SMB Forum March 15-16 The Yankee Group. San Francisco. www.yankeegroup.comInventory Management March 17-18 TeleStrategies. Washington, D.C. www.telestrategies.comCeBIT 2004 March 18-24 Hannover Fairs USA Inc. Hannover, Germany. (609) 987-1202 ext. 211. www.hfusa.com/cebitCTIA Wireless 2004 March 22-24 CTIA. Atlanta. www.ctiashow.comMobile Entertainment Summit March 21...
When Monet Mobile Networks Inc. launched service in November 2002, many in the industry believed that the promise of advanced wireless data technology had finally become a reality-which is why the carrier's bankruptcy filing came as such a surprise."Personally, I'm very, very sorry to...
Wireless communication tower owners American Tower Corp., Crown Castle International Corp. and SpectraSite Inc. spoke at last week's Raymond James & Associates Inc. Institutional Investors Conference, where all three companies expressed optimism for strong tower lease-ups in 2004. American Tower said it expects industry...
OVERLAND PARK, Kansas-Rumors that Sprint PCS might sell its 6,000 wireless communications towers to reduce debt are again circulating, according to a report from Bloomberg. The Bloomberg report said Sprint has hired Citigroup Inc. and Bank of America Corp. to advise on the possible...
CARY, N.C.-SpectraSite Communications Inc. announced it has completed the sale of its broadcast services division to Doty, Moore & Hoenninger L.L.C., an investment vehicle owned by members of the broadcast group's existing management team."The sale of our broadcast services division represents the final step...
BOCA RATON, Fla.-SBA Communications Corp. rounded out the tower company fourth-quarter 2003 earnings with mixed results, released late Thursday.Total revenues stood at $57.6 million, compared with $57.4 million a year ago. Net loss was $51.2 million, or 95 cents per share, increased from a...
TOMBALL, Texas-Litfiber Inc. announced it has acquired a public company, enabling it to be listed on the Nasdaq OTC Market as LTBI.Litfiber believes its stock will open around $4 per share, following the closing of its first round of financing. The company also said...
BOSTON-American Tower Corp. has completed the redemption of $212.7 million principal amount of its 6.25 percent convertible notes due 2009. The company redeemed the notes at 102.1 percent of the principal amount, for a redemption price of $221.9 million, including $4.8 million in accrued...
American Tower Corp. and Crown Castle International Corp. released solid fourth-quarter 2003 financial results, as expected.American Tower's revenues totaled $191.5 million, up from $177.4 million for the fourth quarter of 2002. Net loss decreased to $51.2 million, or 23 cents per share, compared with...
NEW YORK-Tower stocks are slightly down in value despite strong earnings reports from American Tower Corp. and Crown Castle International Corp. earlier this week.Analysts from Raymond James & Associates Inc. point to Cingular Wireless L.L.C.'s suggestion yesterday that they would trim back on cell...
HOUSTON-Crown Castle International Corp. closely followed competitor American Tower in releasing its fourth-quarter 2003 results.Crown reported revenue for the fourth quarter of $214 million, up from $179.3 million during the same quarter in 2002. Revenue for the full year 2003 was $786.8 million, also...
BOSTON-American Tower Corp.'s fourth-quarter 2003 earnings reported today were in line with analyst expectations.The company said revenues totaled $191.5 million, up from $177.4 million for the fourth quarter 2002. Net loss decreased to $51.2 million, or 23 cents per share, compared with $52.4 million,...
TOMBALL, Texas-LitFiber announced it has secured approximately 200 radio towers and 200 rooftop sites in the United States and plans to begin building out three distinct nationwide wireless networks.One network will be dedicated to homeland security data and voice communications; another will be primarily...
As the battle for network supremacy rages on, wireless carriers are targeting places with minimal wireless coverage, including highly trafficked indoor spaces like airports, shopping malls, casinos, office buildings, healthcare facilities, government buildings, convention centers and public transportation systems. Carriers are still deciding how...
CARY, N.C.-SpectraSite Inc. recently released its fourth-quarter 2003 results, warning they are not necessarily comparable to the previous year's results since the company was reorganized in early 2003.The company said its total revenues were $81.6 million, compared with $74.9 million in the previous year's...
TOMBALL, Texas-LitFiber announced it has secured approximately 200 radio towers and 200 rooftop sites in the United States and plans to begin building out three distinct nationwide wireless networks.One network will be dedicated to homeland security data and voice communications; another will be primarily...
WASHINGTON-The Federal Communications Commission unveiled its Tower Construction Notification System to allow historic preservationists and tribal cultural authorities the ability to warn if a proposed tower could be problematic."By providing early notification of proposed tower construction, this new Tower Construction Notification System will increase...
Dear Editor,I'm disappointed you believe that our recent package of reports about the state of wireless phone service was not balanced, and that you believe we were quick to complain but not so quick to address the issue of tower siting. We disagree with...
WASHINGTON-The Federal Communications Commission unveiled its Tower Construction Notification System to allow historic preservationists and tribal cultural authorities the ability to warn if a proposed tower could be problematic."By providing early notification of proposed tower construction, this new Tower Construction Notification System will increase...
NEW YORK-Citing what it called modest improvements in the carrier's financial profile, Standard & Poor's Ratings Services raised its outlook on US Unwired Inc. from negative to developing and reaffirmed its `CCC-` corporate credit rating on the company.S&P noted the combination of a credit...
WASHINGTON-Representatives from the wireless industry and officials from the Federal Communications Commission were blindsided on Thursday by the Advisory Council on Historic Preservation, which said that two negotiated exclusions from the historic-preservation process, which the FCC hopes to include in rules in the coming...
NEW YORK-Citing what it called modest improvements in the carrier's financial profile, Standard & Poor's Ratings Services raised its outlook on US Unwired Inc. from negative to developing and reaffirmed its 'CCC-' corporate credit rating on the company.S&P noted the combination of a credit...
BOSTON-American Tower Corp. announced it has refinanced its $267 million Term Loan B under its credit facilities, with a new Term Loan C due Dec. 31, 2007. The company also amended its credit facilities to permit the issuance of its 7.5-percent senior notes due...
BOSTON-American Tower Corp. announced it will sell $225 million principal amount of 7.5-percent senior notes due 2012 through an institutional private placement. Net proceeds are expected to be approximately $221.7 million. The company plans to use the proceeds to redeem all its outstanding $212.7...
