MOUNTAIN VIEW, Calif.—VeriSign Inc. confirmed it received a grand jury subpoena requesting documents related to the company’s stock-option grants and practices. The company is the latest in a growing list …
American Tower
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BOSTON—American Tower Corp. says it intends to “vigorously defend” its stock-option granting practices in the face of two lawsuits filed just days after the company received a subpoena from a …
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The nationwide investigation into executive stock-option grants seems to be widening daily. And some major players in wireless are coming under the microscope. At issue is the practice of retroactively …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …
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BOSTON—American Tower Corp. said it received a subpoena in the rapidly widening probe of stock-option grants that is ensnaring several major wireless players. The company, which owns and operates more …
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BOSTON—American Tower Corp., the nation’s largest tower company, announced that it received a formal letter of inquiry about its stock option grants from the Securities and Exchange Commission. The company …
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SARASOTA, Fla.—For the fourth quarter in a row, Global Signal Inc. blamed its net losses on the company’s $1.2 billion cash purchase of 6,600 Sprint Nextel Corp. towers, which the …
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Following several years of lean results, tower companies appear to be righting their ships thanks to network expansions and new technology investments. Indeed, Mark DeRussy, analyst with Raymond James Equity …
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BOSTON—American Tower Corp. narrowed its financial losses, reporting first-quarter net losses of $2.6 million from revenue of $320.4 million compared to the year-ago loss of $31.6 million based on revenue …
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WESTBOROUGH, Mass.-Eager to expand its portfolio, tower owner and operator Optasite Inc. completed a $125 million round of debt and equity financing. The company also closed on a slew of …
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WESTBOROUGH, Mass.—Eager to expand its portfolio, tower owner and operator Optasite Inc. completed a $125 million round of debt and equity financing. The company also closed on a slew of …
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BOSTON-Citing accounting changes and an increase in outstanding shares, American Tower Corp. posted a fourth-quarter net loss of $87.3 million on revenues of $307.6 million. For the same period in …
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Tower circles are buzzing with speculation as to who will walk off with AAT Communications Corp. and its 1,900 or so towers, in effect pushing aside fourth-quarter results from Crown …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carriers Prudential Equity Group lowered its subscriber net adds …
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BOSTON—Citing accounting changes and an increase in outstanding shares, American Tower Corp. posted a fourth-quarter net loss of $87.3 million on revenues of $307.6 million. For the same period in …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carriers Prudential Equity Group lowered its price target and estimates …
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WASHINGTON-Top U.S. mobile phone carriers have joined to bid for rights to offer wireless service in hundreds of subway stations throughout New York City. Cingular Wireless L.L.C., Verizon Wireless, Sprint …
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Editor’s note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, …
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Editor’s note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, …
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Global Signal Inc., the nation’s third-largest tower company with around 11,000 towers, reported a third-quarter net loss of $15.4 million, or 23 cents per share. The numbers are a steep …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carriers Fitch Ratings placed Telephone and Data Systems Inc. and …
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BOSTON-American Tower Corp., the nation’s largest tower company, posted an operating profit of $176.7 million in its rental and management segment, up 49 percent from a year ago. The company …
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WASHINGTON-North Carolina’s potentially precedent-setting telecom tower standard has gone into effect, despite objections from the National Association of Tower Erectors to a fall-protection provision that it says is too harsh …
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Cable & Wireless Rick Kimsey joined Cable & Wireless as the company’s new chief executive officer for the Caribbean. In addition, Leonardo de Barros, the current chief operating officer for …
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Most wireless communications towers were able to remain at least upright through Katrina’s wrath. Power and telecommunications facilities sustained widespread damage from water in some of the hardest-hit areas, but …