SAN FRANCISCO-Sprint PCS may be near selling its tower business to Global Signal Inc. for $1.2 billion, according to press speculations.The deal, which entails up to 6,500 towers, is expected to be announced today.Global Signal has been one of the top contenders for the...
Although only two teams will line up on the field Sunday for the grand culmination of the professional football season, multiple players will participate in Super Bowl XXXIX in one wireless capacity or another.Verizon Wireless upgraded cell sites and installed a pair of cell...
BEDMINSTER, N.J.-Verizon Wireless said it has upgraded cell sites and installed a pair of cell sites on wheels near Jacksonville, Fla.'s Alltel Stadium ahead of this weekend's Super Bowl, which is expected to attract more than 73,000 people to the event.The carrier noted that...
WASHINGTON-As expected, CTIA has told a federal appeals court it wants it to throw out the nationwide programmatic agreement recently entered into by the Federal Communications Commission, the federal Advisory Council on Historic Preservation and the National Conference of State Historic Preservation Officers."CTIA challenges...
ORLAND PARK, Ill.-Andrew Corp. said it had a robust first quarter with a 15-percent sales increase. It had $474.1 million in sales compared with $410.8 million in the year-ago period.Its net income was $14.6 million, or 9 cents per share, as against the year-ago...
WASHINGTON-Homeland security-as an overarching national policy and an omnipresent mindset created in the aftermath of the Sept. 11, 2001, terrorist attacks-has been a mixed blessing for a wireless industry which already had a good thing going generating hundreds of billions of dollars annually from...
WASHINGTON-Several Supreme Court justices appeared not to buy arguments that municipalities are liable for attorneys' fees and damages when they lose antenna-siting court cases. The case has huge monetary and indirect policy implications, but it will not settle the divisive federal-state issue of antenna-siting...
Sprint PCS tower assets are creating industry buzz again as the carrier affirmed it is talking with potential buyers. With its 6,200 towers up for sale, Sprint seems poised to get enough money to fund its merger with Nextel Communications Inc. and other technology...
WASHINGTON-Several Supreme Court justices today appeared not to buy arguments that municipalities are liable for attorneys' fees and damages when they lose antenna-siting court cases.The case has huge monetary and indirect policy implications, but it will not settle the divisive federal-state issue of antenna-siting...
WASHINGTON-A U.K. health group said there is no solid evidence mobile phones pose health risks, but recommended cell-phone use by children and others be minimized and urged the public to take a precautionary approach to wireless calling as additional research is conducted to clarify...
WASHINGTON-The U.S. Supreme Court Wednesday is expected to hear oral argument as it decides whether a city has to pay attorney fees if it loses a tower-siting case. Mark Abrams, an SMR operator, wanted to use a 54-foot antenna on his property for commercial...
NEW YORK-Standard & Poor's Ratings Services placed its ratings on American Tower Corp. on CreditWatch with positive implications. S&P said American Tower, which has a B- corporate credit rating, had $3.2 billion of total debt outstanding at the end of September 2004."The CreditWatch listing...
WASHINGTON-A U.K. health group today said there is no solid evidence mobile phones pose health risks, but recommended cell-phone use by children and others be minimized and urged the public to take a precautionary approach to wireless calling as additional research is conducted to...
WASHINGTON-The Federal Communications Commission said it improved its Tower Construction Notification System and set up an e-mail account for other contacts with Native American tribes.The Tower Construction Notification System (TCNS) is an interactive, log-in and password-protected system that depends on information voluntarily provided by...
Even as it begins serious deployments of third-generation technologies, the wireless industry is hedging its bets on next-generation technology. Since W-CDMA and CDMA2000 someday may reach their tethers, some industry players are eyeing orthogonal frequency division multiplexing -OFDM-as the next big technology.Major vendors say...
With carriers focusing on network efficiency, tower companies are not expected to yield any immediate benefits from the anticipated merger between Sprint PCS and Nextel Communications Inc., according to analysts. In a few years, however, SpectraSite Inc. may reap some financial gains if and...
Global Signal Inc. said its board of directors has increased its cash dividend for the fourth quarter to 40 cents per share of common stock from 37 cents in the third quarter of 2004. The dividend is payable Jan. 20. The tower player owns...
SARASOTA, Fla.-Global Signal Inc. said its board of directors has increased its cash dividend for the fourth quarter to 40 cents per share of common stock from 37 cents in the third quarter of 2004.The dividend is payable Jan. 20.The tower player owns or...
Nortel Networks Ltd. has set Jan. 10, 2005, as the date it will file the unaudited statements for 2003 as well as the first and second quarters of 2004. The wireless vendor also said it plans to update the world on results for 2001,...
BOSTON-American Tower Corp. said it closed the sale of its 7.125-percent senior notes due 2012 for a total of $200 million principal amount of notes.Net proceeds to the company from the sale are about $199.8 million. American Tower said it will use the proceeds...
The world's two most popular consumer electronics devices may soon be combined into one-the mobile TV phone. Behold. Although one is designed for sedentary, passive entertainment and the other for portable, two-way interactions, technology companies the world over are scurrying to build devices that...
NEW YORK-The stakes for Sprint Corp.'s 6,500 cell-phone towers rose as at least four bidders have offered proposals to buy them in an auction that could bring in as much as $1.2 billion, according to a report in The Wall Street Journal. Liberty Media...
The stakes for Sprint Corp.'s 6,500 cell-phone towers rose as at least four bidders have offered proposals to buy them in an auction that could bring in as much as $1.2 billion, according to a report in The Wall Street Journal.Liberty Media Corp. and...
Sprint PCS affiliate iPCS Inc. closed on the sale and leaseback of 51 towers as part of an agreement reached in September to sell up to 92 towers to TCP Communications L.L.C. The carrier, which serves more than 240,500 customers in 40 markets scattered...
