Crown Castle International Corp.'s $5.8 billion acquisition last week of Global Signal Inc. not only altered the tower industry's leadership position, but could spark another round of consolidation among industry players, with SBA Communications Corp. seen as the next likely target. Raymond James &...
HOUSTON—In the world of tower companies, where size definitely matters, No. 1 has just been usurped. Crown Castle International has skipped ahead of American Tower Corp.—the nation’s largest tower company—by buying Global Signal Inc. The deal, valued at $5.8 billion, will form a new...
Wireless data revenues are surging for U.S. carriers, but whether network operators can cash in on mobile entertainment is far from certain. It's no secret that network operators are wagering vast sums on wireless data to offset ever-slimming margins from voice, and those bets...
NEW YORK-Roughly 4 million U.S. consumers will subscribe to mobile broadcasts from dedicated, multimedia networks such as Qualcomm Inc.'s MediaFlo by the end of next year, according to new figures from ABI Research. The market research firm predicted that carriers will increasingly look to...
NASHVILLE, Tenn.-The Wireless Infrastructure Association's annual convention began with the launch of a new a new forum that says its mission is to promote the understanding, acceptance and deployment of distributed antenna systems. DAS usage is gaining ground as a way to propagate RF...
NASHVILLE, Tenn.-Tower industry officials last week said lessons learned from last year's horrific storms have made them better prepared for the next big one. Speaking at PCIA's wireless infrastructure convention, tower executives outlined how they have improved all aspects of disaster planning and response...
NEW YORK—Roughly 4 million U.S. consumers will subscribe to mobile broadcasts from dedicated, multimedia networks such as Qualcomm Inc.’s MediaFlo by the end of next year, according to new figures from ABI Research. The market research firm predicted that carriers will increasingly look to...
NASHVILLE, Tenn.—The Wireless Infrastructure Association officially launched the Distributed Antenna Systems Forum at the PCIA trade show, explaining that the group’s mission is to promote the understanding, acceptance and deployment of distributed antenna systems. Founding members of the new forum include Corning Cable, Crown...
During the long flight from Los Angeles back to Denver, I realized that the CTIA Wireless I.T. and Entertainment show turned out completely different than I had expected.When I first arrived in Los Angeles last Tuesday, I had fully expected a press release from...
In addition to the potential impact from Sprint Nextel Corp.'s WiMAX deployment, analyst firms expect tower companies to see an impact from the ongoing advanced wireless services spectrum auction. In a recent report, Merrill Lynch provided insights on potential tower industry challenges from the...
DALLAS-The U.S. mobile video market can't support all the multimedia networks scheduled to come online in the next 18 months, according to a new report from Parks Associates. The prospects appear bright for Sprint Nextel Corp.'s planned WiMAX network and Qualcomm Inc.'s MediaFlo, according...
DALLAS—The U.S. mobile video market can’t support all the multimedia networks scheduled to come online in the next 18 months, according to a new report from Parks Associates. The prospects appear bright for Sprint Nextel Corp.’s planned WiMAX network and Qualcomm Inc.’s MediaFlo, according...
SARASOTA, Fla.—For the fifth 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 company announced in May 2005. Global Signal said its second-quarter net losses grew to...
HOUSTON-Following Crown Castle International Corp.'s good news-the company's shrinking net loss in the second quarter-the company released some not-so-good news that the Securities and Exchange Commission has launched an informal inquiry into the company's stock-option practices. Crown said it will cooperate with the SEC...
HOUSTON—Following Crown Castle International Corp.’s good news—the company’s shrinking net loss in the second quarter—the company released some not-so-good news that the Securities and Exchange Commission has launched an informal inquiry into the company’s stock-option practices. Crown said it will cooperate with the SEC...
EMERYVILLE, Calif.—MobiTV Inc. said it snared a whopping $70 million in a Series C financing round led by Oak Investment Partners. The three-year-old wireless video provider said it will use the capital to expand its offerings internationally and across platforms. Oak Investment Partners’ Bandel...
Qualcomm Inc., Crown Castle International Corp. and Aloha Partners LP are each spending hundreds of millions of dollars to build dedicated networks for multimedia mobile content. And, analysts say, one of them is probably going to lose. Consumers will flock to mobile television services...
OYSTER BAY, N.Y.—Consumers will flock to mobile television services in the next few years, with most subscribers tuning into wireless broadcast offerings, according to two new studies. More than half a billion users are expected to subscribe to mobile TV services by 2011, up...
It wasn't long ago that wireless operators had a simple business plan for content and applications: Ink a boilerplate revenue-share deal, put the stuff on the deck and hope users download it. But mobile video is changing all that. As wireless TV begins to...
Global Tower Partners expanded its footprint in the Western United States with an agreement to buy 78 towers from Chinook Wireless Communications, a carrier holding 1900 MHz licenses in eight basic trading areas covering more than 1 million people across Montana and part of...
TAOYUAN, Taiwan—High Tech Computer Corp. said it signed a memorandum of understanding to acquire Dopod Holding Corp. The transaction value will not surpass $150 million, said the companies. Dopod will become a subsidiary of HTC following the share acquisition.Dopod is a four-year-old mobile device...
BOCA RATON, Fla.—Global Tower Partners expanded its footprint in the Western United States with an agreement to buy 78 towers from Chinook Wireless Communications, a carrier holding 1900 MHz licenses in eight basic trading areas covering more than 1 million people across Montana and...
PITTSBURGH—Penthera Technologies Inc., a software provider for mobile broadcast TV and multimedia, announced the launch of its Penthera Broadcast Center 1.0, a carrier-grade mobile broadcast control and data system designed to support advertising, branding and metering. Though terms were not disclosed, the company said...
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 Wireless News.CarrierStandard & Poor’s Ratings Services affirmed its B bank loan rating on Ntelos...
