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Articles tagged with: Crown Castle
Crown Castle posts larger-than-expected 3Q loss
Cell tower operator Crown Castle reports 3Q loss about flat year-over-year even as sales rise more
Related Tags: USA
Fitch Rates Crown Castle With Positive Outlook
Fitch Ratings has updated the debt rating assigned to tower network operator, Crown Castle International (CCIC). more
Related Tags: 4g, broadband, towers
Crown Castle prices $500 million debt offering
Crown Castle International, which owns and operates cell phone towers, said Tuesday it has priced its public offering of $500 million in senior notes due 2019 with an annual interest rate of 7.125 percent. more
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Crown Castle Buys Australian Tower Assets
Crown Castle Australia has purchased 140 mobile towers from the local arm of Vodafone for an undisclosed amount - but thought to be in the region of AU$45 million (US$39 million). According to Roger Hawke Crown CastleĆ's managing director, adding the towers to its existing portfolio allows Crown to further support its customers as Crown expands its wireless networks across Australia. more
Related Tags: optus, chief-technology-officer, vodafone-australia, hutchison, towers, USA
National Grid Sells Wireless Unit For GBP2.5 Billion
LONDON -(Dow Jones)- UK power networks company National Grid, Tuesday said it will sell its wireless business to broadcast and mobile infrastructure firm Arqiva for GBP2.5 billion. more
Related Tags: london, satellite, bt, pension
Verizon Wireless Launches TV Service On Cellphones In 20 Mkts
NEW YORK (AP)--Verizon Wireless on Thursday launched a broadcast TV service for cellphones in about 20 Midwestern and Western markets, charging $15 to $25 a month for the initial lineup from eight leading networks. more
Related Tags: seattle, at&t, palm, new-york-city, lg-electronics, cingular, samsung-electronics, mediaflo
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, american-tower
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, rogers-communications, american-tower
Crown Castle Considers Future of Australian Operations
The wireless tower operator, Crown Castle International says that it has commenced an evaluation of strategic alternatives for its investment in Crown Castle Australia ("CC Australia"), which may directly or indirectly include a leveraged recapitalization or a sale of part or all of its interests in a transaction involving an Australian initial public offering or a private sale. CC Australia is the largest independent tower operator in Australia with 1,387 towers, which were primarily acquired from Vodafone Australia and Cable and Wireless Optus in 2001 and 2000, respectively. Crown Castle owns 77.6% of CC Australia. more
Related Tags: optus, vodafone-australia, cable-and-wireless
More Phone Towers on Kentucky State Properties
ConnectKentucky, Kentucky's technology-based economic development partnership says that it is working with Crown Castle to evaluate state properties, including state parks and Department of Transportation properties, to identify opportunities for extending wireless services. As a ConnectKentucky partner, Crown Castle is gathering demographic data and radio frequency drive-test information for certain state properties. ConnectKentucky will use the data gathered to fully assess the opportunity for additional build-out and to identify priority areas for infrastructure expansion in underserved areas. more
Related Tags: fcc, federal-communications-commission