Second-quarter results from public tower companies reflect improved financial stability and greater optimism that cell-site additions will ramp up in the coming months. Crown Castle International Corp. released its second-quarter …
Crown Castle
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HOUSTON-Crown Castle International Corp. was the latest public tower company to release its second-quarter 2003 financial results. The company reported revenue of $224.2 million, down slightly from $225.5 million for …
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HOUSTON-Tower company Crown Castle International Corp. announced the quarterly dividend on its 6.25-percent convertible preferred stock will be paid Aug. 15 to holders of record as of Aug. 1. The …
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NEW YORK-Standard & Poor’s Ratings Services assigned a CCC rating to the $230 million convertible senior notes recently issued by tower owner Crown Castle International Corp. The rating service also …
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HOUSTON-Crown Castle International Corp. has priced the $200 million convertible senior note offering it announced earlier this week and has granted the underwriters a 30-day option to purchase up to …
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HOUSTON-Crown Castle International Corp. will attempt to raise $200 million through a public offering of convertible senior notes. The company will use the proceeds to redeem a portion of its …
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Wireless infrastructure association PCIA is gearing up for its first industry trade show since it narrowed its focus to the tower sector last fall, but tight travel budgets will not …
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Wireless tower industry stocks soared last week, with major players’ shares rising above previous 52-week highs. American Tower Corp. was trading at $9.25 per share, Crown Castle International Corp. hit …
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HOUSTON-Crown Castle International Corp. will redeem its 10 5/8-percent senior discount notes due 2007 at a price of 105 percent of principal in an effort to reduce interest expenses and …
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Wireless tower industry stocks soared this week, with major players’ shares rising above previous 52-week highs. American Tower Corp. was trading at $9.25 per share, Crown Castle International Corp. hit …
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HOUSTON-Crown Castle International Corp. announced that the quarterly dividend on its 12.75-percent senior exchangeable preferred stock will be paid June 16 to holders of record as of June 1. The …
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As the wireless industry comes of age, upgrades are necessary to keep existing, legacy infrastructure in working order and compatible with emerging wireless communications technologies. Those upgrades and enhancements start …
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HOUSTON-Crown Castle International Inc. released its first quarter 2003 results and announced changes to certain agreements with Verizon, affecting two Crown joint ventures. The company’s total revenue was $216.7 million, …
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American Tower Corp.’s first-quarter 2003 results reflected a continued focus on its core rental and management operations and optimism in financial expectations for the latter half of 2003. The company …
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HOUSTON-Crown Castle International Corp. announced it will pay the quarterly dividend on its 6.25 percent Convertible Preferred Stock on May 15 to holders of record as of May 1 in …
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HOUSTON-Crown Castle International Corp. said the quarterly dividend on its 6.25-percent convertible preferred stock will be paid May 15 to all holders of record as of May 1. The dividend …
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BOSTON-Shares of American Tower Corp. hit a new 52-week high on Thursday, trading at $6.15 by mid-day. The company’s stock is up 72 percent since the end of 2002. Other …
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HOUSTON-Tower owner and operator Crown Castle International Corp.’s fourth-quarter 2002 results released late Wednesday reflected lower total revenues, but an increase in site rental and broadcast transmission revenues and an …
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HOUSTON-Crown Castle International Corp. said it will pay the quarterly dividend on its 12 3/4-percent senior exchangeable preferred stock on March 17 to holders of record as of March 1. …
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ST. PETERSBURG, Fla.-Raymond James & Associates Inc. has increased its financial expectations, including year-end 2003 price targets, for tower giants Crown Castle International Inc. and American Tower Corp. Crown Castle’s …
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HOUSTON-Crown Castle International Corp. announced the quarterly dividend on its 6.25-percent convertible preferred stock will be paid on Feb. 17 to holders of record on Feb. 1. The dividend will …
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NEW YORK-Standard & Poor’s Ratings Services cut its rating on Crown Castle International Corp. to a “B-” and said the outlook for the company, which was $3.4 billion in debt …
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BOCA RATON, Fla.-SBA Communications Corp. has reaffirmed its fourth quarter financial guidance, which it plans to officially release March 24, 2003. SBA expects to record total revenues of $63.5 million …
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NEW YORK-The U.S. wireless tower industry is at least 18 to 24 months away from recovery, according to a recent report from Standard & Poor’s Rating Services. In its report, …
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HOUSTON-Crown Castle International Corp. said it will pay the quarterly dividend on its 12 3/4 percent senior exchangeable preferred stock on Dec. 15, 2002, to all holders of record on …
