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PCIA 2013: Tower execs bullish on growth, differ on details

HOLLYWOOD, Fla. – To the surprise of few, leaders from the nation’s largest tower owners remain upbeat regarding the future of their market, citing the continued need for wireless carriers to feed the growing appetite for mobile data services. Speaking during the annual “View...

AT&T (again) reported to be looking at tower sale

AT&T looks to be the latest domestic operator attempting to raise some quick cash by selling off its tower assets. According to a Bloomberg report, the telecommunications giant is looking to unload between 10,000 and 11,000 towers for around $5 billion. This is not the...

Crown Castle looks for 2014 REIT move

Crown Castle International surprised some analysts by announcing this morning plans to qualify as a Real Estate Investment Trust by Jan. 1, 2014. "We are delighted to announce this plan for conversion because we believe REIT status is the optimal structure for our business given...

American Tower to acquire Global Tower for $4.8B

Consolidation is set to strike the tower space as American Tower announced this morning plans to acquire smaller rival Global Tower Partners’ parent company Macquarie Infrastructure Partners Tower Holdings for approximately $4.8 billion. The deal, if approved by regulators, would add around 5,400 domestic...

Global Tower Partners adds more railroad rights of way

Global Tower Partners (GTP) says it now has the nation's largest aggregation of railroad rights of way available for tower development and leasing. Today the company announced that it has partnered with Regional Rail LLC, OmniTRAX, Patriot Rail Corp., and Morristown & Erie Railway...

Global Tower signs management deal for 41 cell sites

Global Tower Partners said it has signed an agreement with Brookfield Real Estate Opportunity Fund to manage and lease 41 properties to wireless carriers as prospective co-location sites. As part of the agreement, GTP has secured 4.5 million square feet of distributed antenna system rights...

Global Tower Partners purchases 250 towers from Centennial Towers in Costa Rica

Global Tower Partners, a U.S.-based provider of outsourced antenna site facilities, announced the purchase of 250 towers from Centennial Towers CR, SRL. The towers were constructed and are currently occupied by the major wireless telecommunications operators in Costa Rica. GTP also acquired a significant...

Global Tower Partners buys 37 towers around Las Vegas

Global Tower Partners picked up 37 telecommunications towers from NV Energy. The towers are located on NVE substation properties in and around Las Vegas, Nev. Details of the purchased were not disclosed.The sale comes shortly after GTP secured $815 million in new...

Global Tower Partners closes $815M total in new financing

Exactly one week after closing $645 million in financing, Global Tower Partners has secured an additional $170 million through a five-year, revolving loan. The Boca Raton, Fla.-based company owns 13,000 tower sites in the United States, making it the fourth largest tower management company...

RCR Wireless News MBB Philadelphia: Carrier consolidation shifts investment strategy, VC panel says

PHILADELPHIA – Timing, scale and the long-term sustainability of a business and business model are key factors to betting right in the mobile broadband business, panelists agreed at RCR Wireless News' Global Mobile Broadband Tour and Conference Philadelphia. And it's good to own spectrum...

RCR Wireless News global tour set for next week in Philadelphia

RCR Wireless News’ visit to Philadelphia is set to begin next week, bringing with it a one-day conference scheduled for June 8 as well as a visit to the city to get an update on its municipal Wi-Fi project. The RCR Wireless News Mobile...

Global Tower Partners signs rooftop and in-building management deal for 156 locations

Global Tower Partners said it has signed a definitive agreement with Arden Realty Inc. to market and lease rooftop and in-building access to wireless telecommunications carriers at 156 properties concentrated in the Los Angeles and Chicago markets. Financial details of the agreement were not...

Leap's debt offer could speed up LTE deployment plans

In an attempt to help fund its LTE network deployment plans, Leap Wireless International Inc. (LEAP) said its Cricket Communications Inc. subsidiary plans to offer $400 million in 7.75% senior notes dues in 2020 to qualified institutional buyers “subject to market and other conditions.”...

Leap’s debt offer could speed up LTE deployment plans

In an attempt to help fund its LTE network deployment plans, Leap Wireless International Inc. (LEAP) said its Cricket Communications Inc. subsidiary plans to offer $400 million in 7.75% senior notes dues in 2020 to qualified institutional buyers “subject to market and other conditions.”...

RCR Wireless News global tour set for Philadelphia: Tour stop set for week of June 6, conference June 8

Looking for a little brotherly love, RCR Wireless News is hitting the streets of Philadelphia the week of June 6, as part of our global tour. As with every stop on our global tour, conference series and news desk, our team will engage the...

Leap continues to show stress from operational change

Leap Wireless International Inc. (LEAP), which operates its wireless business under the Cricket Communications Inc. brand, posted lumpy first quarter results as the carrier continues to manage changes in its operations. The carrier said it added 331,000 customers during the first quarter of the...

Global Tower Partners buys Cricket's towers

Global Tower Partners said it acquired 130 towers from Cricket Communications Inc. (LEAP) in a deal that closed earlier today. As is standard between independent tower owners and wireless operators, Cricket will remain a tenant on the towers."We have had a long standing...

Global Tower Partners buys Cricket’s towers

Global Tower Partners said it acquired 130 towers from Cricket Communications Inc. (LEAP) in a deal that closed earlier today. As is standard between independent tower owners and wireless operators, Cricket will remain a tenant on the towers."We have had a long standing...

Top 10 Tower Companies

Editor's Note: Following is the listing of the top 10 tower companies in the United States, along with a list of “honorable mentions” of companies that more than likely fall in the top 20 tower companies. A continuing trend in the tower industry is...

St. Charles Tower wins LightSquared contract in Las Vegas

St. Louis-based St. Charles Tower is a small tower company that got a big win from LightSquared, as the operator inked its first leasing deal, for six of St. Charles' towers in Las Vegas and Phoenix as it builds out its hybrid LTE-satellite network....

@ PCIA: 4G networks will be macro, micro, DAS and more : Tower firms think of network holistically

HOLLYWOOD, Fla.—Distributed antenna systems, rooftop antennas and macrocellular towers will be key building blocks when deploying next-generation wireless networks. As such, today’s infrastructure providers are offering a wider array of tools to help build out these networks.Top tower company CEOs speaking to RCR Wireless...

@PCIA: Tower firms, analysts talk growth, consolidation and REIT possibilities

HOLLYWOOD, Fla.—The nation's top tower companies proved they could access the capital markets in a number of ways last year, after facing tight cap markets at the end of 2008. They also showed they could de-leverage quickly when called upon. Now they want the...

Global Tower Partners purchases Pine Cellular tower assets

Global Tower Partners picked up 32 towers from Pine Belt Cellular Inc., a telecommunications provider offering service in west central Alabama. The companies did not disclose the purchase price. Pine Belt will continue to be a tenant on the towers.This acquisition is the latest...

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