American Tower

Tower companies tend to fall into a safe and cozy place in the hard driving, fast moving wireless machine, seemingly immune to the pitfalls that plague carriers and network equipment …

WASHINGTON-An environmental group told the Federal Communications Commission it must conduct a nationwide environmental impact statement before approving any more towers or risk being in violation of various environmental laws. …

American Tower Corp. and SpectraSite Holdings Inc. reported positive operational results last week for the first quarter ended March 31. American Tower said it constructed 375 new towers, acquired 238 …

NEW YORK-Lenders anted up significant capital during the first quarter for the five publicly traded wireless tower companies, even as their share prices declined amid the stock market’s general concerns …

As wireless carriers focus more and more of their resources on reducing churn, signing up new subscribers and acquiring spectrum for third-generation services, tower siting and construction is continually falling …

BOSTON-American Tower Corp. reported revenues for the fourth quarter and year ended Dec. 31 of $243.8 million and $735.3 million, respectively, compared with revenues of $89 million and $258.1 million …

BOSTON-American Tower Corp. has priced the sale of 10 million shares of class A common stock through Goldman, Sachs & Co. in an underwritten public offering. The net proceeds of …

BOSTON-American Tower Corp. said it expects fourth-quarter revenues to be in the range of $226 million to $233 million, exceeding the company’s previously announced expectations due in part to stronger-than-expected …

Back in October, when the top brass of the tower industry converged in Las Vegas for the 2000 Tower Summit and Trade Show, the room buzzed with anticipation over the …

BOSTON-American Tower Corp. said it signed a definitive agreement with Alltel Corp. to acquire the rights to as many as 2,193 of Alltel’s communications towers through a 15-year sublease for …

NEW YORK-In this year’s RCR Wireless News Major Players Vendors listing, Nokia Corp. and Ericsson Inc. each moved up a notch, rising to first and second place respectively among equipment …

In the RCR Wireless News article, “Finalists named for tower industry awards” (Oct. 9, page 24), American Tower Corp. should have been listed as one of the finalists for Most …

NEW YORK-A 6-percent average summer dip in the price of shares in American Tower Corp., Crown Castle International, Pinnacle Towers Inc., SBA Communications and SpectraSite Communications also reflected “a shift …

Amdocs will integrate its IAF Horizon billing, rating, customer-care and service management solution with Comptel plc’s MDS mediation software to provide mobile Internet Protocol service providers with an integrated billing …

As the bigger tower companies gobble up tower sites across the country, TrinTel Communications Inc. is building its business on filling in the gaps and constructing new sites to lease …

OpenGrid Wireless Internet solutions provider OpenGrid Inc. appointed Gary Rhea to the position of chief financial officer. Rhea will oversee the company’s financial activities, including treasury, accounting, business planning and …

BOSTON-American Tower Corp. and U.S. Wireless Corp. said they have formed a strategic alliance to accelerate the deployment of a wireless location network that will provide wireless phone users with …

NEW YORK-Excluding the third-generation wireless impact, the number of cell sites for mobile communications in the United States likely will reach 140,000 in the next two years, said Ric Prentiss, …

The flurry of consolidation in the wireless industry leads the industry observer to believe a nationwide presence is a necessity to compete in this market going forward. AT&T Wireless Services …

American Tower Corp. completed its private placement of $450 million principal amount of 5-percent convertible notes due 2010, issued at 100 percent of their face amount. The amount includes the …

BOSTON-American Tower Corp. said it plans to make a private placement of $300 million of convertible notes due 2010 with the option granted to the initial purchasers of an additional …

BOSTON-American Tower Corp. is having a busy start to the new millennium, announcing a new merger and adding more towers to its portfolio. The merger, with Galaxy Engineering Services, will …

BOSTON-American Tower Corp., Boston, has obtained amended credit facilities, arranged by four financial institutions, that will permit it to take out revolving loans of up to $2 billion. “The new …

Brightpoint Inc. will continue as the exclusive distributor of Ericsson Mobile Phones in the United States, according to the company. The agreement extends Brightpoint’s distribution and sales of Ericsson wireless …

Looking out the window of his Los Angeles office, William E. Jackson II can see two wireless sites his company designed, but he hopes nobody else can see them. Jackson …