SBA Communications

SpectraSite Inc. kicked off wireless tower company first-quarter earning releases this week on a positive note. The company said revenues for the first quarter were $84.6 million and operating income …

BOCA RATON, Fla.-SBA Communications Corp. announced it has hired a new chief financial officer. In addition to heading up financial aspects of SBA, Anthony Macaione, 40, will also serve as …

HOUSTON-Crown Castle International Corp. put wireless communications tower stock traders in a frenzy this week when it offered up a concrete sign of hope for the sector by raising its …

Crown Castle International Corp. put wireless communications tower stock traders in a frenzy this week when it offered up a concrete sign of hope for the sector by raising its …

BOCA RATON, Fla.-SBA Communications Corp.’s Chairman of the Board of Directors Steven Bernstein plans to trade up to 1.4 million shares of SBA common stock, or 25 percent of his …

BOCA RATON, Fla.-SBA Communications Corp.’s Chairman of the Board of Directors Steven Bernstein plans to trade up to 1.4 million shares of SBA common stock, or 25 percent of his …

Wireless communication tower owners American Tower Corp., Crown Castle International Corp. and SpectraSite Inc. spoke at last week’s Raymond James & Associates Inc. Institutional Investors Conference, where all three companies …

CARY, N.C.-SpectraSite Communications Inc. announced it has completed the sale of its broadcast services division to Doty, Moore & Hoenninger L.L.C., an investment vehicle owned by members of the broadcast …

BOCA RATON, Fla.-SBA Communications Corp. rounded out the tower company fourth-quarter 2003 earnings with mixed results, released late Thursday. Total revenues stood at $57.6 million, compared with $57.4 million a …

NEW YORK-Tower stocks are slightly down in value despite strong earnings reports from American Tower Corp. and Crown Castle International Corp. earlier this week. Analysts from Raymond James & Associates …

NEW YORK-Standard & Poor’s Ratings Services raised its outlook on American Tower Corp. to positive from stable, and affirmed its “B-” corporate rating on the company. S&P said it is …

BOCA RATON, Fla.-SBA Communications Corp. is launching a new $350 million senior secured credit facility that will consist of a $75 million revolving credit facility to mature July 2008 and …

Affirmation from wireless carriers and equipment vendors, as well as industry analysts and Wall Street, is driving optimism from tower companies regarding new tower builds. Analyst firm Raymond James and …

When tight carrier capital spending forced tower companies to focus on their primary businesses, non-core assets like managed rooftop portfolios justifiably became a second priority. But as the sector rebounds, …

SARASOTA, Fla.-Pinnacle Towers Inc. announced it has made Ronald Bizick executive vice president of corporate development and operations. Bizick formerly served as executive vice president and chief operating officer of …

BOCA RATON, Fla.-SBA Communications Corp. has priced an offering of $402 million aggregate principal amount at maturity of its 9.75-percent senior discount notes due 2011. SBA said it will use …

BOCA RATON, Fla.-SBA Communications Corp. said it has commenced a cash tender offer for up to $153.3 million of its senior discount notes due 2008. The amount is 70 percent …

SBA Communications Corp. reported revenues for the third quarter totaled $52.4 million, down from $60.8 million in third-quarter 2002. The company also released the results of a re-audit of its …

BOCA RATON, Fla.-SBA Communications Corp. has released its third-quarter 2003 financial earnings. The company also released the results of a re-audit of its fiscal year 2001 and 2002 financial statements …

BOCA RATON, Fla.-SBA Communications Corp. said it will restate some financial statements from 2001, 2002 and 2003 to reflect this year’s sale of towers to AAT Communications Corp. and other …

HOLLYWOOD, Fla.-Wireless carriers are going to have to fortify their networks to become increasingly reliable as more people cut the cord. Does that sound like good news for tower companies, …

BOCA RATON, Fla.-SBA Communications Corp. said it will restate some financial statements from 2001, 2002 and 2003 to reflect this year’s sale of towers to AAT Communications Corp. and other …

NEW YORK-Bear Stearns & Co. Inc. has raised its wireless tower sector rating to “market overweight,” reflecting its confidence in the industry’s ability to continue financial deleveraging. The analyst firm …

BOCA RATON, Fla.-Tower owner SBA Communications Corp. has reported its second-quarter 2003 financial results. The company said its total revenues for the quarter were $50.4 million, down from $63.6 million …

Second-quarter results from public tower companies reflect improved financial stability and greater optimism that cell-site additions will ramp up in the coming months. Crown Castle International Corp. released its second-quarter …