Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss …
SBA Communications
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Alvarion Ltd. said its revenues dropped to $51.9 million during the first quarter, from $60.2 million during the same period last year. Net loss for the quarter was $4.9 million, or 8 cents per share, compared with a net loss …
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Ericsson reported it has entered into an agreement to purchase Nortel’s majority shareholding in LG-Nortel, renaming the venture LG-Ericsson. Terms of the deal were not released. Ericsson had previously acquired Nortel’s GSM assets in North America. Ericsson said the joint …
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Adtran Inc. reported first-quarter results, including a 15% increase in sales to $127 million from $110 million during the first quarter of 2009. Net income increased 20% to $18.2 million, or 29 cents per share, compared with net income of …
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Broadband plan good for carriers, equipment makers: But spectrum battle could loom
by Tracy Fordby Tracy FordWireless carriers and equipment companies should benefit from the Federal Communications Commission’s National Broadband Plan while smaller local exchange carriers and TV broadcasters may be vulnerable, according to consultants Global Medley Advisors L.L.C.However, the details of the plan – how …
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Capital Markets: Quarterly earnings roundup: American Tower, US Cellular and 15 more
by jscarboby jscarboAirvana Inc. reported fourth-quarter revenues of $47.7 million, down from revenues of $63.3 million for the fourth quarter of 2008. Net income for the quarter was $13.1 million, or 19 cents per share, compared with net income of $24.8 million, …
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The Infrastructure Ecosystem : The cornerstone for today's wireless communications networks
by Tracy Fordby Tracy FordEditor’s Note: This article originally appeared in RCR Wireless News’ January Special Edition Wireless Infrastructure: The Engine for Economic Recovery. Look for our March Special Edition, coming soon.Wireless networks are the cornerstone of the wireless industry. These capital-intensive investments are …
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Aruba Networks Inc. released financial results for its second fiscal quarter that ended Jan. 31. The company reported revenues of $62.7 million, up 31% from revenues of $47.7 million during the corresponding quarter last year. Net loss for the quarter …
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Alvarion Ltd. reported revenues of $60.2 million for the fourth quarter, down 14% from revenues of $70.1 million in the fourth quarter of 2008. Net loss for the quarter was $1.3 million, or 2 cents per share, compared with a …
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American Tower Corp. said it completed a previously announced exchange offer for its 4.625% senior notes due in 2015. The notes originally were issued in October 2009. The company received $594.2 million at that time and used the proceeds to …
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Mobixell Networks, which provides mobile multimedia and advertising solutions, acquired mobile Internet company 724 Solutions. The combined company will focus on rich media mobile Internet and messaging solutions for mobile operators.EMS Technologies Inc.Sky Connect divisions. The new business unit will …
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ExteNet closes on $128.4 million in financing: SBA's DAS assets included in round
by Tracy Fordby Tracy FordDistributed antenna solution provider ExteNet Systems Inc. has raised $128.4 million in equity funding in a deal that moves SBA Communications Corp.’s DAS assets to Lisle, Ill.-based ExteNet. The funding round includes the SBA assets, as well as contributions from …
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Adtran’s board of directors declared a cash dividend of 9 cents per common share for the fourth quarter of 2009. Brightpoint Inc. completed a stock repurchase of nearly 9.2 million shares from partner Escrow Holding A/S for $6.20 per share. …
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Distributed antenna systems are gaining traction as an alternative way for service providers to fill in coverage or add more capacity to the wireless network when macro cellsites are not an option, as well as a way for smaller carriers …
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NASHVILLE, Tenn. — The nation’s top tower company executives are optimistic on the outlook for their industry, in part because they survived late 2008 and early 2009 intact despite tight credit markets, but more so because mobile broadband services are …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carriers–Morgan Stanley reinstated its equal-weight rating on Verizon Communications after the company’s stock recently outperformed both the market and the telecom …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–Standard & Poor’s revised its outlook on BT Group PLC, a subsidiary of British Telecommunications, to negative from stable following the …
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The companies listed below represent the largest independent national and regional tower companies in the United States for the second quarter of 2008. American Tower and Crown Castle continue to dominate the U.S. tower industry. American Tower remains the largest …
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Tower industry expected to weather storm: New deployments, deep-pocketed customers to buffer segment
BY DAN MEYER HOLLYWOOD, Fla. – Despite thunderstorms on Wall Street, as well as outside the convention itself, participants at the PCIA’s 2008 Wireless Infrastructure Show last week in Hollywood, Fla., were forecasting sunny skies for the market segment. While …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–Barclays Capital lowered its price target on Centennial Communications to $8 from $14 and cut its estimates to 37 cents from …
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The following list ranks U.S. wireless industry CEOs by total compensation for the 2007 fiscal year. The ranking includes executives at public U.S. companies listed on the RCR Wireless News Stock Watch. Salary and total compensation figures were derived from …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–Credit Suisse First Boston lowered its estimates and price target on AT&T on mixed news coming from the company. The new …
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On the surface, the 9th U.S. Circuit Court of Appeals’ decision to reverse a three-judge panel and hand San Diego County a surprise victory over Sprint Nextel Corp. is just another in a series of conflicting court rulings on antenna …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–RBC Capital Markets raised its price target on Leap Wireless to $49 from $45 after the carrier reported strong second-quarter subscriber …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors –R.W. Baird lowered its estimates on Alcatel-Lucent after the company reported in-line results and maintained guidance. The …