The sluggish recovery and the threat of the fiscal cliff make the capital markets uncertain territory, but the wireless industry has fared better than most in 2012. Venture capitalists have been ready to fund infrastructure plays as well as mobile apps, and the carriers...
Perhaps showing the strength of the tower segment, SBA Communications raised the yield of a senior notes offering by $150 million just hours after the initial plans were announced.
The tower giant said its senior notes offering would now look to raise $800 million, which...
SBA Communications continued to expand its tower empire, announcing today plans to acquire privately-held TowerCo for $1.45 billion. That price includes $1.2 billion in cash and 4.6 million Class A shares valued at $250 million.
TowerCo owns 3,252 sites across 47 states and Puerto Rico,...
DALLAS – RCR Wireless News managed to secure exclusive video interviews with a number of key executives and speakers at PCIA’s 2011 Wireless Infrastructure Show this week in Dallas. The insight provided touched on a number of topics impacting the mobile infrastructure space, including current carrier consolidation plans, public safety network plans and the current operating environment for tower companies.
DALLAS – The current waves impacting the financial markets have not gone unnoticed by the tower industry, though many in the space seem to think their ship is water tight enough to handle whatever investors can throw at it.
T-Mobile USA Inc.'s (DTEGY) tower assets are likely to get interest from the top three tower companies as T-Mobile's tower assets are in good locations nationwide and have an operator (T-Mobile) already located on them, said tower expert Jim Fryer, president of...
Editor's Note: Following is the listing of the top 10 tower companies in the United States, along with a list of “honorable mentions” of companies that more than likely fall in the top 20 tower companies. A continuing trend in the tower industry is...
St. Louis-based St. Charles Tower is a small tower company that got a big win from LightSquared, as the operator inked its first leasing deal, for six of St. Charles' towers in Las Vegas and Phoenix as it builds out its hybrid LTE-satellite network....
RCR Wireless News announced finalists for its second annual 4G Ecosystem Awards. Winners will be announced at 4 p.m. Oct. 19 at the RCR Buzz Zone during 4G World in Chicago.“We were thrilled by the quality of nominations we received this year,” said RCR...
HOLLYWOOD, Fla.—Distributed antenna systems, rooftop antennas and macrocellular towers will be key building blocks when deploying next-generation wireless networks. As such, today’s infrastructure providers are offering a wider array of tools to help build out these networks.Top tower company CEOs speaking to RCR Wireless...
HOLLYWOOD, Fla.—The nation's top tower companies proved they could access the capital markets in a number of ways last year, after facing tight cap markets at the end of 2008. They also showed they could de-leverage quickly when called upon. Now they want the...
Editor's Note: This article originally appeared in RCR Wireless News' January Special Edition Wireless Infrastructure: The Engine for Economic Recovery. Look for our March Special Edition, coming soon.Wireless networks are the cornerstone of the wireless industry. These capital-intensive investments are a key building...
Cell site professional services provider Core Communications appointed Keith Pinter chairman of its board and Mark Carney to director of development. Pinter formerly served as CEO of Matrix Group International Inc. and in his new position will be responsible for Core’s strategic direction and...
NASHVILLE, Tenn. — The nation's top tower company executives are optimistic on the outlook for their industry, in part because they survived late 2008 and early 2009 intact despite tight credit markets, but more so because mobile broadband services are taking off.Speaking at PCIA's...
The tower industry gets its turn on the trade show spotlight this week as PCIA’s 2009 Wireless Infrastructure Show is set to kick off at the Gaylord Opryland Resort and Hotel in Nashville, Tenn. The event’s festivities start on Monday, Sept. 21 with the...
Global Tower Partners added 235 towers to its inventory. The Florida-based company bought the new towers from AT&T Mobility; the towers span across 24 states.Financial terms of the deal, including the sale price, were not disclosed. Further, neither AT&T nor RBC Daniels (which acted...
The companies listed below represent the largest independent national and regional tower companies in the United States for the second quarter of 2008.
American Tower and Crown Castle continue to dominate the U.S. tower industry.
American Tower remains the largest tower company in the country,...
The tower industry was busy last week with Sprint Nextel Corp. announcing the sale of 3,300 towers to TowerCo L.L.C. for $670 million and tower giant SBA acquiring a pair of smaller players. Sprint Nextel said the sale of its towers to TowerCo provides...
Sprint Nextel Corp. sold its 3,300 towers to TowerCo L.L.C. for $670 million, a move that provides the carrier with some cash and relieves it of the business of owning and managing the towers.The companies expect the deal to close in 90 days.The agreement...
The companies listed below represent the largest independent national and regional tower companies in the United States. Also included below are the nation's major wireless carriers and their tower portfolios.
American Tower scored the top spot as the nation's No. 1 tower company, counting more...
SBA Communications Corp. said it will spend up to $193.5 million for as many as 430 towers in the United States from TowerCo L.L.C. SBA said it will use cash on hand as well as drawing on its existing $335 million line of credit...
CARY, N.C.—TowerCo L.L.C. announced that its credit facility from CapitalSource has been raised from $35 million to $75 million. The two-year-old tower company said it will use the funds to expand its tower portfolio from its existing 360 towers to more than 600 towers....
If it seems like the tower industry has been taken over by giants, consider that first and foremost, towers are real estate. Thus, the game is not necessarily played according to volume. Rather, the value of any given tower depends in large part on...
Investors gave tower companies a thumbs up last week as plans for augmenting or expanding their facilities were greeted with a slew of new financing options. SBA Communications Corp., the nation's fifth-largest tower company, said it obtained a new $160 million credit facility. SBA...
