Crown Castle Defies Downturn with Strong First Quarter
Citing strong consumer demand and successful organic growth, Crown Castle International announced strong growth this week in site rental revenue, site rental gross margin and adjusted EBITDA. MORE

 

FCC Upholds $10k Fine for RFR Violation
The FCC has denied the application filed by CBS Radio, formerly Infinity Broadcasting, seeking a review of the $10,000 fine against WQYK-FM, St. Petersburg, Fla., for failure to comply with radio frequency radiation (RFR) maximum permissible exposure (MPE) limits. MORE  
 
Michigan Approves New Tower Safety Rules
The Michigan Occupational Safety and Health Administration (MIOSHA) has approved new safety requirements to protect workers on broadcast and communication towers. MORE

 

Natl. Park Scales Back Cell Phone, Wi-Fi Coverage
Yellowstone National Park has opted to exclude cell towers from wilderness areas, along park road corridors and minor developed areas in its new wireless plan. MORE

Tower Industry Raises $1.5B in Equity
Even with credit markets remaining tight, tower companies, such as SBA Communications and Crown Castle International, have proved they still have the muscle to be able to borrow money. MORE

 

DAS Industry Player Scores Financing for Expansion
NewPath Networks has achieved $47 million in investment funding in a private placement offering, of which $30 million closed on April 20. The financing was led by Charterhouse Group, a private equity investment firm. Other participants included Meritage Funds and existing investor Sweetwater Capital. MORE

 

Federal Stimulus Funds Requested to Build Cell Tower
Opinions on the federal stimulus package vary, but Clinton, Mass., administrators have completed their wish list, requesting $175,000 in federal stimulus money to build an 80-foot public safety communications antenna and a 16-by-16-foot controls building, according to the Clinton Times & Courier.

 

Copper Continues to Disappear in Pennsylvania
AT&T Mobile officials told police last week that three copper ground bus bars were stolen from a cell tower site in the township. Police said the theft appears to be related to at least seven other thefts in northeastern Pennsylvania, according to the Wilkes Barre Times Leader.