| Business Summary | | SpectraSite
Holdings,
Inc.
is
a
wireless
tower
operator
and
a
provider
of
outsourced
network
services
to
the
wireless
communications
and
broadcast
industries
in
the
United
States
and
Canada.
The
Company's
businesses
include
the
ownership
and
leasing
of
antenna
sites
on
towers;
managing
rooftop
and
in-building
telecommunications
access
on
commercial
real
estate;
network
planning
and
deployment;
and
construction
of
towers
and
related
wireless
facilities.
As
of
December
31,
2000,
after
giving
effect
to
all
pending
transactions,
the
Company
owned
or
managed
over
26,000
sites,
including
8,260
towers.
The
Company
also
own
50%
of
SpectraSite-Transco
Communications
Ltd.,
which
owns
714
towers
and
1,500
sites.
In
addition,
SpectraSite-Transco
Communications
has
the
option
to
construct
towers
on
an
additional
30,000
potential
sites
in
the
United
Kingdom. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SpectraSite
Holdings
is
engaged
in
the
ownership
and
leasing
of
antennae
sites
on
towers,
managing
rooftop
and
in-building
telecommunications
access
on
commercial
real
estate,
network
planning
and
wireless
tower
construction.
For
the
six
months
ended
6/30/01,
total
revenues
rose
43%
to
$219.2
million.
Net
loss
totaled
$250.9
million,
up
from
$70.9
million.
Results
reflect
new
towers
either
acquired
or
built,
offset
by
increased
interest
and
non-cash
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Lawrence Sorrel, 42 Chairman | -- | -- | Stephen Clark, 56 Pres
and CEO | $652K | $6.2M | David Tomick, 49 CFO,
Exec. VP | 302K | 887K | Timothy Biltz, 42 COO | 465K | -- | Calvin Payne, 48 Exec.
VP- Design and Construction , Director | -- | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|