BOSTON-American Tower Corp. completed its merger with SpectraSite Inc., creating a combined company with more than 21,500 wireless towers, more than 400 broadcast towers and nearly 100 in-building sites. Stockholders …
American Tower
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Following is information on wireless companies that had ratings changes and other news from investment banking and financial services firms this week. Moody’s Investors Service Inc. upgraded the long-term senior …
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American Tower Corp. completed its merger with SpectraSite Inc., creating a combined company with more than 21,500 wireless towers, more than 400 broadcast towers and nearly 100 in-building sites. Stockholders …
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As tower companies’ second-quarter earnings begin to roll in, three firms posted net losses last week, but industry analysts said the companies are on the right track and most rate …
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Following are changes in wireless company ratings reported by financial services and investment banking firms this week. Standard & Poor’s Ratings Services said Sprint Corp. and Nextel Communications Inc. remain …
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BOSTON-American Tower Corp. and SpectraSite Inc. announced Wednesday that their respective stockholders have approved the transaction for the companies to merge. The companies expect the merger to close on or …
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NEW YORK-Two of the nation’s largest tower operators posted second-quarter losses despite increasing revenues as they continued to move toward a pending merger. SpectraSite Inc. reported a net loss of …
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Kristen Beckman Following are ratings changes and other financial information for wireless companies announced this week by investment banking and financial firms. CIBC raised its estimates on Powerwave Technologies Inc. …
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Two of the nation’s largest tower operators posted second-quarter losses despite increasing revenues as they continued to move toward a pending merger. SpectraSite Inc. reported a net loss of $1.4 …
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BOSTON-American Tower Corp. announced it has completed its previously announced redemption of $75 million principal amount of its 9.375-percent senior notes due 2009. The company redeemed the notes pursuant to …
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BOSTON-American Tower Corp. announced a call for redemption of $75 million principal amount of its 9.375-percent senior notes due 2009. The redemption date is set for July 21. The notes …
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SARASOTA, Fla.-Global Signal Inc. filed a shelf registration statement with the Securities and Exchange Commission that calls for the company to sell up to $1 billion in debt securities, common …
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BOCA RATON, Fla.-Global Towers Partners said it has signed a definitive agreement to acquire 51 towers from Jesta Towers, a regional developer and wireless facilities owner with a focus on …
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Global Towers Partners said it has signed a definitive agreement to acquire 51 towers from Jesta Towers, a regional developer and wireless facilities owner with a focus on the Gulf …
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Following is a list of debt and financial ratings changes for wireless companies announced this week by financial firms. Merrill Lynch upgraded its view of the overall technology market from …
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Following is a roundup of wireless companies that received ratings changes from financial services companies this week. JP Morgan lowered its rating on SpectraLink from neutral to underweight. The firm …
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Less than a month ago, I wrote a column about how the recent lull in wireless activity (mergers, etc.) was just the calm before the storm. Boom! Did you hear …
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American Tower Corp. and SpectraSite Inc. announced they have agreed to merge in an $11.3 billion stock-for-stock transaction. The combination would create the largest tower company in North America with …
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In a record year for financial restatements, the wireless industry managed to stay relatively unsoiled. While other telecommunications, financial and manufacturing companies in 2004 faced various bookkeeping snafus, few wireless …
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The following wireless companies had debt ratings changes by financial services firms this week. Standard & Poor’s Ratings Services placed its ratings on four wireless tower companies on CreditWatch with …
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WASHINGTON-Legislation has been introduced in the North Carolina General Assembly that would overturn a fall protection provision in the state’s tower-safety standard, further keeping on hold a rule considered too …
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HOUSTON-Although they recorded increased revenues, two tower operators suffered net losses in their financial results for the fourth quarter of 2004 compared with the previous year. For the full year, …
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Although they recorded increased revenues, two tower operators suffered net losses in their financial results for the fourth quarter of 2004 compared with the previous year. For the full year, …
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NEW YORK-Once again, the tower operators are postponing their earnings releases for the fourth quarter. The major players, American Tower Corp., Crown Castle International and Global Signal Inc., said they …
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BOSTON-American Tower Corp. said it will postpone its 2004 earnings release for the second time to enable it to complete the year-end audit of the company. The company had earlier …