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  • Market unimpressed by Nextel’s strong 2Q

    by Reily Gregson July 17, 2003
    by Reily Gregson July 17, 2003

    Nextel Communications Inc. reported a strong quarter of subscriber additions and rising revenues, but the news didn’t help spur a market depressed by unimpressive reports from industry heavyweights like Nokia …

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  • SpectraSite tells mall rats to ‘talk on’

    by Reily Gregson June 9, 2003
    by Reily Gregson June 9, 2003

    Highlighting its major stake in the in-building arena, SpectraSite Inc. is making an unusual move for a tower company, directly marketing its infrastructure to the consumer. The company’s “Talk On” …

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  • Tower firms choose sides in show tug-of-war

    by Reily Gregson June 2, 2003
    by Reily Gregson June 2, 2003

    Wireless infrastructure association PCIA is gearing up for its first industry trade show since it narrowed its focus to the tower sector last fall, but tight travel budgets will not …

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  • Tower sector stocks see increase following analyst presentations

    by Reily Gregson June 2, 2003
    by Reily Gregson June 2, 2003

    Wireless tower industry stocks soared last week, with major players’ shares rising above previous 52-week highs. American Tower Corp. was trading at $9.25 per share, Crown Castle International Corp. hit …

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  • Tower stocks up following financial presentations

    by Reily Gregson May 29, 2003
    by Reily Gregson May 29, 2003

    Wireless tower industry stocks soared this week, with major players’ shares rising above previous 52-week highs. American Tower Corp. was trading at $9.25 per share, Crown Castle International Corp. hit …

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  • Wojciechowski joins SpectraSite

    by Reily Gregson May 28, 2003
    by Reily Gregson May 28, 2003

    CARY, N.C.-SpectraSite Communications Inc. has hired Daniel Wojciechowski as vice president of network operations to lead the design, deployment and network optimization of the company’s in-building distributed antenna installations, underscoring …

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  • Carriers upgrade sites to gain call quality

    by Reily Gregson May 19, 2003
    by Reily Gregson May 19, 2003

    As the wireless industry comes of age, upgrades are necessary to keep existing, legacy infrastructure in working order and compatible with emerging wireless communications technologies. Those upgrades and enhancements start …

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  • SpectraSite reports increased site leasing revenues

    by Reily Gregson May 13, 2003
    by Reily Gregson May 13, 2003

    CARY, N.C.-SpectraSite Inc. late last week reported first quarter 2003 results reflecting increased site leasing revenues and net income. Revenues were $81.4 million, up from $72.4 million for the first …

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  • S&P raises SpectraSite ratings

    by Reily Gregson May 6, 2003
    by Reily Gregson May 6, 2003

    NEW YORK-Standard & Poor’s Ratings Services has assigned a B corporate credit rating to SpectraSite Inc. and has raised the rating on SpectraSite Communications Inc.’s secured bank loan to B+ …

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  • SpectraSite reports uptick in 4Q revenues

    by Reily Gregson April 4, 2003
    by Reily Gregson April 4, 2003

    CARY, N.C.-SpectraSite Inc. late last week quietly reported its fourth quarter and year-end 2002 results. Total revenues for the fourth quarter were $81.7 million, up from the previous year’s $72.2 …

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  • American Tower shares hit new high

    by Reily Gregson April 4, 2003
    by Reily Gregson April 4, 2003

    BOSTON-Shares of American Tower Corp. hit a new 52-week high on Thursday, trading at $6.15 by mid-day. The company’s stock is up 72 percent since the end of 2002. Other …

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  • SBA reports results, says tower sale should help with covenants

    by Reily Gregson March 25, 2003
    by Reily Gregson March 25, 2003

    BOCA RATON, Fla.-With its stock still floating above $1 following last week’s announcement of its pending tower sale, SBA Communications Corp. has reported its fourth-quarter and year-end 2003 results. For …

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  • S&P: Tower biz recovery 2 years out

    by Reily Gregson January 8, 2003
    by Reily Gregson January 8, 2003

    NEW YORK-The U.S. wireless tower industry is at least 18 to 24 months away from recovery, according to a recent report from Standard & Poor’s Rating Services. In its report, …

