T-Mobile USA’s network upgrade plans continue to roll along as the carrier late last week reached an agreement with tower owner SBA Communications to extend lease agreements on approximately 2,800 cell sites. The seven-year extensions also allow for upgrade the towers with radio equipment...
In the short lifespan of the still nascent wireless Internet, the owners of the operating systems have already learned that best is not always enough. Palm, Windows CE and Symbian are the three OSs trying to slug it out with marketing strategies,
Published reports indicate that T-Mobile USA’s plans to sell off its tower assets is moving forward, with Crown Castle International currently seen as the lead bidder.
According to The Wall Street Journal, Crown Castle has placed a bid for more than $2 billion to gain...
T-Mobile USA’s interest in raising much needed funds through the sale of its tower assets is causing waves throughout the tower industry as analysts look to read the tea leaves on which company has the inside track.
T-Mobile USA currently has about 7,000 towers, which...
Crown Castle International (CCI) says network upgrades by carriers helped boost leasing activity by 25% in the first quarter. Net income also increased 25% to $50 million, on revenue of $552 million. The company says it completed the purchase of ground lease related assets...
The nation's largest tower operator is making a major investment in distributed antenna systems. Crown Castle International (NYSE: CCI) says it will purchase NextG Networks Inc. for roughly $1 billion from a private equity group led by Madison Dearborn Partners. With more than 7,000...
Crown Castle, the largest U.S. tower owner, said network upgrades by Verizon Wireless, AT&T Mobility and Sprint Nextel boosted earnings in the third quarter of 2011. For the quarter, recurring cash flow increased 12% to $199 million. Recurring cash flow is defined as adjusted...
DALLAS – The current waves impacting the financial markets have not gone unnoticed by the tower industry, though many in the space seem to think their ship is water tight enough to handle whatever investors can throw at it.
Sprint Nextel Corp. (S) added another tower company as it moves forward with its Network Vision Plan, this time inking a deal with Mobilitie that covers several hundred cell sites, allowing Sprint to be flexible as it migrates from its iDEN network and moves...
Crown Castle International Corp. (CCI) said it could see incremental revenue from LightSquared as part of its multi-year Network Vision plan signed with Sprint Nextel Corp. The deal establishes uniform rates for deploying sites rather than negotiating tower contracts on a site-by-site basis, and...
Crown Castle International Corp. (CCI) increased its 2011 outlook after reporting better-than-expected second-quarter earnings. The company increased its outlook for site rental revenue by $20 million, site rental gross margin by $17 million, adjusted earnings before interest, taxation, depreciation and amortization (EBITDA) by...
Exactly one week after closing $645 million in financing, Global Tower Partners has secured an additional $170 million through a five-year, revolving loan. The Boca Raton, Fla.-based company owns 13,000 tower sites in the United States, making it the fourth largest tower management company...
RCR Wireless News is set to visit Bellevue the week of August 1 as part of our Mobile Broadband Tour and Conference series.Bellevue, which lies across Lake Washington from Seattle, is a rapidly changing city. It is currently the second largest city center in...
RCR Wireless News’ visit to Philadelphia is set to begin next week, bringing with it a one-day conference scheduled for June 8 as well as a visit to the city to get an update on its municipal Wi-Fi project. The RCR Wireless News Mobile...
Looking for a little brotherly love, RCR Wireless News is hitting the streets of Philadelphia the week of June 6, as part of our global tour. As with every stop on our global tour, conference series and news desk, our team will engage the...
PARADISE VALLEY, Ariz. – There’s something in the cacti out in Arizona, but you have to look close to see it.
Paradise Valley city officials, AT&T Inc., and NewPath Networks Inc., a subsidiary of Crown Castle International Corp., got together earlier this month at a...
SBA Communications Corp. (SBAC) reported revenues up 13.4% in the first quarter, totaling $167.7 million and narrowed its net loss by 2 cents per share. Site leasing revenue of $146.5 million was up 14.5% over the year earlier period. Like competitor Crown Castle...
Mobile broadband buildout aided Crown Castle International Corp.'s (CCI) first-quarter outlook as the independent tower company saw total revenue and site rental revenue both increase 12% year over year. The company posted a profit for the quarter of $40 million, compared to a...
RCR Wireless News is hitting the road next week for New York City and the Garden State. As with every stop on our global tour, conference series and news desk, our team will engage the mobile community at the local level to better understand...
The RCR Wireless News editorial team will be broadcasting live from the CTIA show next week, bringing news and analysis straight from the show floor to RCRWireless.com and our microsite, ctia.www.rcrwireless.com. Guests scheduled to stop by the RCR Wireless News booth (#3695)...
A possible merger between Sprint Nextel Corp. (S) and T-Mobile USA Inc. (DTEGY) would not impact the tower industry much because the combined company would likely continue to operate its 2G and 3G networks separately, according to a new report from Cowen and Co.American...
U.S. mobile carriers invested tens of billions of dollars into mobile broadband infrastructure last year, yet in major metropolitan markets like New York City and many rural markets, consumer and business customers are not enjoying the full benefit of mobile broadband. AT&T Mobility...
T-Mobile USA Inc.'s (DTEGY) tower assets are likely to get interest from the top three tower companies as T-Mobile's tower assets are in good locations nationwide and have an operator (T-Mobile) already located on them, said tower expert Jim Fryer, president of...
In a move to provide readers with more authentic news and insights on how mobile broadband is changing the way we live and work at the global and local market levels, RCR Wireless News recently expanded its news coverage to include the Americas, Asia,...
