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Home > Company Index > Telecommunications > Miscellaneous Services to Communication Providers > SpectraSite Holdings, Inc.

SpectraSite Holdings, Inc.
Nasdaq: SITE
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 NEWS FROM THE WIRES
Spectrasite says Q2 charge led to $1.24 per shr loss
Aug 07 2001 03:28 PM PDT

More WIRE STORIES about this company

 PROFILE
Look Ma, no wires! SpectraSite Holdings builds, leases, and manages towers for cellular, paging, and mobile radio services. Founded by CEO Stephen Clark in 1997, the company owns and operates more than 8,200 towers and manages more than 5,000 revenue-producing rooftop transmission sites in major US markets for such customers as AT&T Wireless, Nextel, and Sprint PCS. SpectraSite is taking over the management of 3,900 towers owned by SBC, and the company will control nearly 9,000 towers once pending deals are completed. SpectraSite also offers site acquisition, network design, and custom building services. Investment firms Welsh, Carson, Anderson & Stowe (about 21%) and J.H. Whitney (about 9%) are major shareholders.

 COMPETITION
American Tower Corporation (AMT)
Crown Castle International Corp. (CCI)
Pinnacle Holdings Inc. (BIGT)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 346.90
1-Yr. Sales Growth: 246.6%
Employees: 1,963
Revenue per employee: $176,719.31

 KEY PEOPLE
• Stephen H. Clark
    CEO
• David P. Tomick
    CFO

 CONTACT INFO
100 Regency Forest Dr., Ste. 400
Cary, NC 27511
US
Phone: 919-468-0112
Fax: 919-468-8522
Online: Web Site

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