Towers

ALEXANDRIA, Va.-The Federal Communications Commission needs to “strike the proper balance” between regulation and forbearance, the Personal Communications Industry Association told a congressional task force on July 2. PCIA was …

NEW YORK-Heading into a scorcher of an Independence Day holiday, American stock markets closed in record-setting territory, thereby heating up the prospects for wireless sector companies seeking financing during the …

BOSTON-Consistent with the tower industry’s consolidation trend, American Tower Corp. scored high last week with several new transactions. The company signed a $39 million agreement to acquire 108 wireless communication …

WASHINGTON-Even as the National Capital Planning Commission was voting to further delay the siting of two Bell Atlantic Mobile towers in Rock Creek Park, the Senate was voting to override …

DENVER-Wireless carriers may be sitting on a revenue stream that would be relatively easy and cost-effective to deploy, according to Len Gee, vice president of North American Sales for Wireless …

The gap between large and small independent tower companies became wider last week as a pair of transactions added nearly 2,500 towers to the portfolios of two of the larger …

BOSTON-American Tower Corp. entered an agreement to acquire Dallas/Fort Worth Teleport, a full-service satellite telecommunications facility in Irving, Texas. The teleport supports 16 antennas offering video, voice and data services. …

Fresh from his turnaround performance leading MobileMedia Communications Inc. out of bankruptcy, former president and chief executive officer Ron Grawert has been named CEO of Clariti Telecommunications International. The company …

NEW YORK-For bond investors, high-yield debt deals by telecommunications and media companies are hard to ignore since they have constituted 30 percent to 40 percent of all new dollar-denominated issues …

BOSTON-American Tower Corp. said it entered into a purchase agreement to acquire approximately 75 communication sites in central and southern Illinois from Illinois PCS, a Sprint PCS affiliate. The 75 …

HOUSTON-Crown Castle International Corp. said it has acquired 619 wireless communications towers from Powertel Inc. for approximately $262 million in cash. The agreement provides Powertel with a 10-year lease, with …

WASHINGTON-The close of the six-year, $27 million Wireless Technology Research L.L.C. program has re-energized a public debate about whether mobile telephones cause cancer or pose other health problems to the …

Little appreciated until now in the Rock Creek Park-BAM cell tower dispute is the clout of the bird people. I was enlightened to this by an article in the May …

NEW YORK-SBA Communications Corp., a Boca Raton, Fla., owner of wireless communications towers, plans to go public in June via an offering of 11.54 million shares in an expected price …

In addition to adding towers to their portfolios, tower management companies also have started to bring wireless construction capabilities in-house in an effort to offer their carrier customers one-stop shopping. …

As deregulation slowly takes hold of the U.S. electric utility industry, many companies are beginning to take a look at wireless telecommunications as a way to hold on to their …

HOUSTON-Crown Castle International Corp. raised $850 million last week from the sale of two 12-year note issues totaling $482 million and a secondary offering of 21 million shares of common …

SARASOTA, Fla.-Pinnacle Holdings Inc. said it entered into an agreement to acquire 73 towers in Louisiana and southeast Texas for $19 million in cash.

After securing purchase-leaseback deals with BellSouth Cellular Corp. and Powertel Inc., Crown Castle International Corp. capped off its first quarter with significant increases in revenues and cash flow. Total revenues …

WASHINGTON-The Cellular Telecommunications Industry Association blasted Rep. Charles Bass’ (R-N.H.) pro-local antenna siting bill, saying it would undermine public safety and competition and potentially make local zoning authorities hostage to …

Harris Harris Corp. named its current Communications Sector President, E. Van Cullens, president and chief operating officer of the company, effective July 1. He will be responsible for overseeing the …

The transition of control of cell sites from wireless carriers to independent tower companies is accelerating, and build-to-suit companies increasingly are getting the call from carriers to handle the buildout …

The Alliance for Telecommunications Industry Solutions launched its enhanced Web site and home page-www.atis.org-designed to serve as a centralized location for daily updates on the work of ATIS-sponsored committees and …

MCLEAN, Va.-SpectraSite Communications Inc. and Nextel Communications Inc. announced an agreement under which SpectraSite will purchase 2,000 Nextel towers and build 1,700 more for $560 million in cash. Nextel, for …

NEW YORK-The New York Wireless Carriers Coalition is hoping for passage this spring of a bill that some group members believe would be the first in the country to set …