LAS VEGAS-Following are the winners of the tower industry's Excellence in Business Awards sponsored by RCR and Shorecliff Communications Inc. The winners were announced last week at the 1999 Tower Summit & Trade Show in Las Vegas.Most Innovative Collocation Solution: Pacific CellSite Systems Inc.Most Creative...
LAS VEGAS-The agreement between Crown Castle International Corp. and GTE Corp. by many accounts eliminated the last major carrier tower portfolio on the market and capped off a year of massive and frenzied consolidation of tower assets into a handful of increasingly large hands.Several...
BOCA RATON, Fla.-SBA Communications Corp. reported revenues for the third quarter grew to $24.6 million, an increase of 85.1 percent from revenues of $13.3 million during the same quarter last year.SBA attributed the increase in revenues to higher site-leasing and site-development revenues. The quarterly...
Crown Castle International Corp. plans to acquire about 2,300 towers through a joint venture with GTE Corp.Crown Castle has a similar joint venture agreement with Bell Atlantic Corp., which is in the process of acquiring GTE. Including the GTE towers, Crown Castle controls about...
Tower companies late last week made several announcements: Nextel Communications Inc. signed a master lease agreement with Crown Castle International Corp. to collocate on 1,264 wireless sites owned by Crown Castle in the United States. The agreement represents annualized leasing revenue for Crown Castle...
WASHINGTON-A company with a name that means "a rapid gallop" or "the blare of a horn" next month plans to begin alpha testing a technology that could greatly reduce the gap between those who have high-speed Internet access and those who do not.Using dedicated...
The wireless industry had only just begun to discuss the idea of purchase leaseback arrangements last year when SpectraSite Communications Inc. forged the first such deal.The company in August 1998 agreed to buy 47 towers from personal communications services carrier Airadigm Communications Inc. and...
WASHINGTON-Bell Atlantic Mobile late Thursday received consent from the National Capital Planning Commission to site two towers inside Rock Creek Park here, but the carrier is expected to continue to push legislation that quickly would grant the necessary permits to build the towers."Our objective...
With 3,600 owned or managed towers in its inventory, Pinnacle Holdings Inc. ranks among the largest tower companies in the industry, but the way it built its portfolio differs from its peers.Pinnacle has completed more than 300 acquisitions to reach its present tower count...
While most tower companies have been focusing their attention on the domestic market, Crown Castle International Corp. has cast its net overseas.Crown, through its Crown Castle UK Ltd. subsidiary, controls 1,800 towers in the United Kingdom, including the BBC's TV and radio networks. Earlier...
WASHINGTON-When it comes to spending money to open doors and change hearts and minds in official Washington, the Cellular Telecommunications Industry Association is King of the Hill.As a wireless trade association, CTIA is without peer-a lobbying juggernaut. Money appears to be no object. In...
With a portfolio of nearly 1,000 towers, SBA Communications Corp. is among the top five public tower companies in the United States, and yet it is a small player among giants.In an industry where large transactions with thousands of towers changing hands have become...
American Tower Corp. reported strong third-quarter results, including improvements in net income and increases in revenues.The company said its revenues increased 121 percent to $67.5 million for the third quarter, ended Sept. 30, from revenues of $30.5 million for the same quarter last year....
American Tower Corp., the tower industry's heavyweight with nearly 10,000 towers in its portfolio, began as something of an afterthought."Our tower roots go back to my cable television days when companies like Motorola started coming to us looking to lease space on our towers,"...
WASHINGTON-The U.S. House of Representatives last week approved a new District of Columbia appropriations conference report, which includes a provision to foster antenna siting in Rock Creek Park and on other federal lands in the nation's capital.At RCR press time, the Senate was expected...
The first satellite for the Asia Cellular Satellite (ACeS) mobile telephony and data services communication system is scheduled to be launched in November from the Baikonur Cosmodrome in Kazakhstan, according to the satellite's manufacturer Lockheed Martin. The ACeS System is owned by Bermuda-based ACeS...
NEW YORK-The irony inherent in the proliferation of communications devices and technologies is the difficulty of getting them to interact with home base.Therein lies a business opportunity for MobileSys Inc., a Mountain View, Calif., start-up that provides middleware. Its mission is to serve as...
The term "consolidation" is now applied continually to the wireless telecoms industry. Yet it seems inadequate to describe a situation in which European telecom companies are disappearing at a rate of up to three a week.The dynamics are clear. Europe's former state-owned PTTs and...
In two different venues, two totally different approaches to antenna siting were on display in the nation's capital last week. In the power corridors of Congress, the House and Senate-hounded by warring lobbyists-deliberated over a controversial appropriations provision to foster antenna siting in Rock...
Following is a summary of the finalists for the tower industry Excellence in Business Awards sponsored by RCR and Shorecliff Communications Inc. Winners will be announced at the 1999 Tower Summit & Trade Show Nov. 8 in Las Vegas.Most Innovative Collocation Solution Crown Castle...
HarrisHarris Corp. previewed its ClearBurst 2.5/3.4/10.5 GHz point-to-multipoint system, the newest addition to the Harris broadband wireless access product line, which is intended for deployment by public service providers as well as private network operators. The ClearBurst product offers a solution for delivering Time...
American Tower Corp., Boston, completed a private placement of $584 million in debt securities, which it will use primarily for acquisitions and construction, the company said Oct. 8.The deal comprised $300 million in 10-year notes, sold at face value and paying an interest rate...
COLUMBUS, Ohio-Divine Tower International Corp. said it selected Lucent Technologies Inc. to provide approximately $100 million of wireless infrastructure equipment in the first year of a three-year contract.Under terms of the contract, Lucent will supply Code Division Multiple Access, Time Division Multiple Access, Global...
Got a scandal? You a friend of Gore? Who ya gonna call? Stan Brand, of course. Stan the Man is the go-to guy for Dems in decline. Brand helped Tennessee developer Franklin Haney escape unscathed from the FCC-Portals probe. Now Brand is trying to...
