Towers

SpectraSite Inc. said it has purchased 191 wireless communications towers from affiliates of SBC Communications for $50 million in the final closing in its commitment to acquire SBC’s leasehold and sub-leasehold interests. In all, SpectraSite purchased 319 SBC towers for …

BOSTON-American Tower Corp. said it will sell $300 million in aggregate principal amount of its 3-percent convertible notes due Aug. 15, 2012, through an institutional private placement. The initial purchaser also has a 30-day option to purchase up to an …

In releasing its second-quarter financial results, American Tower Corp., the largest U.S. wireless tower company, maintained good favor with analysts who indicated its overall efforts to reduce its risk profile by streamlining debt and being selective about adding assets to …

Change has been afoot in the wireless tower industry. In the past 18 months, two of the industry’s five public players have gone through bankruptcy and returned, businesses have been divested and restructured, and stock valuations have fallen and risen …

Four of the five publicly traded wireless communications tower firms reinforced notions that this year would be a better one for the sector in their second-quarter 2004 financial results, released last week. In addition to its improved second-quarter results, SpectraSite …

The launch of converged mobile devices, capable of communicating over both Wi-Fi and cellular technologies, suggests Wi-Fi, long hailed by start-up companies and tech-savvy consumers, may be gaining credibility among the big names in wireless. The launch of such integrated …

Global Signal Inc. will acquire 235 wireless communications towers from private tower venture Lattice Communications L.L.C. for $115 million. The towers are primarily located in Indiana, Ohio, Alabama, Kansas and Georgia. The towers’ tenants include the top six wireless carriers …

Two tower companies, SpectraSite Inc. and Crown Castle International Corp., reported improved quarterly financials. SpectraSite reported improved second-quarter financial results and announced the search is on for a new chief financial officer. The company said revenues reached $87.4 million, up …

The end of the year came early for AT&T Wireless Services Inc. as the carrier made good on its often-repeated plans to offer high-speed wireless data services before the calendar turned over as it launched what it termed commercial UMTS …

Sprint Corp.’s often-rumored plans to sell its significant tower holdings could be getting closer to a reality as the company reported during its second-quarter conference call that it was exploring strategic initiatives for its approximately 6,300 cellular towers. Analysts estimate …

Sprint Corp.’s often rumored plans to sell off its significant tower holdings could be getting closer to a reality as the company reported during its second-quarter conference call that it is exploring strategic initiatives for its approximately 6,300 cellular towers …

ST. LOUIS-AAT Communications Corp. has closed on a new $325 million senior credit facility, which it plans to use to repay debt, increase its cash balance and to fund new acquisitions and tower development. The credit facility includes a $200 …

NTT DoCoMo Inc. announced it is developing the N900iL, a dual-network handset that runs on the third-generation FOMA network and internal corporate wireless local area networks. The solution targets corporate users and will be marketed though DoCoMo’s corporate business division …

BECKLEY, W.V.-Pegasus Tower Co. Ltd. has acquired three wireless communications sites from New York-based A.P. Cell Towers, a division of Apollo Real Estate Advisors. The towers, located in West Virginia’s Raleigh and Mercer counties, will provide coverage on the I-77 …

Wireless gaming publisher Jamdat Mobile Inc. filed a registration statement with the Securities and Exchange Commission for a proposed public offering of common stock. The company, which has agreements to distribute its application in 38 countries through 72 wireless carriers, …

BECKLEY, W.V.-Pegasus Tower Co. Ltd. has acquired three wireless communications sites from New York-based A.P. Cell Towers, a division of Apollo Real Estate Advisors. The towers, located in West Virginia’s Raleigh and Mercer Counties, will provide coverage on the I-77 …

Freud is looking down on us, smiling at how the most powerful, the most-manly city on earth has learned to cope with the stress of war and peace and scandal. Official Washington has never had a problem ripping the throats …

STOCKHOLD, Sweden-A handful of wireless operators lodged a joint application with Sweden’s National Post and Telecom Agency that calls for altered license terms for third-generation network construction that would allow for lower signal strength and a resulting reduction in the …

Crown Castle International Corp. last week confirmed it is selling its U.K. business, including 3,600 tower sites, to British utility company National Grid Transco plc for $2.035 billion cash. “The price fully values the U.K. business plan,” said Ben Moreland, …

SARASOTA, Fla.-Global Signal Inc. announced it has completed the acquisition of Tower Ventures III L.L.C. for $52 million in cash, plus fees and expenses. The 97 wireless communications towers are concentrated in Tennessee, Mississippi, Missouri and Arkansas. In all, Global …

AeroSolutions L.L.C. has found its niche in the oft-neglected wireless tower infrastructure industry. The company said it is being discovered by bigger players that increasingly rely on its expertise to forge their own successes in the wireless business. Steel tower …

A regional wireless industry association could be coming to a neighborhood near you. A movement is afoot in the wireless industry, and the tower sector, hungry to learn the intricacies of the industry from the experts, is leading the charge. …

Wireless tower owner Global Signal Inc., formerly known as Pinnacle Holdings, has returned to the public market with an initial public offering of 7 million shares of common stock priced at $18 per share. Shares of Global Signal, under the …

Wireless tower owner Global Signal Inc., formerly Pinnacle Holdings, has returned to the public market with an initial public offering of 7 million shares of common stock priced at $18 per share. Shares of Global Signal, under the symbol GSL, …

Rural wireless provider Cellular South said it has added more than 100 cell sites since last September as part of the planned expansion of its CDMA2000 1x-based network, which is an overlay of its legacy TDMA network. The carrier noted …