Articles tagged with: American Tower
American Tower to buy 196 Towers from Cincinnati Bell
US tower owner, American Tower has entered into an agreement to acquire 196 of Cincinnati Bell's wireless communications towers for US$100 million. The towers are located primarily in Ohio and Kentucky and currently average 2.1 tenants per tower. Cincinnati Bell will remain a tenant on all 196 towers pursuant to a long-term Master Lease Agreement. more
Related Tags: cincinnati-bell, USA
American Tower 3Q net income rises 11 pct
American Tower, one of the USA's largest owner of cell phone towers, on Tuesday said net income for the third quarter rose 11 percent on the back of strong growth for its tower rental and management revenue. more
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Former Cold-War Microwave Towers Reused for Possible Wind Turbine Sites
A wind farm firm has inked a deal to put test kit on nearly 1,200 radio towers to monitor the average wind speed and see if the area would be suitable for installing electricity wind turbines. The towers are owned by American Tower and were originally built by AT&T for cold-war defence purposes. All of the sites have permitted access roads and power links to the electrical distribution grid thus addressing a cost and permitting impediment to many wind power projects. more
Related Tags: wind-power, wind, microwave, bomb, towers, USA
American Tower Sues Over CEO Impersonation
American Tower Corp has launched legal action against a former Goldman Sachs Group executive for allegedly forging an email as to make it seem to have come from American Tower CEO, James Taiclet. The lawsuit claims that Jide Zeitlin forwarded an news article published on CNN's web site in October 2006 to two of American Tower's institutional investors, manually entering the email address of James Taiclet into the website. more
Related Tags: goldman-sachs, cnn, cnn, USA
Crown Castle To Buy Global Signal For $5.8 Billion
NEW YORK -(Dow Jones)- Crown Castle International said Friday that it agreed to acquire Global Signal for $5.8 billion in a cash-and-stock deal that will make it the largest cellular-tower company in the USA. more
Related Tags: t-mobile-usa, t-mobile-usa, metropcs, leap-wireless, citigroup, ben, federal-communications-commission, sba-communications, crown-castle
Telecom Funds Look For Clear Signals From Volatile Sector
SAN FRANCISCO (Dow Jones) -- Telecommunications-sector mutual funds disconnected from investors in the 2000-2002 bear market, but nowadays they're ringing loud and clear. more
Related Tags: tellabs, at&t, america-movil, telus, bharti, sk-telecom, rogers, crown-castle, rogers-communications
American Tower to Buy SpectraSite for $3 Billion in Stock
NEW YORK -- Mirroring the fevered consolidation of the wireless-carrier industry, communications-tower company American Tower Corp. (AMT) is expected to announce Wednesday an agreement to acquire SpectraSite Inc. (SSI) for $3 billion in stock, extending the size the nation's largest tower company to 22,600 communications sites, The Wall Street Journal reported Wednesday. more
Related Tags: wall-street-journal, at&t-wireless, verizon-communications
American Tower improves site monitoring
American Tower Corp has signed a service contract with Hughes Network Systems to equip 500 USA-based towers with satellite communications access to be used for priority monitoring and control. more
Related Tags: hughes-network-systems
Mexican network disposals push it into profit
Grupo Iusacell, the Mexican cellular network, has announced revenues of US$1.7 billion for the third quarter of 2001, a 16% increase over the third quarter of 2000, including $143 million in fiber optic inventory sales. more
Related Tags: grupo-iusacell, iusacell, fiber-optic
Metawave signs American contract and lays off staff
Metawave has signed a letter of intent with an unnamed American tower company to enter into a purchase agreement for Metawave's new smart antenna sharing solution, called SmartShare. SmartShare, which is designed to support all major air interfaces operating in the 800 MHz and 1900 MHz frequencies, will allow multiple operators to share a single set of antenna panels at a cell site. more
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