Towers

Crown Castle International Corp. announced it plans to acquire 467 towers from TrinTel Communications Inc., based in Irving, Texas, for about $145 million in cash. The acquisition of the towers is expected to close on or about Aug. 1. TrinTel’s …

GOLDEN, Colo.-RCR Wireless News is pleased to announce it has hired Joni Morse as a reporter covering the wireless infrastructure beat, including the tower industry. Morse comes to the publication with more than 10 years experience in communications and telecom …

Following is a list of wireless companies that were cited in financial reports from investment banking and financial services firms this week. Pacific Growth Equities upgraded its rating on RF Micro Devices from equal weight to overweight on expectations of …

HOUSTON-Crown Castle International Corp. announced it has entered into an agreement to acquire 467 towers from TrinTel Communications, Inc., based in Irving, Texas, for about $145 million in cash. The acquisition of the towers is expected to close on or …

Following are ratings changes and financial information on wireless companies from financial services and investment banking firms announced this week. Nortel, AAT, UTStarcom, Alvarion, Intrado and others mentioned. Standard & Poor’s Ratings Services raised its corporate credit rating on tower …

Regional wireless operator Dobson Communications Corp. reported that its subsidiaries Dobson Cellular Systems Inc. and American Cellular Corp. completed the sale of 507 cellular towers to Global Tower Partners for $77 million. Dobson Cellular received $46.1 million for 323 towers, …

AT&T Corp. is reportedly set to begin testing a wireless broadband network in the Atlanta area using an early version of WIMAX technology. AT&T, which is in the process of being acquired by SBC Communications Inc., will use four towers …

American Tower Corp. announced a call for redemption of $75 million principal amount of its 9.375-percent senior notes due 2009. The redemption date is set for July 21. The notes will be redeemed at a price equal to 104.688 percent …

BOSTON-American Tower Corp. announced a call for redemption of $75 million principal amount of its 9.375-percent senior notes due 2009. The redemption date is set for July 21. The notes will be redeemed at a price equal to 104.688 percent …

WASHINGTON-The lawyer for a former cell-phone programmer in California said a settlement totaling $180,000 was reached on a worker’s compensation claim that alleged Sharesa Price’s brain cancer was caused by her workplace. Price joined Advance Communications Systems-a small Northern California …

Boston Communications Group Inc. said it will contest a class-action suit brought by some shareholders in the wake of last month’s $128 million patent-infringement verdict. The new suit seeks unspecified damages against the wireless network access management and back-end services …

The following wireless companies had ratings changes or information notes from financial services and investment banking firms this week. Robert W. Baird made several changes within its telecom coverage universe following the Supercomm show this week in Chicago. In general, …

HOUSTON-Crown Castle International Corp. completed the sale of its previously announced offering of $1.9 billion of senior secured tower revenue notes, series 2005-1, in a private transaction. The notes include five investment-grade classes with a weighted average interest rate of …

SARASOTA, Fla.-Global Signal Inc. filed a shelf registration statement with the Securities and Exchange Commission that calls for the company to sell up to $1 billion in debt securities, common stock, preferred stock, depositary shares or warrants. A shelf registration …

BellSouth Corp. is not letting its minority stake in wireless operator Cingular Wireless L.L.C. deter its own wireless efforts as the regional telecommunications provider announced a pair of wireless initiatives. BellSouth said it plans to deploy a wide area wireless …

SAN DIEGO-Qualcomm Inc. offered industry an early look at its MediaFLO mobile TV technology in conjunction with its BREW developer’s conference here. The demonstration showed MediaFLO can transmit streaming video, but also revealed the technology isn’t as polished as rival …

BOCA RATON, Fla.-Global Towers Partners said it has signed a definitive agreement to acquire 51 towers from Jesta Towers, a regional developer and wireless facilities owner with a focus on the Gulf Coast region. Terms of the acquisition were not …

SARASOTA, Fla.-Global Signal Inc. said it has closed its transaction with Sprint Corp. under which it obtained the exclusive right to lease or operate 6,600 of Sprint’s communications towers for 32 years. Global Signal will take over all existing collocation …

HOUSTON-Crown Castle International Corp. said it priced $1.9 billion of senior secured tower revenue notes, series 2005-1, which will be issued by its indirect subsidiaries in a private transaction. Net proceeds from the offer will be used to fund the …

Global Towers Partners said it has signed a definitive agreement to acquire 51 towers from Jesta Towers, a regional developer and wireless facilities owner with a focus on the Gulf Coast region. Terms of the acquisition were not disclosed because …

Following is a list of debt and financial ratings changes for wireless companies announced this week by financial firms. Merrill Lynch upgraded its view of the overall technology market from underweight to market weight, saying the firm’s recent changes on …

HOUSTON-Crown Castle International Corp. said some of its indirect subsidiaries plan to offer up to $1.9 billion of senior secured tower revenue notes, series 2005-1, in a private transaction. The subsidiaries will be special purpose entities that will hold substantially …

DALLAS-I can see Homer Simpson peering out of the phone in Martyn Gregory’s hand. The animated “Simpsons” TV star is trying desperately to jump off a burning oil tower and into a hovering helicopter. I see Homer’s wife Marge waving …

WASHINGTON-The Rural Cellular Association told the FCC’s Wireless Telecommunications Bureau last week that the Federal Communications Commission in a recent report to Congress underestimated and poorly reflected the efforts of Tier III wireless carriers to implement wireless enhanced 911 Phase …

Following is a roundup of wireless companies that received ratings changes from financial services companies this week. JP Morgan lowered its rating on SpectraLink from neutral to underweight. The firm cited weak first-quarter results and second-quarter guidance along with three …