Towers

SARASOTA, Fla.-Global Signal Inc. signed long-term master antenna site leases with USA Mobility Inc., opening the door for USA Mobility to lease space on sites owned or leased by Global Signal. Global Signal was negotiating a new lease with USA …

DENVER-The Denver Police Department and the Consolidated Communications Network of Colorado each used the 71st annual Association of Public-Safety Communications Officials International show here last week to showcase their successes in public-safety communications. DPD demonstrated its M/A-COM Inc.-built radio communications …

Much hyped and long awaited, WiMAX is now in the first phase of wave one. That means it’s go-time for the world’s WiMAX players. The testing and rollout schedule for fixed WiMAX technology is broken down into phases and waves, …

SAN ANTONIO-Charys Holding Company Inc. said its wholly owned subsidiary, CCI Telecom Inc., has signed an agreement with Red Elm Associates L.L.C. to develop build-to-suit wireless tower opportunities. The agreement calls for the companies to build a four-carrier designed 190-foot …

SAN ANTONIO-Charys Holding Company Inc. said its wholly owned subsidiary, CCI Telecom Inc., has signed an agreement with Red Elm Associates L.L.C. to develop build-to-suit wireless tower opportunities. The agreement calls for the companies to build a four-carrier designed 190-foot …

Global Signal Inc. signed long-term master antenna site leases with USA Mobility Inc., opening the door for USA Mobility to lease space on sites owned or leased by Global Signal. Global Signal was negotiating a new lease with USA Mobility …

Is xMax the next big thing or just technology hype that will disappoint? XG Technology L.L.C., the privately held Sarasota, Fla.-based company developing xMax, describes it as a spectrum-sharing technology, a ground-breaking radio-frequency modulation and encoding technology that enables faster, …

Bolstered by a relatively speedy and uneventful approval process and a new ticker symbol that began trading on the New York Stock Exchange last week, Sprint Nextel Corp. said it is in position to become a differentiated wireless provider focused …

BOSTON-American Tower Corp. completed its merger with SpectraSite Inc., creating a combined company with more than 21,500 wireless towers, more than 400 broadcast towers and nearly 100 in-building sites. Stockholders of both companies approved the merger in separate meetings Aug. …

To the Editor, I know it’s been a long time since we’ve conversed, but I read your most recent RCR Opinion piece (“Telecom reform dejà vu” in Aug. 1 issue) regarding Sen. Ensign’s legislative proposal. First, the bill totally eliminates …

Following is information on wireless companies that had ratings changes and other news from investment banking and financial services firms this week. Moody’s Investors Service Inc. upgraded the long-term senior unsecured debt ratings of Sprint Corp. and Sprint Capital Corp. …

WASHINGTON-As expected, the wireless industry late Wednesday asked the U.S. Supreme Court to review and overturn an appeals-court ruling that allowed state courts to handle lawsuits regarding the possible negative health effects of using handheld wireless phones. “The U.S. Court …

American Tower Corp. completed its merger with SpectraSite Inc., creating a combined company with more than 21,500 wireless towers, more than 400 broadcast towers and nearly 100 in-building sites. Stockholders of both companies approved the merger in separate meetings Aug. …

As tower companies’ second-quarter earnings begin to roll in, three firms posted net losses last week, but industry analysts said the companies are on the right track and most rate the stocks as strong buys. In addition, a merger proposal …

Following are changes in wireless company ratings reported by financial services and investment banking firms this week. Standard & Poor’s Ratings Services said Sprint Corp. and Nextel Communications Inc. remain on CreditWatch with positive implications based on operating and financial …

BOSTON-American Tower Corp. and SpectraSite Inc. announced Wednesday that their respective stockholders have approved the transaction for the companies to merge. The companies expect the merger to close on or about Aug. 8. In the deal, the two companies agreed …

CARY, N.C.-TowerCo Inc., a wireless tower owner, announced it has secured a $35 million senior credit facility from CapitalSource Finance L.L.C. and plans to use the three-year, cash flow-based loan to fund an aggressive growth spurt. The company said it …

Crown Castle International Corp. announced its second-quarter earnings, reporting a net loss of $227.5 million, which includes $198.5 million in losses caused by the early retirement of debt. Last year, the company reported a net loss of $50.8 million during …

BOCA RATON, Fla.-SBA Communications Corp. announced its second-quarter results Monday, reporting revenues of $63.2 million, a 12.2-percent increase from the second quarter of 2004 when the company reported revenues of $56.3 million. However, the firm reported a net loss of …

NEW YORK-Two of the nation’s largest tower operators posted second-quarter losses despite increasing revenues as they continued to move toward a pending merger. SpectraSite Inc. reported a net loss of $1.4 million, or 3 cents per share, during the quarter, …

Kristen Beckman Following are ratings changes and other financial information for wireless companies announced this week by investment banking and financial firms. CIBC raised its estimates on Powerwave Technologies Inc. following the company’s strong second-quarter report. CIBC said it expects …

Two of the nation’s largest tower operators posted second-quarter losses despite increasing revenues as they continued to move toward a pending merger. SpectraSite Inc. reported a net loss of $1.4 million, or 3 cents per share, during the quarter, compared …

PORTLAND, Ore.-Legacy Wireless Towers L.L.C., a subsidiary of Legacy Wireless Services Inc., said it acquired seven existing tower sites in the Portland, Ore., metropolitan market. The seven existing tower sites were selected from a portfolio of towers offered by a …

BOSTON-American Tower Corp. announced it has completed its previously announced redemption of $75 million principal amount of its 9.375-percent senior notes due 2009. The company redeemed the notes pursuant to their terms at 104.688-percent of the principal amount plus unpaid …

PORTLAND, Ore.-Legacy Wireless Towers L.L.C., a subsidiary of Legacy Wireless Services Inc., said it acquired seven existing tower sites in the Portland, Ore., metropolitan market. The seven existing tower sites were selected from a portfolio of towers offered by a …