SpectraSite

CARY, N.C.-Wireless tower operator SpectraSite Holdings Inc. announced Thursday afternoon it has sold its interest in Concourse Communications Group L.L.C., which develops shared wireless tenant infrastructure systems in U.S. airports. …

CARY, N.C.-SpectraSite Holdings Inc. announced that the Nasdaq Stock Market has approved its request to transfer its common stock to the Nasdaq SmallCap Market effective today. The company’s common stock …

CARY, N.C.-SpectraSite Holdings Inc. said SpectraSite Communications Inc. and its bank lenders have amended the company’s senior credit facility. The amendment provides the company with greater flexibility as it seeks …

STOCKHOLM, Sweden-Allgon Telecom Ltd. announced Magnus Friberg has been made president, responsible for day-to-day operations, including sales, marketing and operations. Friberg rejoins Allgon, having served as vice president of sales …

CARY, N.C.—SpectraSite Holdings Inc. late Wednesday amended offers to purchase a portion of its outstanding senior notes to reduce the minimum tender condition by half, to $150 million. The company …

CARY, N.C.—SpectraSite Holdings Inc. is terminating its build-to-suit contract with Cingular Wireless and transferring its sublease agreements in 545 SBC Communications Inc. towers to Cingular, as well as modifying its …

NEW YORK—Standard & Poor’s revised its outlook for SpectraSite Holdings Inc. to negative from stable due to the tower company’s dependence on external funding. “The current economic environment increases the …

CARY, N.C.—SpectraSite Communications Inc. announced agreements with The Rouse Company and Westfield America Inc., both real estate development and management companies, whereby SpectraSite has the right to install in-building wireless …

CARY, N.C.—SpectraSite Holdings Inc. reported results for the fourth quarter and year ended Dec. 31. The company’s revenues for the quarter totaled $131.3 million, compared with $103.4 million for fourth-quarter …

NEW YORK—Moody’s Investors Service down graded both SpectraSite Holdings Inc. and Pinnacle Holdings Inc. Moody’s said it took the action because Pinnacle is unable to get longer-term covenant relief from …

SAN JUAN CAPISTRANO, Calif.—Shorecliff Communications and RCR Wireless News announced the finalists for the 2001 Excellence in Business Awards, scheduled to take place Oct. 30 at the 2001 Tower Summit …

Crown Castle International Corp., SpectraSite Holdings Inc. and SBA Communications Corp. reported positive revenues for the second quarter ended June 30, but they did not escape the current telecom shakedown …

NEW YORK-Stockholm-based Iquity Systems has established a U.S. headquarters near Wall Street to promote its Mobile Media Suite, which delivers recorded advertising messages to wireless customers interested in getting discounts …

WAYNESBORO, Va.-NTELOS Inc. and Conestoga Enterprises Inc. reached a definitive merger deal that will create an integrated communications provider in the Mid-Atlantic region with 200,000 PCS subscribers and 175,000 local …

Tower companies tend to fall into a safe and cozy place in the hard driving, fast moving wireless machine, seemingly immune to the pitfalls that plague carriers and network equipment …

American Tower Corp. and SpectraSite Holdings Inc. reported positive operational results last week for the first quarter ended March 31. American Tower said it constructed 375 new towers, acquired 238 …

NEW YORK-Lenders anted up significant capital during the first quarter for the five publicly traded wireless tower companies, even as their share prices declined amid the stock market’s general concerns …

SpectraSite Transco Communications SAS, the French subsidiary of SpectraSite Transco Communications Ltd., said it purchased 19 percent of the share capital of Paris-based telecommunications network deployment company Sofrer S.A. Financial …

Back in October, when the top brass of the tower industry converged in Las Vegas for the 2000 Tower Summit and Trade Show, the room buzzed with anticipation over the …

WASHINGTON-As the Occupational Safety and Health Administration prepares to launch a new tower safety program aimed at curbing increased injuries and fatalities that have accompanied phenomenal wireless growth during the …

NEW YORK-In this year’s RCR Wireless News Major Players Vendors listing, Nokia Corp. and Ericsson Inc. each moved up a notch, rising to first and second place respectively among equipment …

WASHINGTON-The Occupational Safety and Health Administration, concerned with increased tower construction fatalities and injuries, is putting the tower industry under the microscope. OSHA head Charles Jeffress is expected shortly to …

STOCKHOLM-L.M. Ericsson will use SpectraSite Holdings Inc.’s portfolio of towers, rooftops and land sites to expand its network in anticipation of third-generation wireless services in the United States and Europe, …

LAS VEGAS-The once-sleepy tower industry revealed its flashier side last week at the third annual 2000 Tower Summit and Trade Show here, as industry executives touted the growing demand for …

NEW YORK-A 6-percent average summer dip in the price of shares in American Tower Corp., Crown Castle International, Pinnacle Towers Inc., SBA Communications and SpectraSite Communications also reflected “a shift …