SpectraSite

CARY, N.C.-SpectraSite Inc.’s previously announced secondary offering of 9 million shares of common stock has been priced at $36.25 per share. The shares are being offered through Apollo Management V …

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 …

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 …

NEW YORK-Lehman Brothers analyst Blake Bath this week initiated coverage of tower companies American Tower Corp., Crown Castle International Corp. and SpectraSite Inc. with various ratings. Bath rated American Tower …

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 …

As the battle for network supremacy rages on, wireless carriers are targeting places with minimal wireless coverage, including highly trafficked indoor spaces like airports, shopping malls, casinos, office buildings, healthcare …

CARY, N.C.-SpectraSite Inc. recently released its fourth-quarter 2003 results, warning they are not necessarily comparable to the previous year’s results since the company was reorganized in early 2003. The company …

The sale of AT&T Wireless Services Inc. is unlikely to have a long-term negative effect on the tower industry, according to tower companies and analysts in the space, who this …

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, …

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 …

Tower owner and operator SpectraSite Inc. this week released fairly solid third-quarter 2003 financial results. SpectraSite reported total revenues of $83.9 million, up from $79.3 million for the third quarter …

NEW YORK-Analysts including Raymond James & Associates Inc. and Bear Stearns and Co. Inc. have re-initiated coverage of SpectraSite Inc. following the company’s re-listing on the New York Stock Exchange …

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, …

CARY, N.C.-SpectraSite Inc. said it has priced its previously announced secondary offering of 9 million shares of common stock at $30.25 per share. Underwriters have been granted an option to …

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 …

CARY, N.C.-SpectraSite Inc. released solid second-quarter 2003 results, reflecting improved revenues and decreased losses. The company said total revenues were $80.9 million, up from $73.2 million recorded in the second …

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 …

Nextel Communications Inc. surpassed even the most bullish expectations, posting a quarterly record 591,000 net customer additions during the second quarter, compared with 469,000 net customer additions during the second …