ORLANDO, Fla. – The tower industry shares many similarities with its customer segment – wireless carriers – including the penchant for merger and acquisition activity. Recent history has seen a number of deals announced in the space, though the possibilities for more activity could...
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...
American Tower is looking to rev-up its distributed antenna business, having signed a deal with racetrack owner International Speedway to deploy DAS networks at 12 venues across the country. International Speedway owns such venues as Daytona International Speedway, Talladega Superspeedway and Michigan International Speedway.
The...
Perhaps showing the strength of the tower segment, SBA Communications raised the yield of a senior notes offering by $150 million just hours after the initial plans were announced.
The tower giant said its senior notes offering would now look to raise $800 million, which...
SBA Communications continued to expand its tower empire, announcing today plans to acquire privately-held TowerCo for $1.45 billion. That price includes $1.2 billion in cash and 4.6 million Class A shares valued at $250 million.
TowerCo owns 3,252 sites across 47 states and Puerto Rico,...
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...
SBA Communications (SBAC) said it plans to pay nearly $1.1 billion to acquire certain affiliates of Mobilitie, including more than 2,300 tower sites in the United States and Central America and certain indoor and outdoor distributed antenna systems in Chicago, Las Vegas, New York...
DALLAS – RCR Wireless News managed to secure exclusive video interviews with a number of key executives and speakers at PCIA’s 2011 Wireless Infrastructure Show this week in Dallas. The insight provided touched on a number of topics impacting the mobile infrastructure space, including current carrier consolidation plans, public safety network plans and the current operating environment for tower companies.
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.
SBA Communications Corp. (SBAC) and Health Care REIT Inc. (HCN) announced an agreement to make available wireless site leasing of new, prime rooftop locations in more than 15 states.Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is a real...
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...
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...
Our most recent event, RCR Wireless News Broadband New Jersey covered a lot of ground. It was a full day of discussion on stage (and in the halls) and a well attended event overall. Our team thoroughly enjoyed facilitating talks on stage that ran...
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...
OKLAHOMA CITY – Safety was the key message from SBA Communications Inc.’s Kurt Bagwell during his featured speaker spot at this week’s National Association of Tower Erectors annual event in Oklahoma City. Bagwell, who is president of SBA’s International operations, spent considerable time during...
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...
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...
Michael Frankle has been named chief executive officer at Ubidyne. Frankle joins the company from Telefonica O2 in Germany, where he was vice president in charge of access and transport technology planning and engineering for mobile and fixed networks.Azuki Systems Inc. announced John Clancy...
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...
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...
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...
