Crown Castle International Corp.'s media subsidiary debuted a new name and marketing campaign amid details about its plans to use its tower network and unencumbered spectrum rights to launch live mobile TV in the nation's top 30 markets, including a launch in New York...
HOUSTON-Crown Castle International Corp.'s subsidiary, Crown Castle Mobile Media L.L.C., said it plans to use its tower network and its unencumbered spectrum rights to launch live mobile TV to the nation's top 30 markets. The company also said it plans to deliver video and...
SEOUL, South Korea-Qualcomm Inc. is firming up its plans for mobile TV with news that Samsung Electronics Co. Ltd. and LG Electronics Co. Ltd. will build phones to support its MediaFlo mobile TV technology. Samsung's upcoming MediaFlo phone features a clamshell design and a...
Global Signal Inc. announced that David Grain is stepping down from his position as president of the nation's third-largest tower company. The company said its chairman and chief executive, Wesley Edens, will take on the president's title also. "We appreciate David's efforts on behalf...
The wireless sector will enter 2006 with great expectations, everybody watching third-generation systems shift into higher gear with all that jazzy, digital content whose anytime, anywhere availability is transforming other industries even as cellular carriers of old reinvent themselves. Indeed, the mobility given voice...
IRVINE, Calif.-Wireless infrastructure services company VelociTel Inc. said it plans to acquire Crown Castle Corp. subsidiary Site Safe Inc., which provides RF health and safety compliance solutions for the wireless industry. VelociTel noted Site Safe would allow it to offer more sophisticated engineering services...
Qualcomm Inc. snared its first customer for MediaFLO last week, as Verizon Wireless said it will use the chipmaker's new network to broadcast live TV to subscribers. The nation's second-largest carrier announced plans to use the $800 million network to offer live mobile video...
HOUSTON-Crown Castle International Corp. announced plans to redeem $200 million in convertible preferred stock held by an affiliate of General Electric Co.Under terms of the agreement, CCI's revolving credit facility has been bolstered to $325 million from $275 million. The company said it plans...
The mobile TV space continues to heat up, with rumors pegging Sprint Nextel Corp. and Verizon Wireless showing significant interest in the technology. Specifically, a report from Zachary Research predicts Verizon will use Crown Castle International Corp.'s DVB-H mobile TV network starting next year....
Tower giant Crown Castle International Corp. said it's considering whether it should hang onto its 77.6-percent ownership in Crown Castle Australia, which is Australia's largest tower operator with 1,387 towers.CCI has asked UBS Investment Bank to act as its advisor as it reviews its...
Verizon Wireless is expected to launch a streaming television service early next year using a network being deployed by tower company Crown Castle International Corp. Verizon Wireless currently offers a streaming service through its CDMA2000 1x EV-DO powered Vcast service that provides continually updated...
Cingular Wireless L.L.C. plans to launch additional mobile TV services later this year using a platform from RealNetworks Inc. The supplier said its new Helix OnlineTV solution will enable Cingular to offer its third-generation subscribers personal interactive TV on their mobile devices.RealNetworks' deal with...
Cingular Wireless L.L.C. plans to launch additional mobile TV services later this year using a platform from RealNetworks Inc. The supplier said its new Helix OnlineTV solution will enable Cingular to offer its third-generation subscribers personal interactive TV on their mobile devices. RealNetworks' deal...
Startup Roundbox today announced $8 million in its first round of venture funding, news that coincides with the company's emergence from stealth mode. Headed by executives from Dynamicsoft, Flarion Technologies Inc. and Microsoft Corp., Roundbox is positioning itself directly within the nexus formed by...
HAMPSHIRE, United Kingdom-Mobile TV subscriptions could reach 65 million worldwide by the end of 2010, according to a new report from Juniper Research.The report predicts streamed services will account for 56 percent of customers and 51 percent of revenues during that timeframe. However, the...
PARIS-DiBcom snared $30 million in its fourth round of financing, the French chipmaker said Monday. Partech International led the round, which DiBcom said was the largest venture-backed financing for a French information technology company this year. Intel Capital, 3i, WI Harper and UMC also...
SAN FRANCISCO-Chipmaker Intel Corp. offered a general outline for some of its plans in the wireless world, including updates to its chips for Wi-Fi laptops and mobile phones."The number of voice lines worldwide skyrocketed with the proliferation of cellular phones, which made the phone...
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 the stocks as strong buys. In addition, a merger proposal between two tower firms...
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 on CreditWatch with positive implications based on operating and financial improvement. Raymond James downgraded Crown...
Crown Castle International Corp. announced its second-quarter earnings, reporting a net loss of $227.5 million, which includes $198.5 million in losses caused by the early retirement of debt. Last year, the company reported a net loss of $50.8 million during the second quarter. Net...
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 $1.4 million, or 3 cents per share, during the quarter, compared with a net...
SAN FRANCISCO, Calif.-FiberTower Corp., which provides backhaul services for wireless carriers, said it closed a $150 million financing round led by Crown Castle International Corp.Other investors included Oak Investment Partners and Affiliates, Tudor Investment Corp. and Affiliates, Goldman Sachs & Co. and Meritech Capital...
Crown Castle International Corp. announced it plans to acquire 467 towers from TrinTel Communications Inc., based in Irving, Texas, for about $145 million in cash. The acquisition of the towers is expected to close on or about Aug. 1. TrinTel's portfolio produces about $14.4...
HOUSTON-Crown Castle International Corp. announced it has entered into an agreement to acquire 467 towers from TrinTel Communications, Inc., based in Irving, Texas, for about $145 million in cash. The acquisition of the towers is expected to close on or about Aug. 1.TrinTel's portfolio...
