SpectraSite

Two of the nation’s largest tower operators posted second-quarter losses despite increasing revenues as they continued to move toward a pending merger. SpectraSite Inc. reported a net loss of $1.4 …

BOCA RATON, Fla.-Global Towers Partners said it has signed a definitive agreement to acquire 51 towers from Jesta Towers, a regional developer and wireless facilities owner with a focus on …

Global Towers Partners said it has signed a definitive agreement to acquire 51 towers from Jesta Towers, a regional developer and wireless facilities owner with a focus on the Gulf …

Less than a month ago, I wrote a column about how the recent lull in wireless activity (mergers, etc.) was just the calm before the storm. Boom! Did you hear …

American Tower Corp. and SpectraSite Inc. announced they have agreed to merge in an $11.3 billion stock-for-stock transaction. The combination would create the largest tower company in North America with …

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 …

Nextel Partners Inc. said it has entered into an agreement with TowerCo Inc. to purchase, construct and own 300 cell towers for an undisclosed amount. The agreement calls for TowerCo …

CARY, N.C.-SpectraSite Inc. said it has filed a statement with the Securities and Exchange Commission to offer 250,000 shares of its common stock to adjust to a market price obligation. …

Tower company SpectraSite Inc. said it lost $1.8 million in the fourth quarter, as part of its results for the period and full year. The company also revised its 2005 …

CARY, N.C.-Tower company SpectraSite Inc. reported results for the fourth quarter and full year ended Dec. 31, 2004, and updated its 2005 outlook. In 2004, the company said it achieved …

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 …

Sprint PCS tower assets are creating industry buzz again as the carrier affirmed it is talking with potential buyers. With its 6,200 towers up for sale, Sprint seems poised to …

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. …

SpectraSite Inc. continues to ride a wave of positive momentum following its emergence from Chapter-11 bankruptcy protection earlier this year. The company followed an improved second quarter with further improvements …

CARY, N.C.-SpectraSite Inc. named Mark A. Slaven chief financial officer. Slaven most recently was CFO of 3Com Corp. Before that he served in several executive positions at 3Com. Gabriela Gonzalez …

CARY, N.C.-TowerCo Inc. announced it has begun operations at its Cary, N.C., headquarters and a southeast region office in Richmond, Va., on a commitment of up to $50 million in …

SpectraSite Inc. said it has purchased 191 wireless communications towers from affiliates of SBC Communications for $50 million in the final closing in its commitment to acquire SBC’s leasehold and …

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 …

Two tower companies, SpectraSite Inc. and Crown Castle International Corp., reported improved quarterly financials. SpectraSite reported improved second-quarter financial results and announced the search is on for a new chief …

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 …

CARY, N.C.-SpectraSite Inc. announced its wholly owned operating subsidiary SpectraSite Communications Inc. has amended its credit facility. The amendment provides for a $216.5 million basket that will allow the subsidiary …

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 …

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 …