Crown Castle

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 …

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, …

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 …

NEW YORK-CKW Wireless Pty Ltd., an Australian subsidiary of ArrayComm Inc., San Jose, Calif., has launched a pre-commercial trial in Sydney of the i-Burst personal broadband system. ArrayComm’s patented IntelliCell …

NEW YORK-American Tower Corp.’s stock has been upgraded to “Strong Buy” by Raymond James & Associates Inc. in anticipation of several financial actions expected to occur by early 2003. American …

NEW YORK-American Tower Corp.’s stock has been upgraded to “Strong Buy” by Raymond James & Associates Inc. in anticipation of several financial actions expected to occur by early 2003. American …

NEW ORLEANS-Smart antenna maker Metawave Communications Corp. said it has delivered its initial commercial SmartShare product to a subsidiary of Crown Castle International Corp. “Together, we have removed the doubts …

BOSTON-The four publicly traded tower companies received a much-needed boost from Wall Street this week, following tolerable carrier earnings and some financial announcements of their own. Third-quarter earnings announcements from …

NEW YORK-Standard & Poor’s Ratings Services said late last week it has placed B-plus corporate credit ratings on American Tower Corp. and Crown Castle International Corp. and a B rating …

WASHINGTON, D.C.-Crown Castle International Corp. will cut 250 jobs, close offices, and take a charge between $7 million and $10 million in the fourth quarter, according to a filing with …

BOSTON-Attempting to squelch rumors it will run out of cash, American Tower Corp. reaffirmed its total revenues for third quarter 2002. American Tower expects to report tower revenues in the …

NEW YORK-Moody’s Investors Service has assigned a speculative grade liquidity rating of SGL-3 to tower owner and operator Crown Castle International Corp. Moody’s said that the company has “ample cash …

HOUSTON-Wireless communication tower owner and operator Crown Castle International Corp. announced the quarterly dividend on its 12 3/4 percent senior exchangeable preferred stock was paid on September 16, 2002 to …

HOUSTON-Although Crown Castle International Corp. narrowed its net loss for the second quarter ended June 30 compared with second-quarter 2001, the company slashed in half its earnings expectations for 2002 …

MELBOURNE, Australia-Commercial interest is growing in wireless Internet in Australia with news of a $A25 million (US$14 million) national rollout of an i-BURST mobile wireless broadband network beginning in Sydney. …

SAN JOSE, Calif.—Arraycomm Inc. announced that its Australian subsidiary has formed a consortium that includes Vodafone Australia to launch its I-Burst mobile broadband Internet access system in Australia. The commercial …

HOUSTON—Crown Castle International Corp. named J. Landis Martin non-executive chairman of the board, succeeding the company’s co-founder, Ted Miller, who will remain on the board as a director. Martin was …

HOUSTON—Crown Castle International Corp. adjusted its 2002 site rental and transmission revenue projections by $28 million to between $657 million and $682 million after ITV Digital, one of Crown Castle …

HOUSTON—Crown Castle International Corp. said its subsidiary, Crown Castle UK Ltd., reached an agreement with British Telecommunications plc to defer paying until March 2003 approximately $71.9 million of a $143.7 …

HOUSTON—Crown Castle International Corp. said its revenues for the fourth quarter ended Dec. 31 increased to $238.2 million, from $202 million for fourth-quarter 2000. The company’s revenues for the year …

ALEXANDRIA, Va.—The Personal Communications Industry Association’s (PCIA) Site Owners and Managers Alliance (SOMA) announced it has formed the SOMA Technology Committee, which will promote effective communications and an understanding of …

SAN JUAN CAPISTRANO, Calif.—Shorecliff Communications and RCR Wireless News announced the finalists for the 2001 Excellence in Business Awards, scheduled to take place Oct. 30 at the 2001 Tower Summit …

Berliner Communications Inc. Doreen Trant has been promoted to chief operating officer of Berliner Communication Inc. Trant previously served as the company’s vice president of sales and marketing. She will …

Crown Castle International Corp., SpectraSite Holdings Inc. and SBA Communications Corp. reported positive revenues for the second quarter ended June 30, but they did not escape the current telecom shakedown …

Tower companies tend to fall into a safe and cozy place in the hard driving, fast moving wireless machine, seemingly immune to the pitfalls that plague carriers and network equipment …