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 company announced in May 2005.Posting first-quarter losses of $35.1 million from revenue of $120.9...
HOUSTON—Crown Castle International Corp. is picking up 468 towers with the purchase of Alexandria, Va.-based Mountain Union Telecom L.L.C. for $309 million. CCI said it expects to close the deal with privately-held Mountain Union by July 1, a move the company said would add...
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 Research, said the tower sector remains solid as carriers continue to focus on network...
It's safe to say U.S. wireless subscribers have caught up with much of the rest of the world in terms of data consumption. But it appears American carriers still have their work cut out for them when it comes to cashing in. The United...
HOUSTON—The nation’s second largest tower company appears to be closing in on its losses, as Crown Castle International Corp. reported first-quarter net losses of just $6.7 million, a sharp decline form its year-ago net loss of $126.9 million. CCI’s posted site-rental revenue of $161.9...
WASHINGTON-Hiwire, a newly minted subsidiary of Aloha Partners L.P., is planning to join competitors MediaFlo and Modeo L.L.C. in offering mobile TV using dedicated spectrum. Aloha Partners, backed by several wealthy investors with histories in cable and wireless infrastructure, has been buying 700 MHz...
WASHINGTON-Two TV broadcasters agreed to move out of the 700 MHz band early under a deal with Qualcomm Inc., making way for the company to move forward with its plans to stream TV content on its MediaFlo service. The Federal Communications Commission said it...
WASHINGTON—Qualcomm Inc. gained approval Wednesday for an agreement it reached with TV stations serving Chicago, Milwaukee and Gary, Ind. that will allow the company to move forward with its MediaFlo steaming content plans. MediaFlo is a one-way, high-speed network using spectrum Qualcomm obtained after...
LAS VEGAS—Crown Castle International Corp.’s mobile TV subsidiary, Modeo L.L.C., announced it contracted with High Tech Computer Corp. to build a DVB-H-capable phone, which Modeo will sell in the second half of this year. The phone will be able to play TV broadcasted over...
LAS VEGAS—Qualcomm Inc. said it would blanket Las Vegas with its MediaFlo mobile TV technology in conjunction with the CTIA Wireless 2006 trade show, which starts tomorrow. Qualcomm said the citywide demonstration network will use two transmitters and will allow CTIA attendees to view...
Call it hedging your bets. Qualcomm Inc. said it is developing chipsets based on a rival mobile television standard-Digital Video Broadcasting-Handheld, or DVB-H-even while it works to complete its own MediaFlo network in the United States.Qualcomm is spending about $800 million to build its...
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 Castle International Corp. and American Tower Corp. that provided few surprises in the tower...
HOUSTON—Crown Castle International Corp. reported increased site rental revenue and improved net loss figures for the fourth quarter. The company noted that site rental revenue came in at $155.4 million, up 11.2 percent from the $139.8 million posted during the fourth quarter of 2004....
SAN DIEGO—Call it hedging it your bets. Qualcomm Inc. said it is developing chipsets based on a rival mobile television standard—Digital Video Broadcasting–Handheld, or DVB-H—even while it works to complete its own MediaFlo network in the United States.Qualcomm is spending about $800 million to...
REDMOND, Wash—Microsoft Corp. announced that it’s backing Digital Video Broadcasting-Handheld technology as a "founding member" of the Mobile DTV Alliance. Although the group formed in January, Microsoft only today announced its membership despite its ranking as a founding member. Microsoft joins Intel Corp., Modeo...
Virgin Mobile Holdings plc is set to be one of the first European operators to launch mobile TV services using a dedicated mobile TV network. The company, which operates a number of mobile virtual operator services around the world, laid out plans to launch...
BARCELONA, Spain—Virgin Mobile is set to be one of the first European operators to launch mobile TV services using a dedicated mobile TV network. The carrier, which operates a number of mobile virtual operator services around the world, laid out plans to launch mobile...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.CarriersPrudential Equity Group lowered its price target and estimates on iPCS Inc. after the company reported first-quarter results, including revenue and ARPU results that fell...
PEMBROKE, Bermuda-Qualcomm Inc.'s mobile TV subsidiary, MediaFlo USA Inc., signed an agreement with Intelsat to use capacity on the satellite operator's Intelsat Americas-8 satellite. The IA-8 satellite, launched last summer, is expected to provide bandwidth and connectivity to MediaFlo USA's transmitter sites. Qualcomm is...
BOSTON-German wireless users are unimpressed with mobile TV, according to a report from Strategy Analytics. Poor network performance, a lack of compelling content and inadequate devices are resulting in disappointing user experiences, the research firm said after examining two services. While users said T-Mobile's...
BOSTON-German wireless users are unimpressed with mobile TV, according to a report from Strategy Analytics.Poor network performance, a lack of compelling content and inadequate devices are resulting in disappointing user experiences, the research firm said after examining two services. While users said T-Mobile's Handy...
LAS VEGAS-What do Intel Corp., Modeo L.L.C., Motorola Inc., Nokia Corp. and Texas Instruments Inc. all have in common? They are all eager to promote Digital Video Broadcasting-Handheld, an open standard for broadcast digital TV reception on mobile devices. The companies formed the Mobile...
The first public airing of Qualcomm Inc.'s proprietary MediaFlo technology for mobile TV is taking place as the Flo Forum submitted its specification proposal for the Flo air interface between towers and devices to the Telecommunications Industry Association subcommittee TR-47. The Flo Forum, led...
FREMONT, Calif.-The first public airing of Qualcomm Inc.'s proprietary MediaFlo technology for mobile TV is taking place as the Flo Forum submitted its specification proposal for the Flo air interface between towers and devices to the Telecommunications Industry Association subcommittee TR-47. The Flo Forum,...
