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Home - American Tower - Page 11
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American Tower

  • VeriSign probed over stock-option grants

    by RCR Wireless News June 28, 2006
    by RCR Wireless News June 28, 2006

    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 …

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  • AMT says it will defend against stock-option lawsuits

    by RCR Wireless News May 30, 2006
    by RCR Wireless News May 30, 2006

    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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  • Wireless snared in stock-option net

    by RCR Wireless News May 29, 2006
    by RCR Wireless News May 29, 2006

    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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  • Weekly wireless ratings wrap-up

    by RCR Wireless News May 26, 2006
    by RCR Wireless News May 26, 2006

    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 …

    Read more
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  • American Tower hit with subpoena in stock-option investigation

    by RCR Wireless News May 23, 2006
    by RCR Wireless News May 23, 2006

    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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  • SEC investigates stock option grants at American Tower

    by RCR Wireless News May 19, 2006
    by RCR Wireless News May 19, 2006

    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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  • Global Signal posts Q1 loss on tower acquisitions

    by RCR Wireless News May 9, 2006
    by RCR Wireless News May 9, 2006

    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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  • Tower sector improves, more buyouts expected

    by RCR Wireless News May 1, 2006
    by RCR Wireless News May 1, 2006

    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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  • American Tower up on solid 1Q news

    by RCR Wireless News April 26, 2006
    by RCR Wireless News April 26, 2006

    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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  • Optasite adds $125 million to tower plans

    by RCR Wireless News March 27, 2006
    by RCR Wireless News March 27, 2006

    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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  • Optasite adds $125 million to tower plans

    by RCR Wireless News March 20, 2006
    by RCR Wireless News March 20, 2006

    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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  • Wall Street cool to American Tower’s 4Q losses

    by RCR Wireless News March 6, 2006
    by RCR Wireless News March 6, 2006

    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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  • AAT sale could fetch $1 billion

    by RCR Wireless News March 6, 2006
    by RCR Wireless News March 6, 2006

    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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  • Weekly wireless ratings wrap-up

    by RCR Wireless News March 3, 2006
    by RCR Wireless News March 3, 2006

    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 …

    Read more
    0 LinkedinEmail
  • Wall Street cool to American Tower’s 4Q losses

    by RCR Wireless News February 24, 2006
    by RCR Wireless News February 24, 2006

    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 …

    Read more
    0 LinkedinEmail
  • Weekly wireless ratings wrap-up

    by RCR Wireless News February 10, 2006
    by RCR Wireless News February 10, 2006

    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 …

    Read more
    0 LinkedinEmail
  • Several companies reportedly vying for NYC subway contract

    by RCR Wireless News January 19, 2006
    by RCR Wireless News January 19, 2006

    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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  • Top Stories of 2005

    by rcrwireless December 28, 2005
    by rcrwireless December 28, 2005

    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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    0 LinkedinEmail
  • Top Stories of 2005

    by rcrwireless December 26, 2005
    by rcrwireless December 26, 2005

    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’s income dives on tower integration, American Tower financials on upswing

    by RCR Wireless News November 14, 2005
    by RCR Wireless News November 14, 2005

    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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  • Weekly wireless ratings wrap-up

    by RCR Wireless News November 11, 2005
    by RCR Wireless News November 11, 2005

    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 …

    Read more
    0 LinkedinEmail
  • American Tower rises on SpectraSite merger

    by RCR Wireless News November 3, 2005
    by RCR Wireless News November 3, 2005

    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 …

    Read more
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  • N.C. tower law may be blueprint for nation

    by RCR Wireless News October 24, 2005
    by RCR Wireless News October 24, 2005

    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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  • People

    by RCR Wireless News October 17, 2005
    by RCR Wireless News October 17, 2005

    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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  • Tower industry rolls up sleeves, pitches in

    by RCR Wireless News September 12, 2005
    by RCR Wireless News September 12, 2005

    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 …

    Read more
    0 LinkedinEmail
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