Lehman Brothers

NEW YORK-A 6-percent average summer dip in the price of shares in American Tower Corp., Crown Castle International, Pinnacle Towers Inc., SBA Communications and SpectraSite Communications also reflected “a shift …

NEW YORK-Wireless users may be free of the wire but not of the clutter. Despite the image of untethered communications, they are burdened with a bevy of devices. Only technology …

NEW YORK-Metricom Inc. is on track to launch its new Ricochet service with data speeds up to 128 kilobits per second in New York and several other cities markets by …

NEW YORK-Merger prospects tend to have a significant impact on a company’s share price, although the degree of that influence can be difficult to precisely identify. The second-largest domestic personal …

NEW YORK-Western Multiplex Corp., Sunnyvale, Calif., a broadband wireless access equipment provider, went public last week with a 7.5-million share offering of common stock, priced at $12 each. The company, …

The upcoming U.S. spectrum auctions present some interesting times for the wireless industry. Auctions in the past were more predictable, primarily reserved for veteran executives experienced in running wireless networks. …

Wireless carriers spend billions of dollars on spectrum to support the latest high-speed wireless applications that are designed to change the way the world communicates. Knowing they can’t provide that …

Sprint PCS affiliate IWO Holdings filed a prospectus with the Securities and Exchange Commission to raise $173 million in an initial public offering. The company said it would use proceeds …

NEW YORK-Excluding the third-generation wireless impact, the number of cell sites for mobile communications in the United States likely will reach 140,000 in the next two years, said Ric Prentiss, …

BOULDER, Colo.-SignalSoft Corp. filed a registration statement with the Securities and Exchange Commission for an initial public offering of its common stock. The company said Salomon Smith Barney will act …

NEW YORK-The Federal Communications Commission 700 MHz auctions in May will be “a significant industry-transforming event and near-term catalyst … in the race toward wireless data,” John Bensche, senior analyst …

NEW YORK-Tower companies are sitting pretty and poised for even greater prosperity in 2000 and beyond as domestic demand for their properties grows. Prime movers in this rosy scenario are …

KANSAS CITY, Mo.-Sprint PCS reported earnings for the fourth quarter and year ended Dec. 31, of $996 million and $3.18 billion, respectively. This marks a significant increase from the $437 …

NEW YORK-Dobson Communications, Oklahoma City, sold its 25 million share initial public offering Feb. 4 at a price of $22 each, the top of the expected range. By midday Friday, …

Expectations among industry financial analysts that Motorola Inc.’s fourth quarter earnings will exceed consensus estimates of 81 cents per share caused the company’s stock to skyrocket Friday to $150 a …

After months of speculation over what would happen to Sprint PCS’ GSM network in Washington, D.C., Omnipoint Corp. and VoiceStream Wireless Corp. have agreed to purchase the network for an …

Wireless stocks became the darling of Wall Street this year. Just a year ago analysts were predicting the death of stand-alone wireless stocks as landline companies planned to fold their …

Bell Atlantic Mobile purchased six 10-megahertz personal communications services licenses from Rivgam Communications L.L.C. to increase voice capacity and prepare for the onslaught of high-speed data applications. The cellular operator …

Convinced that wireless growth was significantly outpacing its own estimates, Lehman Brothers Inc. last week dramatically upped its long-term forecast for the wireless industry and upgraded a number of wireless …

NEW YORK-Triton PCS Holdings Inc., Malvern, Penn., an AT&T Wireless Services Inc. affiliate, filed with the Securities and Exchange Commission Aug. 13 for an initial public offering of up to …

NEW YORK-World Access Inc., Atlanta, announced Aug. 17 it would acquire FaciliCom International Inc., Washington, D.C., by paying FaciliCom’s shareholders about $436 million and assuming $300 million in FaciliCom debt. …

NEW YORK-All bidders for the United Kingdom’s One-2-One have reportedly dropped out, so Cable & Wireless plc and MediaOne Group, which own the personal communications services carrier, will have to …

NEW YORK-“The best news I will present today is that, for the first time in more than a year, there is significant interest by institutional investors” in private equity investments …

To increase the secondary market trading liquidity of Grupo Iusacell’s public equity and to give the Mexico City-based wireless carrier greater access to debt financing, a new but allied entity …

NEW YORK-Anticipating a $2 billion market in Internet-based wireless services by 2003, Motorola Inc. and Cisco Systems Inc. announced June 7 they would buy the fixed-wireless assets of Bosch Telecom …