Consolidation in the wireless infrastructure services space continued this week with MasTec’s purchase of WesTower Communications. Florida-based MasTec said it paid $199 million in cash, or about .45-times projected 2014 …
WesTower
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Crown Castle buys fiber assets Crown Castle has acquired roughly 800 miles of fiber in Maryland, northern Virginia and Delaware through the purchase of 24/7 Mid-Atlantic Network. Analyst Jennifer Fritzsche …
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There may be a light at the end of the tunnel for contractors who have been forced to cut workers due to AT&T’s infrastructure spending slow down. Analysts and contractors …
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Another AT&T contractor has been forced to lay off workers, as the carrier takes a break from some of its wireless infrastructure projects. Velocitel, which does tower site work for …
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As the wireless industry comes of age, upgrades are necessary to keep existing, legacy infrastructure in working order and compatible with emerging wireless communications technologies. Those upgrades and enhancements start …
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CARY, N.C.-SpectraSite Communications Inc., the operating arm of bankrupt SpectraSite Holdings Inc., said its WesTower Corp. subsidiary has completed the previously announced sale of SpectraSite’s wireless network services division. The …
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CARY, N.C.-SpectraSite Communications Inc., operating subsidiary of bankrupt SpectraSite Holding Inc., said it will sell its wireless network services division to its subsidiary WesTower Corp. SpectraSite acquired the network services …
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Looking out the window of his Los Angeles office, William E. Jackson II can see two wireless sites his company designed, but he hopes nobody else can see them. Jackson …
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Tower company SpectraSite Communications Inc. last week began the process of shedding its in-house site acquisition and zoning capabilities. Stephen Clark, chairman and chief executive officer of the company, told …
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CARY, N.C.-SpectraSite Holdings Inc. said it completed its acquisition of Vancouver, Wash.-based Westower Corp., a communications tower development and construction firm. Under terms of the transaction, 1.81 shares of SpectraSite …
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In addition to adding towers to their portfolios, tower management companies also have started to bring wireless construction capabilities in-house in an effort to offer their carrier customers one-stop shopping. …
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VANCOUVER, Wash.-WesTower Corp. announced a build-to-suit agreement with Houston Cellular Telephone Co. WesTower will build a portion of Houston Cellular’s towers in the Houston area in 1999 and 2000 under …
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NEW YORK-The current public capital crunch has slowed dramatically the buildout of some domestic wireless networks, but it hasn’t changed the positive prospects for the wireless tower industry. “We think …
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Global information technology spending will increase at a 10-percent compound annual growth rate from $1.59 trillion last year to $2.62 trillion in 2002, according to a study from Killen & …
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VANCOUVER, Wash.-Wireless tower builder and owner Westower Corp. last week acquired privately-held MJA Communications Corp. for $10 million in stock. The acquisition of the Palm Beach Gardens, Fla.-based tower-construction company …