A wireless locator that facilitates determining a location of a nearby wireless asset including an antenna array with multiple antennas, at least one wireless transceiver that receives a location signal from the nearby wireless asset and that takes multiple samples from the location signal including a set of samples for each antenna, and a processor that compresses the samples to generate location information associated with the nearby wireless asset. The wireless locator may be part of a wireless location system including multiple wireless locators distributed in the area and a central processing system. Various compression methods are disclosed, including averaging of the samples, bit reduction of the samples, converting the samples to corresponding phase values, and combining corresponding samples of multiple sample supplemental sets. Combinations of the various compression methods are also disclosed.