SpectraSite Holdings (Nasdaq: SITE), one of the largest wireless tower operators in the United States, says it has sold its interest in Concourse Communications Group, a firm that develops shared wireless tenant infrastructure systems in U.S. airports.

Terms of the transaction were not disclosed.

“We invested in Concourse in 1999 prior to the formation of the Company’s In-Building Division, which also provides wireless carriers with high quality shared infrastructure solutions in public venues,” Stephen H. Clark, president and chief executive officer of SpectraSite, said in a statement. “Today, SpectraSite has operational in-building wireless systems in many of the nation’s largest casinos, hotels and malls.”

Concourse Communications is a Springfield, MA-based developer of neutral host Wireless Access Systems in airports and other transportation related venues. These systems support wireless voice, data and video services offered by commercial wireless service providers, airport operators and their airline tenants. The Concourse system is currently being implemented in several of the nation’s largest airports.

Based in Cary, SpectraSite is a provider of outsourced services to the wireless communications and broadcast industries in the United States and Canada. At June 30, 2002, SpectraSite owned or managed approximately 20,000 sites, including 7,994 towers primarily in the top 100 markets in the United States. SpectraSite’s customers are wireless communications providers and broadcasters, including AT&T Wireless, ABC Television, Cingular, Nextel, Sprint PCS, Verizon Wireless and Voicestream.

SpectraSite: www.spectrasite.com

Concourse Communications: www.concoursecommunications.com