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 …
SpectraSite
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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 …