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TOWER INDUSTRY ‘GAME’ FAR FROM OVER

NEW YORK-Television programming often can be as good a barometer as hard numbers about trends that are hot, and so it is with the wireless tower industry.In a recent "The Simpsons," cartoon character Homer Simpson rented cell site space on his rooftop to the...

BELL ATLANTIC MOBILE, CROWN CASTLE FORM VENTURE

HOUSTON, BEDMINSTER, N.J.-Bell Atlantic Mobile and Crown Castle International Corp. announced an agreement to form a joint venture company that will own, operate and actively advance the leasing space on BAM's existing network of wireless towers throughout the country.Additionally, the joint venture company will...

NEW SERVICES, COMMUNITY BACK LASH SPUR TOWER-INDUSTRY CONSOLIDATION

Consolidation among heavyweights in the telecommunications industry, including some of the wireless sector's largest carriers, has grabbed the headlines during the last several months. Meanwhile, the tower industry has been experiencing a rapid consolidation of its own.Since the beginning of this month, American Tower...

CROWN SUBSIDIARY EXPANDS U.K. OPERATIONS

HOUSTON-Crown Transmissions International, the United Kingdom subsidiary of Crown Castle International Corp., purchased Millennium Communications Ltd. for about $15.5 million.Millennium will become an operating division of CTI, focused on the build-to-suit tower industry, said CCI. About 10 percent of the purchase price is contingent...

NATION’S BRIEFS

The global market for in-vehicle intelligent transportation systems is expected to grow from $1 billion today to more than $18 billion annually during the next five years, according to a new report from Allied Business Intelligence. Major ITS systems include in-vehicle communications systems, electronic...

CROWN CUTS DOWN IPO, RAISES $151 MILLION

NEW YORK-After dramatically reducing the size and price of its initial public offering, Crown Castle International Corp., a Houston-based wireless tower company, sold 14 million shares at $13 each Aug. 18.The company had registered June 19 with the Securities and Exchange Commission to sell...

PEOPLE

CROWN COMMUNICATIONSJohn P. Kelly was named chief operating officer of Crown Communications, the domestic operating subsidiary of Crown Castle International Corp. Robert Crown will continue as president and chief executive officer of Crown Communications for the next several months, during which time Kelly will...

CROWN CASTLE BUILDS TOWERS IN N.Y.

HOUSTON-The State of New York awarded Crown Castle International Corp. a contract to manage existing towers and construct new towers for the state.Crown Castle formed a new company called Crown Communication New York Inc. to facilitate the management of existing state-owned towers, property and...

CASTLE AND CROWN TOWER FIRMS MERGE

HOUSTON-Castle Tower Corp. and Crown Communications merged, announced the companies. Castle Tower is a subsidiary of Castle Tower Holding Corp., now know as Crown Castle International.With headquarters in Pittsburgh, Crown Communications will serve as the domestic operating arm of Crown Castle International, which will...