American Tower Corp. (AMT) reported net income of $258.2 million on $499.8 million in revenue during its quarter ending Sept. 30. Income was up 19.2% and revenue jumped 16.1% from the year-ago period.The company also announced plans to buy 1,400 towers from South Africa's...
RCR Wireless News Senior Editor Dan Meyer will be in Dallas Nov. 9 to host a local event on “Mobile Broadband: Innovation and Opportunity.” The afternoon event will be an interactive discussion on the policies, investments and economic growth opportunities associated with mobile broadband....
Editor's Note: Following is the listing of the top 10 tower companies in the United States, along with a list of “honorable mentions” of companies that more than likely fall in the top 20 tower companies. A continuing trend in the tower industry is...
While the U.S. market remains the tower industry's bread and butter, a number of the top tower infrastructure providers are expanding overseas as growth opportunities present themselves in less-developed markets.SBA Communications Corp. (SBAC) has tower operations in the Western hemisphere, noted SBA CFO...
Editor's Note: This article originally appeared in PCIA's Wireless Infrastructure 2010 show guide. As wireless networks continue to need capacity to handle the explosion of data applications, Distributed Antenna Systems (DAS) networks continue to gain traction as a method to offload traffic from the...
HOLLYWOOD, Fla.—Distributed antenna systems, rooftop antennas and macrocellular towers will be key building blocks when deploying next-generation wireless networks. As such, today’s infrastructure providers are offering a wider array of tools to help build out these networks.Top tower company CEOs speaking to RCR Wireless...
Sybase 365 said it had processed more than 1 trillion interoperator messages since it launched the first SMS interoperability messaging hub in 2001. The milestone is equivalent to processing about 32,000 messages per second for every second of one year, said the company. Sybase...
ADC TelecomDenmark: With engineering company Ramboll to deploy its InterReach Fusion distributed antenna system at its new headquarters in Orestad to provide multi-operator mobile voice and broadband data services. Value: UndisclosedAmerican TowerUnited States: With T-Mobile to deploy an outdoor distributed antenna network throughout Grosse...
A new study found consumers are using mobile devices to expand their in-store shopping experience. The study was conducted by Sterling Commerce, an AT&T Inc. company, and Demandware Inc. The survey of nearly 4,000 U.S. consumers found that 15% use their mobile device to...
AirStrip Technologies, a mobile medical software company, said it closed a financing round with Sequoia Capital. The amount of the investment was not disclosed. The company said it would use the funding to market its AirStrip OB solution and to further develop and market...
Hydrogenics Corp., which develops products based on hydrogen generation and fuel cell technologies, forged a strategic alliance with CommScope Inc. (CTV) that calls for the companies to jointly develop next-generation power modules for telecom backup power applications. The deal includes an equity investment...
Accedian Networks, which provides service assurance solutions said it secured $19.5 million in a new round of funding. The round was led by Summit Partners and included participation from Rho Ventures and Skypoint Capital. The funds will be used to accelerate the company's commercial...
Editor's Note: Following are the top-paid CEOs of U.S.-based companies in the wireless industry. Last week, RCR Wireless News ran the list of the top 10 highest paid wireless executives. This week we are featuring No. 11- 20. Some caveats apply: private companies...
eAgency Mobile Solutions announced the availability of Application and Browser blocking, which is a new feature of its My Mobile Watchdog child safety device. The blocking service is a free and automatic enhancement for new and existing customers and allows parents to control...
American Tower Corp. said it has commenced an offer to exchange its outstanding $600 million worth of 4.625% Senior Notes due in 2015 for new 4.625% Senior Notes also due in 2015. The tower company said the exchange is being made to satisfy “certain...
Regional telecom operator Cincinnati Bell Inc. said it plans to sell 196 cell towers to American Tower Corp. for $100 million in an attempt “to improve liquidity and unlock shareholder value.”The sale will include towers in Ohio and Kentucky that the company said house...
Wireless-tower operator American Tower Corp. posted better-than-expected quarterly revenue but profit came in line with Wall Street expectations as expenses rose.Reuters
HOLLYWOOD, Fla. - The wireless industry is crowded with associations so it's imperative for those looking to succeed to find their niche.It appears PCIA has. PCIA, which was once a powerhouse for industry lobbying, has reinvented itself as the "Wireless Infrastructure Association," focused on...
On the surface, the 9th U.S. Circuit Court of Appeals' decision to reverse a three-judge panel and hand San Diego County a surprise victory over Sprint Nextel Corp. is just another in a series of conflicting court rulings on antenna siting. But legal wrangling...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors --R.W. Baird lowered its estimates on Alcatel-Lucent after the company reported in-line results and maintained guidance. The lowered EPS estimates reflect expected...
Despite ongoing government and industry efforts to improve safety, maintenance of mobile-phone and other communications towers continues to be the most hazardous work around. And because of the relatively small number of employees in the business compared to other industry sectors, tower climbing -...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Credit Suisse First Boston lowered its estimates on Leap Wireless to a loss of $1.03 from breakeven for 2008 due to a reduction in EBITDA...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Standard & Poor's Ratings Services assigned its A rating to AT&T's 6.125% global notes due 2015. The ratings reflect the company's strong position in the...
In the Dec. 17 issue of the newspaper in a speculation piece on why Clearwire stock was increasing (page 20), it should have been noted that Raymond James and Associates did not think American Tower was a likely buyer of Clearwire.
