KANSAS CITY, Mo.-Sprint PCS affiliate iPCS Inc. closed on the sale and leaseback of 51 towers late last week 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...
WASHINGTON-Voters across the country had a decidedly mixed view about whether their telecom bills should increase to upgrade their local 911 systems. The most-watched vote was the rejection in California of a 3-percent increase for emergency services."Wireless consumers have said enough is enough. Consumers...
Crown Castle International Corp. said it purchased Verizon Wireless' 37.3-percent interest in their Crown Atlantic Joint Venture for $295 million, including $15 million of net working capital. The venture included 2,019 towers and has $180 million outstanding under its senior credit facility. Following the...
Crown Castle International Corp. said it purchased Verizon Wireless' 37.3-percent interest in their Crown Atlantic Joint Venture for $295 million, inclusive of approximately $15 million of net working capital. The venture included 2,019 towers and has $180 million outstanding under its senior credit facility.Following...
WASHINGTON-Voters across the country had a decidedly mixed view about whether their telecommunications bills should increase to upgrade their local 911 systems.The most-watched vote was the rejection in California of a 3-percent increase for emergency services."Wireless consumers have said enough is enough. Consumers sent...
SpectraSite Inc. continues to ride a wave of positive momentum following its emergence from Chapter-11 bankruptcy protection earlier this year.The company followed an improved second quarter with further improvements in both revenues and net income during the third quarter ended Sept. 30. SpectraSite said...
Nokia Corp. and U.S. tower firm Crown Castle International Corp. have partnered to bring video services to U.S. mobile users, the companies said Tuesday. In October, the team launched digital video broadcast for handsets (DVB-H) trials in Pittsburgh, transmitting television-type content to mobile devices....
The history of Broadcast Towers Inc., a modestly sized tower services company, offers an account of the tower industry's past and suggests a different path the the future. Ben Gaboury, Ron Lipham and Michael Kerwick have more in common than sitting at the helm...
Wireless tower owners continue to gain steam, as reflected in third-quarter financial results released last week by Crown Castle International Corp., Global Signal Inc., American Tower Corp. and SBA Communications Corp. Crown Castle's solid third-quarter earnings included site-rental revenues that reached $134 million, up...
WASHINGTON-The Cellular Telecommunications & Internet Association's board of directors Wednesday voted to appeal rules recently adopted by the Federal Communications Commission meant to streamline tower sitings in historic areas. "The CTIA Board of Directors believes the regulating of commercial mobile radio services and other...
BOCA RATON, Fla.-SBA Communications Corp. wrapped up this week's round of earnings results from wireless tower companies. The company said it garnered total revenues of $58.7 million, up from $47.6 million a year ago. Of that, site-leasing revenues made up $37 million and site-development...
WASHINGTON-The Federal Communications Commission and the United South and Eastern Tribes have agreed to a set of voluntary best practices for siting towers on lands of cultural significance to some Native American Tribes.USET represents 24 tribes from Maine to Florida to Texas. The FCC...
American Tower Corp. and Global Signal Inc. continued the wave of solid third-quarter 2004 financial results from wireless tower companies. American Tower reported total revenues of $199.2 million and income from operations of $24.6 million, increased from $186.9 million and $12 million, respectively, a...
Crown Castle International Corp. posted solid third-quarter earnings results this week.Site rental revenues reached $134 million, up 11.6 percent from a year ago. U.S. site rental revenue alone made up $125.3 million of that, up 10.5 percent from the same period in 2003.Operating income...
Sprint North Supply's broadly focused offerings, bolstered by the strong reputation of its well-known parent, have brought the organization good graces in the wireless industry among both potential partners and customers. The company functions as a supply chain integrator within Sprint Corp.'s network infrastructure...
WASHINGTON-An 11th-hour effort to pass the wireless enhanced 911 funding bill was struggling against a senatorial objection that stopped the frenetic activity to get the bill passed. Still, supporters remained hopeful the bill would be considered before Congress leaves town for the election. The...
WASHINGTON and DALLAS-Even as several entities signed a nationwide agreement meant to streamline tower sitings, tribal lands are exempt from the rules, thus leading some critics to say the pact isn't streamlined enough. The Federal Communications Commission, the Advisory Council on Historic Preservation and...
Sprint Corp. Chairman and Chief Executive Officer Gary Forsee said last week that the company's highly anticipated sale of its more than 6,200 wireless towers could be completed by the end of this year, and that the company was moving aggressively on its deployment...
WASHINGTON-Carriers that chose the handset solution to comply with the Federal Communications Commission's wireless enhanced 911 Phase II rules may not be required to have complete deployment by the end of next year if an 11th-hour effort to pass a 911 funding bill includes...
Sprint Corp. Chairman and Chief Executive Officer Gary Forsee said the company's highly anticipated sale of its more than 6,200 wireless towers could be completed by the end of this year and that the company is moving aggressively on its deployment of high-speed wireless...
WASHINGTON-The process of streamlining tower sitings on historic land saw several developments this week.The Federal Communications Commission, the Advisory Council on Historic Preservation and the National Conference of State Historic Preservation Officers Monday signed the Nationwide Programmatic Agreement meant to streamline tower sitings, and...
SARASOTA, Fla.—Global Signal Inc. said it will purchase all of the equity of GoldenState Towers L.L.C. for up to $63.1 million, in a transaction excepted to close in the fourth quarter. GoldenState is a portfolio company of VS&A Communications Partners III L.P., a private...
RICHMOND, Va.—The mobile-phone industry last week appeared to dodge another legal challenge to government radiation limits for handsets and towers, but found itself looking at the possibility of seeing headset litigation resurrected. A federal appeals court judge Friday cast doubt on whether U.S. District...
The U.S. Supreme Court has agreed to hear a case from California involving whether a city has to pay attorney fees if it loses a tower siting case. "With the unprecedented number of cellular antennas sprouting up in our communities, the decision that the...
