Global Signal

SARASOTA, Fla.-Like other major tower operators, Global Signal Inc. said it plans to release its fourth-quarter and year-end 2004 financial results March 10. The decision followed a letter from the Securities and Exchange Commission calling for a change in lease …

SAROSTA, Fla.-Like other major tower operators, Global Signal Inc. said it plans to release its fourth-quarter and year-end 2004 financial results March 10. The decision followed a letter from the Securities and Exchange Commission calling for a change in lease …

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 …

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 …

In a move that drove up its shares 6 cents following the announcement, Global Signal Inc. said it plans to sell 2.9 million common shares. The company intends to acquire 233 communication sites in 13 states, such as Alabama, Michigan …

SARASOTA, Fla.-In a move that drove up its shares 6 cents, Global Signal Inc. said it plans to sell 2.9 million common shares. The company intends to acquire 233 communication sites in 13 states, such as Alabama, Michigan and New …

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 …

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. …

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 …

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 …

SARASOTA, Fla.-Global Signal Inc. said it has issued a debt offering backed by a mortgage loan of about $293.8 million for a five-year period. The loan, which is issued in various classes of certificates, will close Dec. 7. The weighted …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

CARY, N.C.-TowerCo Inc. announced it has begun operations at its Cary, N.C., headquarters and a southeast region office in Richmond, Va., on a commitment of up to $50 million in equity financing from Tailwind Capital Partners L.L.C. “Our plan is …

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 …

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 …

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 …

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, …