SBA Communications

Following is information on wireless companies that had ratings changes and other news from investment banking and financial services firms this week. Moody’s Investors Service Inc. upgraded the long-term senior …

As tower companies’ second-quarter earnings begin to roll in, three firms posted net losses last week, but industry analysts said the companies are on the right track and most rate …

BOCA RATON, Fla.-SBA Communications Corp. announced its second-quarter results Monday, reporting revenues of $63.2 million, a 12.2-percent increase from the second quarter of 2004 when the company reported revenues of …

Kristen Beckman Following are ratings changes and other financial information for wireless companies announced this week by investment banking and financial firms. CIBC raised its estimates on Powerwave Technologies Inc. …

BOCA RATON, Fla.-SBA Communications Corp. extended its pending exchange offer for all $250 million of its outstanding series of 8.5-percent senior notes due 2012. The expiration date, originally scheduled for …

BOCA RATON, Fla.-Tower company SBA Communications Corp. reported increasing revenues and a shrinking net loss, news that sparked its shares up slightly to $8.50 per share. The company purchased 51 …

The following wireless companies had debt ratings changes by financial services firms this week. Standard & Poor’s Ratings Services placed its ratings on four wireless tower companies on CreditWatch with …

BOCA RATON, Fla.-Tower operator SBA Communications Corp. announced a fourth-quarter net loss of $41.8 million, or 66 cents per share, compared with a net loss of $52.8 million or 98 …

NEW YORK-Once again, the tower operators are postponing their earnings releases for the fourth quarter. The major players, American Tower Corp., Crown Castle International and Global Signal Inc., said they …

With carriers focusing on network efficiency, tower companies are not expected to yield any immediate benefits from the anticipated merger between Sprint PCS and Nextel Communications Inc., according to analysts. …

Wireless tower owners continue to gain steam, as reflected in third-quarter financial results released last week by Crown Castle International Corp., Global Signal Inc., American Tower Corp. and SBA Communications …

BOCA RATON, Fla.-SBA Communications Corp. wrapped up this week’s round of earnings results from wireless tower companies. The company said it garnered total revenues of $58.7 million, up from $47.6 …

Crown Castle International Corp. posted solid third-quarter earnings results this week. Site rental revenues reached $134 million, up 11.6 percent from a year ago. U.S. site rental revenue alone made …

BOCA RATON, Fla.-SBA Communications Corp. named Duncan Cocroft and Philip Hawkins to its board of directors, expanding the company’s number of directors to eight. Duncan retired last year after serving …

Change has been afoot in the wireless tower industry. In the past 18 months, two of the industry’s five public players have gone through bankruptcy and returned, businesses have been …

Four of the five publicly traded wireless communications tower firms reinforced notions that this year would be a better one for the sector in their second-quarter 2004 financial results, released …

Global Signal Inc. will acquire 235 wireless communications towers from private tower venture Lattice Communications L.L.C. for $115 million. The towers are primarily located in Indiana, Ohio, Alabama, Kansas and …

Crown Castle International Corp. last week confirmed it is selling its U.K. business, including 3,600 tower sites, to British utility company National Grid Transco plc for $2.035 billion cash. “The …

AeroSolutions L.L.C. has found its niche in the oft-neglected wireless tower infrastructure industry. The company said it is being discovered by bigger players that increasingly rely on its expertise to …

WASHINGTON-The Small Business Administration said late Thursday it was withdrawing from a court case that rural wireline carriers had filed against the Federal Communications Commission regarding the intermodal local number …

Wireless tower owner Global Signal Inc., formerly known as Pinnacle Holdings, has returned to the public market with an initial public offering of 7 million shares of common stock priced …

Wireless tower owner Global Signal Inc., formerly Pinnacle Holdings, has returned to the public market with an initial public offering of 7 million shares of common stock priced at $18 …

WASHINGTON-The Department of Defense last week refused to say whether its inspector general is investigating a high-level official who allegedly attempted to convert a project to build a nationwide first-responder …

Despite increased revenues, tower companies Crown Castle International Corp. and SBA Communications Corp. reported first-quarter financials in the red, although Crown managed to shave its losses. Crown reported site rental …

BOCA RATON-SBA Communications Corp. late Thursday rounded out the public tower sector’s first-quarter 2004 financial earnings. The company recorded revenues of $57.3 million, up from $51.7 million in last year’s …