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 all holders of record as of September 1, 2002.The dividend was paid in shares...
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 and Wall Street took notice.Like American Tower Corp., which reported earnings late Wednesday, CCI's...
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. In charge of the rollout is CKW Wireless, a wholly owned subsidiary of U.S.-based...
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 rollout of the service is scheduled to start in mid-2003.The $14.3 million consortium includes...
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 a Crown Castle board member from 1995 to November 1998, and from November 1999 to...
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 UK Ltd.'s customers, said it was filing for bankruptcy.Crown Castle also lowered its 2002...
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 million payment that was due March 2002 under a transaction relating to BT exchange...
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 also increased from $649.2 million in 2000, to $898.9 million for 2001.Crown Castle's net...
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 technologies and service-related issues concerning the future of the tower industry."The technology behind the...
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 and Trade Show at the Bally's Hotel in Las Vegas.The awards recognize leadership and...
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 now be responsible for service disciplines including RF engineering, site acquisition, construction, project management,...
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 unscathed.All three companies laid off employees and cut back on general expenses during the...
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 suppliers, pitfalls such as subscriber churn, microprocessor shortages and a crashing stock market that...
Crown Castle International Corp. reported revenues for the first quarter ended March 31 of $212.9 million, a significant increase from the $124.2 million reported for first-quarter 2000.The company recorded a net loss of $68.1 million, or 41 cents per share, compared with a loss...
NEW YORK-Lenders anted up significant capital during the first quarter for the five publicly traded wireless tower companies, even as their share prices declined amid the stock market's general concerns about telecommunications."At a time when companies like PSINet made announcements that their stock is...
NEW YORK -British Telecommunications plc will undertake "a massive, massive restructuring, and I don't want to underestimate what we plan to do this year," Sir Peter Bonfield, chief executive officer, told securities analysts at a recent meeting here.Under the umbrella of a new group...
InfowaveThomas U. Koll was appointed Infowave Software Inc.'s new chief executive officer. He previously was vice president of Microsoft's Network Solutions Group and was responsible for the company's worldwide business with telecommunications companies in wireline and wireless markets. Koll also served as general manager...
HOUSTON-Crown Castle International Corp. reported revenues for the fourth quarter and year ended Dec. 31 of $202 million and $649.2 million, respectively, compared with $114.2 million and $345.8 million for fourth-quarter and year-end 1999.The company recorded a net loss of $59 million, or 40...
Back in October, when the top brass of the tower industry converged in Las Vegas for the 2000 Tower Summit and Trade Show, the room buzzed with anticipation over the new opportunities third-generation technologies were expected to bring.Why should the tower industry care about...
GENEVA-Europe is set to witness an explosion in the number of mobile base stations, as operators gear up for the imminent launch of third-generation (3G) services in early 2002.A report issued by the Strategis Group's United Kingdom office predicts operators in the continent's 15...
WASHINGTON-As the Occupational Safety and Health Administration prepares to launch a new tower safety program aimed at curbing increased injuries and fatalities that have accompanied phenomenal wireless growth during the past decade, the agency is struggling with how to deal with a gaping loophole...
NEW YORK-In this year's RCR Wireless News Major Players Vendors listing, Nokia Corp. and Ericsson Inc. each moved up a notch, rising to first and second place respectively among equipment vendors that are net income leaders.Lucent Technologies Inc., which had previously topped the charts...
European operators are expected to spend more than $125 billion by the beginning of 2007 on next- generation wireless Internet services and infrastructure, according to a report by The Strategis Group Europe.The report, "European Next Generation Wireless: Licensing, Infrastructure and Development," found that 30 of...
LittlefeetLittlefeet Inc., a wireless network infrastructure developer, appointed Kai Cheong Chan as the general manager and sales director for the company's new regional office, which will serve Singapore and the Asia-Pacific region.Chan will be responsible for developing business relationships and managing distribution channels for...