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  • SpectraSite Holdings completes sale of network services division

    by Reily Gregson December 31, 2002
    by Reily Gregson December 31, 2002

    CARY, N.C.-SpectraSite Communications Inc., the operating arm of bankrupt SpectraSite Holdings Inc., said its WesTower Corp. subsidiary has completed the previously announced sale of SpectraSite’s wireless network services division. The …

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  • SpectraSite will sell network services group to WesTower

    by Reily Gregson November 27, 2002
    by Reily Gregson November 27, 2002

    CARY, N.C.-SpectraSite Communications Inc., operating subsidiary of bankrupt SpectraSite Holding Inc., said it will sell its wireless network services division to its subsidiary WesTower Corp. SpectraSite acquired the network services …

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  • American Tower upgraded, SpectraSite to be delisted

    by Reily Gregson November 25, 2002
    by Reily Gregson November 25, 2002

    NEW YORK-American Tower Corp.’s stock has been upgraded to “Strong Buy” by Raymond James & Associates Inc. in anticipation of several financial actions expected to occur by early 2003. American …

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  • SpectraSite to be delisted from Nasdaq

    by Reily Gregson November 22, 2002
    by Reily Gregson November 22, 2002

    CARY, N.C.-Following its Chapter 11 bankruptcy filing earlier this month, SpectraSite Holdings Inc. has been notified it will be delisted from the Nasdaq Small Cap Market, effective Nov. 26, 2002. …

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  • SpectraSite Holdings files for Chapter 11

    by Reily Gregson November 15, 2002
    by Reily Gregson November 15, 2002

    CARY, N.C.-SpectraSite Holdings Inc. filed Chapter 11-bankruptcy protection today in accordance with the plan it released Nov. 6. In doing so, SpectraSite amended agreements with carrier Cingular Wireless L.L.C. and …

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  • S&P cuts rating on SpectraSite

    by Reily Gregson November 7, 2002
    by Reily Gregson November 7, 2002

    NEW YORK-Following SpectraSite Holdings Inc.’s announcement it will file for Chapter 11 bankruptcy protection, Standard & Poor’s Rating Services lowered the companies ratings on its senior unsecured debt issues to …

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  • SpectraSite to file for bankruptcy protection

    by Reily Gregson November 6, 2002
    by Reily Gregson November 6, 2002

    CARY, N.C.-Tower owner SpectraSite Holdings Inc. said it will file for Chapter 11 bankruptcy protection, a move it said 66 percent of holders of its senior notes support. As SpectraSite …

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  • Tower companies rise on carrier earnings

    by Reily Gregson October 24, 2002
    by Reily Gregson October 24, 2002

    BOSTON-The four publicly traded tower companies received a much-needed boost from Wall Street this week, following tolerable carrier earnings and some financial announcements of their own. Third-quarter earnings announcements from …

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  • SpectraSite defaults on bonds

    by Reily Gregson October 16, 2002
    by Reily Gregson October 16, 2002

    NEW YORK-Tower company SpectraSite Holdings Inc. has defaulted on $200 million of bonds originally due Sept. 15 and now past a 30-day grace period. The company began negotiations last month …

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  • American Tower deflects cash shortage rumors, reaffirms revenues

    by Reily Gregson October 9, 2002
    by Reily Gregson October 9, 2002

    BOSTON-Attempting to squelch rumors it will run out of cash, American Tower Corp. reaffirmed its total revenues for third quarter 2002. American Tower expects to report tower revenues in the …

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  • Moody’s gives speculative grade rating to Crown Castle

    by Reily Gregson October 2, 2002
    by Reily Gregson October 2, 2002

    NEW YORK-Moody’s Investors Service has assigned a speculative grade liquidity rating of SGL-3 to tower owner and operator Crown Castle International Corp. Moody’s said that the company has “ample cash …

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  • SpectraSite Holding appoints new board members

    by Reily Gregson September 19, 2002
    by Reily Gregson September 19, 2002

    CARY, N.C.-Tower operator SpectraSite Holding Inc. announced several new appointments to its board of directors. Stephen Clark, chief executive officer and founder of SpectraSite Holding Inc. will serve as chairman …

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Zayo locks in fiber supply as AI infrastructure demand intensifies
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Latest Articles

Zayo locks in fiber supply as AI infrastructure demand intensifies
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