While the wireless industry haggles over the price of anti-piracy software supported by the Open Mobile Alliance, Microsoft Corp. is quietly gaining traction in the mobile world with its proprietary digital rights management technology. The standoff continues between industry groups such as the GSM...
Following are wireless company and industry ratings changes made by financial services and investment banking firms this week.In a telecom services report, Merrill Lynch said it expects Verizon Wireless will gain share during the second quarter, while Cingular's growth will remain solid but slower....
HOUSTON-Crown Castle International Corp. completed the sale of its previously announced offering of $1.9 billion of senior secured tower revenue notes, series 2005-1, in a private transaction.The notes include five investment-grade classes with a weighted average interest rate of about 4.89 percent.Ben Moreland, chief...
SAN DIEGO-Qualcomm Inc. offered industry an early look at its MediaFLO mobile TV technology in conjunction with its BREW developer's conference here. The demonstration showed MediaFLO can transmit streaming video, but also revealed the technology isn't as polished as rival offerings like DVB-H and...
HOUSTON-Crown Castle International Corp. said it priced $1.9 billion of senior secured tower revenue notes, series 2005-1, which will be issued by its indirect subsidiaries in a private transaction.Net proceeds from the offer will be used to fund the tender for several classes of...
HOUSTON-Crown Castle International Corp. said some of its indirect subsidiaries plan to offer up to $1.9 billion of senior secured tower revenue notes, series 2005-1, in a private transaction.The subsidiaries will be special purpose entities that will hold substantially all the U.S. towers of...
Mobile TV got another boost from SmartVideo Technologies Inc., which announced an advertising-supported streaming music video service for mobile-phone users. The service will feature videos culled from Digital Music Video Network and will be free to end users."Fans of music videos are members of...
DALLAS-I can see Homer Simpson peering out of the phone in Martyn Gregory's hand. The animated "Simpsons" TV star is trying desperately to jump off a burning oil tower and into a hovering helicopter. I see Homer's wife Marge waving him on. But I've...
HOUSTON-Crown Castle International Corp. reported a net loss for the first quarter of $128.8 million, including $82.6 million in losses for early retirement of debt.That compares with a net loss of $76.6 million for the same period last year, which included $24.4 million of...
HOUSTON-Crown Castle Mobile Media will use technology from Microsoft Corp. to deliver and manage content for its live mobile TV service, the companies announced yesterday. The subsidiary of Crown Castle International Corp. said it has selected Windows Media Audio, Windows Media Video 9 and...
The following wireless companies had debt ratings changes by financial services firms this week.Standard & Poor's Ratings Services placed its ratings on four wireless tower companies on CreditWatch with positive implications. The companies are SpectraSite Inc., Crown Castle International Corp., AAT Communications Corp. and...
HOUSTON-Crown Castle International Corp. said the dividend on its 6.25-percent convertible preferred stock will be paid May 16 to shareholders of record May 1.The dividend will be paid in shares of the company's common stock, with the dividend rate to be announced on or...
HOUSTON-Although they recorded increased revenues, two tower operators suffered net losses in their financial results for the fourth quarter of 2004 compared with the previous year. For the full year, American Tower Corp. and Crown Castle had better results. The two companies had postponed...
Although they recorded increased revenues, two tower operators suffered net losses in their financial results for the fourth quarter of 2004 compared with the previous year.For the full year, American Tower Corp. and Crown Castle had better results.In a written note, Raymond James noted...
As a tower operator, Crown Castle International Inc. is venturing into a less familiar environment as an enabler of what may grow into a major application in the wireless industry: mobile television. By a stroke of good fortune, the company acquired a spectrum license...
NEW ORLEANS-In the interest of advancing mobile television services, Qualcomm Inc. said it will work with leading companies to create a multi-party organization committed to advancing the global standardization of FLO technology, the air interface specification for the forward link only technology. FLO is...
Global Signal Inc. said it recorded a fourth-quarter income of $4.1 million, amounting to a 34.4-percent leap over the same period in 2003 when it had a net income of $3.1 million.These figures give its shareholders 8 cents per share for the quarter compared...
NEW ORLEANS-In the interest of advancing mobile television services, Qualcomm Inc. said it will work with leading companies to create a multi-party organization committed to advancing the global standardization of FLO technology, the air interface specification for the forward link only technology.FLO is designed...
SYDNEY, Australia-Broadcast Australia subsidiary The Bridge Networks will team with Telstra on a year-long trial of Australia's first multi-channel mobile TV service using digital video broadcast for handheld (DVB-H) technology. Harris Broadcast Systems, a Cincinnati-based communications company, will provide transmission equipment for the transmissions,...
NEW YORK-Once again, the tower operators are postponing their earnings releases for the fourth quarter. The major players, American Tower Corp., Crown Castle International and Global Signal Inc., said they are still reviewing their accounts.Others like SBA Communications and SpectraSite have not released their...
American Tower Corp. said it will restate its previously issued financial statements for periods ending on or prior to Sept. 30 last year. It will affect the three-year period ended Dec. 31, 2003, and the first three fiscal quarters of 2004. The review comes...
HOUSTON-Crown Castle International said it experienced better-than-expected lease activity for 2004 with more than a 40-percent increase in site-leasing activity compared with 2003.The company has put off its earnings release and conference call for March 9 and March 10 respectively. The postponement was triggered...
SYDNEY, Australia-Broadcast Australia subsidiary The Bridge Networks will team with Telstra on a year-long trial of Australia's first multi-channel mobile TV service using digital video broadcast for handheld (DVB-H) technology.Harris Broadcast Systems, a Cincinnati-based communications company, will provide transmission equipment for the transmissions, which...
WASHINGTON-Former wireless policy-maker Michael T.N. Fitch has been named president of PCIA, a trade group that represents tower companies. Fitch, who succeeds long-time PCIA head Jay Kitchen, will officially take over at the association March 1.An internationally recognized expert on radio and satellite telecommunications,...
