The tower sector represents the best growth opportunity in the telecom and data services sector for large-cap investors, said Cowen and Co. L.L.C., which today initiated coverage on the three public U.S.-based tower companies and said they are all expected to outperform.Cowen analyst Colby...
RCR Wireless News Senior Editor Dan Meyer will be in Dallas Nov. 9 to host a local event on “Mobile Broadband: Innovation and Opportunity.” The afternoon event will be an interactive discussion on the policies, investments and economic growth opportunities associated with mobile broadband....
The co-managers of BlackBerry Partners Fund announced they have merged their investment teams to focus exclusively on mobile venture capital investment opportunities under the BlackBerry Partners Fund brand. The fund was founded in 2008 with capital commitments from Research In Motion, Thomson Reuters and...
Editor's Note: Following is the listing of the top 10 tower companies in the United States, along with a list of “honorable mentions” of companies that more than likely fall in the top 20 tower companies. A continuing trend in the tower industry is...
RCR Wireless News, the leading online resource for all things wireless, has announced the winners of the 2010 RCR Ecosystem Awards, which recognizes leading organizations that have demonstrated success, innovation and excellence in the mobile and wireless industry. Congratulations to the 2010...
Broadcom announced it signed a definitive agreement to acquire privately held Beceem Communications, which provides 4G wireless platform solutions. The deal is valued at $315 million.Qualcomm Innovation Center Inc. said it acquired iSkoot Technologies Inc., a San Francisco-based company that focuses on mobilizing Internet...
RCR Wireless News is kicking off a series full-day conferences on “Coverage versus Capacity,” starting next week in Chicago at 4G World. The conferences are full-day events followed by networking receptions. Attendees will be able to learn from top industry analysts and leaders about...
RCR Wireless News announced finalists for its second annual 4G Ecosystem Awards. Winners will be announced at 4 p.m. Oct. 19 at the RCR Buzz Zone during 4G World in Chicago.“We were thrilled by the quality of nominations we received this year,” said RCR...
While the U.S. market remains the tower industry's bread and butter, a number of the top tower infrastructure providers are expanding overseas as growth opportunities present themselves in less-developed markets.SBA Communications Corp. (SBAC) has tower operations in the Western hemisphere, noted SBA CFO...
Editor's Note: This article originally appeared in PCIA's Wireless Infrastructure 2010 show guide. As wireless networks continue to need capacity to handle the explosion of data applications, Distributed Antenna Systems (DAS) networks continue to gain traction as a method to offload traffic from the...
HOLLYWOOD, Fla.—Distributed antenna systems, rooftop antennas and macrocellular towers will be key building blocks when deploying next-generation wireless networks. As such, today’s infrastructure providers are offering a wider array of tools to help build out these networks.Top tower company CEOs speaking to RCR Wireless...
HOLLYWOOD, Fla.—The nation's top tower companies proved they could access the capital markets in a number of ways last year, after facing tight cap markets at the end of 2008. They also showed they could de-leverage quickly when called upon. Now they want the...
Following are infrastructure contracts announced during the past week:CeragonNigeria: With Globacom Nigeria to provide its FibeAir IP-10 solution for voice and data backhaul.Value: UndisclosedAlcatel-LucentSri Lanka: With Etisalat Lanka to boost the carrier's GSM/EDGE network capacity and coverage and build its 3G HSPA+ wireless all-IP...
Crown Castle International Corp. (CCI) closed on its previously announced acquisition of NewPath Networks Inc. Crown paid $115 million for the Distributed Antenna Systems (DAS) networks provider, adding 35 DAS networks to Crown’s portfolio.As part of the acquisition, Mike Kavanagh, co-founder and CEO of...
Accedian Networks, which provides service assurance solutions said it secured $19.5 million in a new round of funding. The round was led by Summit Partners and included participation from Rho Ventures and Skypoint Capital. The funds will be used to accelerate the company's commercial...
Editor's Note: Following are the top-paid CEOs of U.S.-based companies in the wireless industry. Last week, RCR Wireless News ran the list of the top 10 highest paid wireless executives. This week we are featuring No. 11- 20. Some caveats apply: private companies...
Crown Castle International Corp. reported fourth-quarter revenues up 13% to $443.5 million, and site rental revenue up 13% to $402.6 million during the period. For the year, the tower company posted adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $1 billion, up...
On the surface, the 9th U.S. Circuit Court of Appeals' decision to reverse a three-judge panel and hand San Diego County a surprise victory over Sprint Nextel Corp. is just another in a series of conflicting court rulings on antenna siting. But legal wrangling...
Crown Castle Inc. said Ben Moreland, the company's CFO, will become president and CEO of the tower company, effective July 1. John Kelly, Crown Castle's president and CEO, will remain with the company as executive vice chairman of the board of directors. Kelly has...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Standard & Poor's Ratings Services assigned its A rating to AT&T's 6.125% global notes due 2015. The ratings reflect the company's strong position in the...
The European Commission has formally adopted Digital Video Broadcasting Handheld (DVB-H) technology as the standard for mobile television throughout the European Union's 27 member states.The move was entirely expected despite objections from three of the EU's most powerful members, some of whom where calling...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--Lehman Brothers raised its price target on AT&T to $54 from $50 after the carrier provided upbeat long-term guidance. Credit Suisse First Boston raised its...
GW Equity said it sold South Texas Cellular Inc. to Capstar Wireless Services Inc. for an undisclosed sum. South Texas Cellular, a cellular tower maintenance and infrastructure company, maintains more than 600 cellular towers for Verizon Wireless, AT&T Mobility and Crown Castle International Inc....
