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AT&T to add another $1 billion to 2011 capex thanks to wireless FierceBroadbandWireless 7/24/11 2:04 a.m. EST Share    
AT&T said it plans to spend nearly $1 billion in additional capital expenditure in 2011 to keep up with wireless growth and prepare for the rollout of its LTE network this summer. In January, AT&T said it planned to spend about $19 billion on capex. But during the company's second-quarter earnings call, AT&T CFO John Stephens increased that number to $20 billion for the year. Some of that money will be allocated to bolster capacity on its 3G network by adding additional backhaul and radios. More Global Tower Partners closes new financing Global Tower Partners 7/16/11 Share
Global Tower Partners announced that it closed its $645,000,000 Secured Tower Revenue Notes Global Tower Series 2011-2 on July 7, 2011. The Company issued $490,000,000 Series C Notes (rated A2(sf)/A(sf) by Moody's and Fitch respectively) and $155,000,000 Series F notes (rated Ba3(sf)/BB-(sf) by Moody's and Fitch respectively). The notes have a blended coupon of 5.135 percent with a 30-year legal maturity. Click here for related story. More Sprint teams with LightSquared on LTE Wireless Week 7/28/11 Share
In the wake of disappointing earnings this morning, Sprint Nextel announced that it is teaming with LightSquared on a 15-year spectrum hosting deal to provide LTE to its customers. More
2011 most influential women in wireless FierceWireless 7/26/11 Share
FierceWireless ranks the top 15 women in the industry based on their influence in the industry, including PCIA Board Member Vonya McCann. More European study finds no link between few years of cellphone use, kids' cancer risk The Associated Press via The Washington Post 7/27/11 Share
A new European study concludes a few years of cellphone use didn't raise children's risk of brain cancer. Repeated studies in adults have been reassuring, too, although an arm of the World Health Organization said this spring that there is a possibility cellphones pose a risk. More Reid's US debt plan could speed wireless auctions Reuters 7/26/11 7:00 p.m. EST Share
Efforts to give U.S. regulators the authority to auction off some television airwaves for mobile broadband use are getting a boost in a debt ceiling plan proposed by Senate Majority Leader Harry Reid. The auctions have the potential to raise $15 billion in revenue, according to Reid's plan, with some of the proceeds going to broadcasters as compensation. More |
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