Towers

SARASOTA, Fla.—For the fourth quarter in a row, Global Signal Inc. blamed its net losses on the company’s $1.2 billion cash purchase of 6,600 Sprint Nextel Corp. towers, which the company announced in May 2005. Posting first-quarter losses of $35.1 …

HOUSTON—Crown Castle International Corp. is picking up 468 towers with the purchase of Alexandria, Va.-based Mountain Union Telecom L.L.C. for $309 million. CCI said it expects to close the deal with privately-held Mountain Union by July 1, a move the …

Helio L.L.C. made its long-awaited debut in the wireless marketplace last week with two high-end handsets linked to social networking site MySpace.com and plans to have its services available through 1,000 retail locations by the end of the month. Helio’s …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News.   Carrier RBC Capital Markets lowered its 2006 …

LOS ANGELES, Calif.—Helio L.L.C. made its debut in the wireless marketplace today with two high-end handsets linked to social networking site MySpace.com and plans to have its services available through 1,000 retail locations by the end of the month.    …

Following several years of lean results, tower companies appear to be righting their ships thanks to network expansions and new technology investments. Indeed, Mark DeRussy, analyst with Raymond James Equity Research, said the tower sector remains solid as carriers continue …

WASHINGTON-Customers of at least one rural telecommunications cooperative are cutting the cord at the rate of five to 10 per month, J. Frederick Johnson, executive vice president and general manager of Farmers Telecommunications Cooperative, based in Rainsville., Ala., told RCR …

Post-CTIA Wireless 2006, the pundits and ponderers have plenty to chew on. With the conference showcasing the leading edge, the bleeding edge and the receding edges of the wireless industry and mobile technology, it offered a view of where the …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. Carrier Standard & Poor’s Ratings Services said it …

HOUSTON—The nation’s second largest tower company appears to be closing in on its losses, as Crown Castle International Corp. reported first-quarter net losses of just $6.7 million, a sharp decline form its year-ago net loss of $126.9 million. CCI’s posted …

BOSTON—American Tower Corp. narrowed its financial losses, reporting first-quarter net losses of $2.6 million from revenue of $320.4 million compared to the year-ago loss of $31.6 million based on revenue of $184.4 million. “American Tower made significant progress over the …

WASHINGTON—Customers of at least one rural telecommunications cooperative are cutting the cord at the rate of five to 10 per month, J. Frederick Johnson, executive vice president and general manager of Farmers Telecommunications Cooperative, based in Rainsville., Ala., told RCR …

WASHINGTON—The Federal Communications Commission denied a 2002 request from the American Bird Conservancy and the Forest Conservation Council to study whether wireless towers contribute to the death of migratory birds, clearing the way for wireless towers to be rebuilt along …

SARASOTA, Fla.-Global Signal Inc. announced it has hired Jerry Elliott as its new president and chief executive officer, succeeding Wesley Edens, who will serve as chairman of the company’s board. Elliot recently served as president of Citizens Communications Co., a …

WASHINGTON—The Federal Communications Commission said Wednesday it was denying and dismissing a petition filed in 2002 by the American Bird Conservancy and the Forest Conservation Council that could have delayed building wireless facilities along the Gulf Coast while the requested …

SARASOTA, Fla.—Global Signal Inc. announced it has hired Jerry Elliott as its new president and chief executive officer, succeeding Wesley Edens, who will serve as chairman of the company’s board. Elliot recently served as president of Citizens Communications Co., a …

WASHINGTON-The American Bird Conservancy and the Forest Conservation Council urged a federal appeals court to order the Federal Communications Commission to take action to protect migratory birds from the ill-effects of tower siting. “Three-and-a-half years is an unreasonable delay,” Jennifer …

WASHINGTON—The American Bird Conservancy and the Forest Conservation Council urged a federal appeals court Thursday morning to order the Federal Communications Commission to take action to protect migratory birds from the ill-effects of tower siting. “Three-and-a-half years is an unreasonable …

The global war on terrorism and natural disasters here and abroad are forcing policymakers to rethink-and redesign-public warning systems that take advantage of wireless and other technologies used by billions of people around the world today. The undertaking involves a …

Just when municipal Wi-Fi projects are gaining support from incumbent telcos, the battle between the City of New Orleans and BellSouth Corp. slaps the conflict back onto center stage. New Orleans’ Chief Technical Officer Greg Meffert asserts that BellSouth, through …

WESTBOROUGH, Mass.-Eager to expand its portfolio, tower owner and operator Optasite Inc. completed a $125 million round of debt and equity financing. The company also closed on a slew of site acquisitions, bringing the company’s portfolio of towers to more …

AUSTIN, Texas—KGI Wireless Inc. said it snagged a multi-year deal to manage Alltel Corp.’s 3,000 wireless tower sites. The agreement represents the first time a domestic wireless carrier has selected a company to direct the marketing and licensing of its …

WESTBOROUGH, Mass.—Eager to expand its portfolio, tower owner and operator Optasite Inc. completed a $125 million round of debt and equity financing. The company also closed on a slew of site acquisitions, bringing the company’s portfolio of towers to more …

It was a week of mixed results for regional carriers, as numbers trickled in from a handful of operators-some of which had delayed their reporting or had to restate prior earnings. Leap Wireless International Inc. had a slightly weaker-than-expected fourth …

SBA Communications Corp., the nation’s fifth-largest tower company, is offering $1 billion to acquire AAT Communications Corp., the nation’s sixth-largest tower company. SBA said it will pick up AAT’s 1,855 owned tower sites along with an additional 250 revenue-producing managed …