SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* PENINSULA INVESTMENT PARTNERS, L.P. (Last) (First) (Middle) 404B EAST MAIN STREET 2ND FLOOR (Street) CHARLOTTESVILLE VA 22902 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 06/25/2010	3. Issuer Name and Ticker or Trading Symbol FiberTower CORP [ FTWR ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.001 per share	6,830,000	D(1)
Common Stock, par value $0.001 per share	6,830,000	I	Footnote(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* PENINSULA INVESTMENT PARTNERS, L.P. (Last) (First) (Middle) 404B EAST MAIN STREET 2ND FLOOR (Street) CHARLOTTESVILLE VA 22902 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* PENINSULA CAPITAL ADVISORS LLC (Last) (First) (Middle) 404B EAST MAIN STREET 2ND FLOOR (Street) CHARLOTTESVILLE VA 22902 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. The reported securities are directly owned by Peninsula Investment Partners, L.P. (the "Partnership"), which is a reporting person.

2. The reported securities are held in the account of the Partnership and may be deemed to be beneficially owned by Peninsula Capital Advisors, LLC by virtue of its role as the investment manager of the Partnership. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

	Peninsula Investment Partners, L.P., By: Peninsula Capital Appreciation, LLC, its general partner, By: /s/ R. Ted Weschler, Managing Member	06/29/2010
	Peninsula Capital Advisors, LLC, By: /s/ R. Ted Weschler, Managing Member	06/29/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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