Pinnacle

SARASOTA, Fla.—Pinnacle Holdings Inc. settled with the Securities and Exchange Commission relating to Pinnacle’s accounting for an August 1999 acquisition of certain Motorola Inc. assets. Pinnacle consented, without admitting or …

SARASOTA, Fla.—Pinnacle Holdings Inc. closed on the sale of two of its colocation properties located in the central business district of St. Louis, Mo., generating $22 million that will primarily …

Pinnacle Holdings Inc. painted a grim picture during its third-quarter earnings call last week, as executives tried to offer some hope that the company is going to survive even though …

SARASOTA, Fla.-Pinnacle Holdings Inc. reported revenues for the third quarter ended Sept. 30 of $46.5 million, just slightly more than the $45.3 million the company reported in revenues for the …

SAN JUAN CAPISTRANO, Calif.—Shorecliff Communications and RCR Wireless News announced the finalists for the 2001 Excellence in Business Awards, scheduled to take place Oct. 30 at the 2001 Tower Summit …

NEW YORK-Lenders anted up significant capital during the first quarter for the five publicly traded wireless tower companies, even as their share prices declined amid the stock market’s general concerns …

NEW YORK-Standard & Poor’s placed its “B+” corporate credit and “B” senior unsecured debt ratings on Pinnacle Holdings Inc. along with the company on CreditWatch with negative implications. The CreditWatch …

WASHINGTON-As the Occupational Safety and Health Administration prepares to launch a new tower safety program aimed at curbing increased injuries and fatalities that have accompanied phenomenal wireless growth during the …

NEW YORK-In this year’s RCR Wireless News Major Players Vendors listing, Nokia Corp. and Ericsson Inc. each moved up a notch, rising to first and second place respectively among equipment …

Tri-County Communications Systems sold an unspecified number of its telecommunications towers in northern New York state to Pinnacle Holdings Inc., said David Abraham & Co., which represented the seller. Details …

SARASOTA, Fla.-Pinnacle Holdings Inc. said the Securities and Exchange Commission unintentionally made public its investigation of Pinnacle’s independent public accounting firm, PriceWaterhouseCoopers L.L.P., regarding certain related accounting issues, and consequently …

NEW YORK-A 6-percent average summer dip in the price of shares in American Tower Corp., Crown Castle International, Pinnacle Towers Inc., SBA Communications and SpectraSite Communications also reflected “a shift …

SAN JUAN CAPISTRANO, Calif.-Shorecliff Communications Inc. announced the finalists for the Tower and Site Development Industry’s Annual Excellence in Business Awards, to be given out at a dinner and ceremony …

BELLEVUE, Wash.-Pinnacle Towers Inc. signed an agreement with Advanced Radio Telecom Corp., giving ART access to approximately 480 buildings in Dallas, New York, Los Angeles, San Francisco and Washington, D.C. …

Pinnacle Holdings reversed itself last week on an announcement it made earlier this month that it planned to pursue opportunities in the colocation facility business. Long a renter of space …

SARASOTA, Fla.-Citing unfavorable market conditions, Pinnacle Holdings Inc., a provider of communication site rental space, said it intends to postpone its recently announced public offering of common stock. The company …

SARASOTA, Fla.-Pinnacle Holdings Inc. entered an agreement to acquire a collocation facility in Dallas for $136 million, the company said. The Univision Center Building houses numerous large anchor telecom tenants …

LAS VEGAS-The Motorola Inc. dealer meeting last week featured the infamously hot-tempered Mike Ditka, former coach of the Chicago Bears and New Orleans Saints, and now a football commentator for …

The Federal Communications Commission proposed auction licensing and service rules for the 4.9 GHz band. The agency proposed to allocate the band for fixed and mobile services on a primary …

MCLEAN, Va.-LCC International Inc. has completed the first closing of a previously announced tower sale with Pinnacle Holdings Inc. The close included 134 of the 197 towers sold by LCC …

With 3,600 owned or managed towers in its inventory, Pinnacle Holdings Inc. ranks among the largest tower companies in the industry, but the way it built its portfolio differs from …

Following is a summary of the finalists for the tower industry Excellence in Business Awards sponsored by RCR and Shorecliff Communications Inc. Winners will be announced at the 1999 Tower …

SARASOTA, Fla.-Pinnacle Holdings Inc. said it has entered agreements to acquire 552 communications sites in 20 separate transactions for a total purchase price of $50 million. The transactions include about …

NEW YORK-As the Internet accelerates the globalization of telecommunications, mergers and acquisitions among traditional and nontraditional players have eclipsed initial public offerings as the preferred strategy for retaining competitive advantage. …

NEW YORK-Happy days are here again for Motorola Inc., Schaumburg, Ill., which announced second-quarter earnings late July 13 of $273 million, or 44 cents per share. The gains are three …