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Quanta Services Inc (NYSE:PWR) To Sell Fiber Optic Business To Crown Castle International Corp (NYSE:CCI) For $1 Billion

Quanta Services Inc (NYSE:PWR) is reported to be finalizing the terms of a contract with Crown Castle International Corp (NYSE:CCI). The contract will facilitate the handing over of its fiber optics business to Crown Castle. The company announced the new developments for its fiber optic business on April 30. Plans for the sale are already […]

Verizon Communications Inc. (NYSE:VZ) Follows Rival Footsteps To Raise Cash From Tower Sale

Boston, MA 09/24/2014 (wallstreetpr) – Verizon Communications Inc. (NYSE:VZ), which is rushing sale of its mobile network towers, has sought to take the help of TAP Advisors LLC in the matter. $6 Billion Deal The U.S. biggest mobile-phone company is seeking to sell-off its wireless network towers as early as by the end of this year. […]

Crown Castle International Corp. (NYSE:CCI), Primerica, Inc. (NYSE:PRI) And Avista Corp (NYSE:AVA) Declare Dividends

Boston, MA 08/11/2014 (wallstreetpr) – Shared wireless infrastructure operator Crown Castle International Corp. (NYSE:CCI), distributor of financial products Primerica, Inc. (NYSE:PRI) and energy generation and distribution company Avista Corp (NYSE:AVA) have announced that their board had declared a quarterly cash dividend to their shareholders. Dividend Rate Crown Castle International Corp. (NYSE:CCI) disclosed that its board […]

AT&T Inc. (NYSE:T) Net Income Touches Investor Expectations, Profits Up Almost 5%

Boston, MA 10/31/2013 (wallstreetpr) – American telecommunications major AT&T Inc. revealed net income that exceeded investor expectations by a cent on Wednesday. This is due to AT&T Inc. (NYSE:T)’s wireless profit margins that beat analyst predictions, though revenue was slightly behind analyst estimates. In its recently released earnings report, AT&T disclosed a 4.9% increase in net profit […]

Crown Castle International Corp. (NYSE:CCI)’s Profits Rose 9% – T

Boston, MA 10/24/2013 (wallstreetpr) – Wireless infrastructure provider Crown Castle International Corp. (NYSE:CCI) third-quarter earnings have risen by 9% due to an increase in the company’s cell-tower rental revenues, according to its earnings report declared earlier this week. Crown Castle (CCI) reported profits of $45.8 million for the third quarter, up from $42 million for the […]