charity auction this week to benefit inner city schools here. Auction proceeds will go to the STEP/I Have a Dream program, a 16-year-long commitment to 73 students that has provided educational enrichment and mentoring...
SAN JUAN CAPISTRANO, Calif.—Shorecliff Communications and RCR Wireless News announced the finalists for the 2001 Excellence in Business Awards, scheduled to take place Oct. 30 at the 2001 Tower Summit and Trade Show at the Bally's Hotel in Las Vegas.The awards recognize leadership and...
SAN SALVADOR, EL SALVADOR—Wireless carrier Digicel signed an agreement with Velocitel to develop its GSM network in El Salvador.The "build-to-suit" lease arrangement will allow Velocitel to invest in transmission sites that provide market potential and strategic value to Digicel for extending coverage. Digicel will...
LONDON—Hutchison 3G UK, which purchased a license to offer third-generation (3G) services in the United Kingdom last year, signed an agreement with U.K.-based electric and telecom company National Grid to locate Hutchison's radio antennas on National Grid's existing towers.The value of the contract was...
BOCA RATON, Fla.-SBA Communications Corp. said it increased its portfolio by 210 towers in the third quarter ended Sept. 30, bringing the company's total tower count to 3,464.Of the 210 towers added in the third quarter, 133 were newly built and 77 were existing...
SAN JUAN CAPISTRANO, Calif.—The 2001 Tower Summit and Tradeshow in Las Vegas on Oct. 28-30, will hold specific panels and sessions to aid small to mid-size independent tower owners and managers who provide tower or rooftop space to the wireless communications industry. More than...
MANSFIELD, Vt.—The EMR Network asked the Federal Communications Commission to launch a rulemaking to re-examine radiation safety guidelines for mobile phones and base stations. "The pertinent regulations were revised in 1996-97. However, the supporting scientific and medical studies are no more recent than 1985....
WCitiesLocation-based information service provider WCities launched a geo-coded wireless service that provides location-specific information to individual users' cell phones. According to Tan Rasab, the company's chief executive officer, with the service, cell-phone and PDA users can find whatever they're looking for anywhere in the...
BOSTON-American Tower Corp. named James Taiclet president and chief operating officer. Taiclet previously worked for Honeywell International where he was president of Honeywell Aerospace Services.He replaces Doug Wiest, who is now executive vice president of operations.
