Google acquired software developer Android, while the newly formed Sprint Nextel was set to pay its CEO $1M in base salary … 11 years ago this week
Editor’s Note: RCR Wireless News goes all in for “Throwback Thursdays,” tapping into our archives to resuscitate the...
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...
Crown Castle International Corp. reported growth in site rental revenues, although its losses widened year-over-year.The company's results included those of Global Signal Inc., which Crown Castle acquired earlier this year.On a pro forma basis, site rental revenues jumped 7.3% year-over-year. The company's total figures...
With the wireless sector the most competitive in the telecom industry, it is hard to imagine that company executives can simultaneously beat each other's brains out in the marketplace and work in harmony on issues of common interest. But they do for the most...
Crown Castle International Corp. reported it increased site rental revenues and narrowed its net loss for the fourth quarter and full year 2005.The results do not include data from Global Signal Inc., which became a subsidiary of the company earlier this year.The company reported...
SARASOTA, Fla.—Global Signal Inc. reduced its losses but still ended up in the red for the third quarter. The company reported a net loss of $11.3 million, which is about $4 million less than the $15.4 million loss that Global Signal reported in the...
In the Oct. 16 issue on page 7, we incorrectly stated the company and number of towers that Crown Castle International Corp. is buying. CCI is in the process of buying Global Signal Inc.'s 11,000 towers.
BOCA RATON, Fla.-Global Towers Partners dashed speculation in the media indicating that the privately owned tower company is for sale. The company's chief executive officer, Marc Ganzi, stated in an e-mail, "The stories of our impending sale for $1.5 billion were wildly false and...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierPrudential Equity Group raised its price target on several carriers, including Verizon Communications...
BOCA RATON, Fla.—Global Towers Partners dashed speculation in the media indicating that the privately owned tower company is for sale. The company’s chief executive, Marc Ganzi, stated in an e-mail, "The stories of our impending sale for $1.5 billion were wildly false and exaggerated....
BOCA RATON, Fla.-Global Tower Partners may be the next tower company to get swallowed up as the industry's giants fight over who will be king of the mountain. Global Tower Partners is owned by Blackstone Group LP, and, according to media reports, the buyout...
BOCA RATON, Fla.—Global Tower Partners may be the next tower company to get swallowed up as the industry’s giants fight over who will be king of the mountain. Global Tower Partners is owned by Blackstone Group LP, and, according to media reports, the buyout...
Crown Castle International Corp.'s $5.8 billion acquisition last week of Global Signal Inc. not only altered the tower industry's leadership position, but could spark another round of consolidation among industry players, with SBA Communications Corp. seen as the next likely target. Raymond James &...
HOUSTON—In the world of tower companies, where size definitely matters, No. 1 has just been usurped. Crown Castle International has skipped ahead of American Tower Corp.—the nation’s largest tower company—by buying Global Signal Inc. The deal, valued at $5.8 billion, will form a new...
NASHVILLE, Tenn.-The Wireless Infrastructure Association's annual convention began with the launch of a new a new forum that says its mission is to promote the understanding, acceptance and deployment of distributed antenna systems. DAS usage is gaining ground as a way to propagate RF...
There's nothing like a new nationwide WiMAX network to invigorate the already booming tower industry, though news of Sprint Nextel Corp.'s WiMAX plans didn't come in time to boost second-quarter results from Global Signal Inc. or American Tower Corp. During an earnings conference call,...
SARASOTA, Fla.—For the fifth quarter in a row, Global Signal Inc. blamed its net losses on the company’s $1.2 billion cash purchase of 6,600 Sprint Nextel Corp. towers, which the company announced in May 2005. Global Signal said its second-quarter net losses grew to...
SARASOTA, Fla.—For the fourth quarter in a row, Global Signal Inc. blamed its net losses on the company’s $1.2 billion cash purchase of 6,600 Sprint Nextel Corp. towers, which the company announced in May 2005.Posting first-quarter losses of $35.1 million from revenue of $120.9...
SARASOTA, Fla.-Global Signal Inc. announced it has hired Jerry Elliott as its new president and chief executive officer, succeeding Wesley Edens, who will serve as chairman of the company's board. Elliot recently served as president of Citizens Communications Co., a New York Stock Exchange-listed...
SARASOTA, Fla.—Global Signal Inc. announced it has hired Jerry Elliott as its new president and chief executive officer, succeeding Wesley Edens, who will serve as chairman of the company’s board. Elliot recently served as president of Citizens Communications Co., a New York Stock Exchange-listed...
SARASOTA, Fla.-Global Signal Inc. blames its fourth-quarter net losses of $18.8 million on costs from integrating and financing the sites it acquired from Sprint Corp. in May 2005. In 2004, the company posted fourth-quarter net losses of $4.1 million. "2005 was a transformational year...
Tower circles are buzzing with speculation as to who will walk off with AAT Communications Corp. and its 1,900 or so towers, in effect pushing aside fourth-quarter results from Crown Castle International Corp. and American Tower Corp. that provided few surprises in the tower...
SARASOTA, Fla.—Global Signal Inc. blamed its fourth-quarter net loss of $18.8 million on costs it incurred while integrating and financing the tower sites it acquired from Sprint in May. In 2004, the company posted fourth-quarter net losses of $4.1 million. "2005 was a transformational...
Global Signal Inc. announced that David Grain is stepping down from his position as president of the nation's third-largest tower company. The company said its chairman and chief executive, Wesley Edens, will take on the president's title also. "We appreciate David's efforts on behalf...
