FiberTower Regains Compliance With Nasdaq Listing Rule

SAN FRANCISCO, Jan. 7 /PRNewswire-FirstCall/ -- FiberTower Corporation (Nasdaq: FTWRD), a wireless services backhaul provider, today announced that on January 6, 2010, it received written notification from the Nasdaq Stock Market ("NASDAQ") that it has regained compliance with Nasdaq Marketplace Rule 5450(a)(1) (the "Minimum Bid Price Rule"), which requires listed companies to maintain a minimum bid price of $1.00 per share.

Source : http://www.prnewswire.com/news-releases/fibertower...