AT&T said it is open to selling some of its non-core assets, which might include wireless towers, after a financial analyst said AT&T is looking to offload its towers in a deal similar to ones that its smaller rivals have made.
The Wireless Broadband Alliance has announced that it has added 14 new member companies in recent months to take its total membership up to 95, roughly double what it was a year ago.
ORLANDO, Fla.--Crown Castle CEO Ben Moreland said the company's decision to buy the rights to 7,200 of T-Mobile USA's towers for $2.4 billion was an effort to boost Crown's tower presence in dense urban markets where carriers' capacity needs will be greatest in the years ahead.
Jonathan Adelstein, the newly minted president and CEO of wireless infrastructure trade association PCIA, said his main priority is making sure the policy victories the group has achieved in recent years turn into measurable progress for the industry.
T-Mobile USA said it well the rights to 7,200 of its towers to Crown Castle for $2.4 billion. The deal is the culmination of months of speculation over a sale of the carrier's towers.
Crown Castle is now the front-runner in the bidding war for T-Mobile USA's cell towers, and may soon strike a deal with the carrier valued at more than $2 billion, according to a Wall Street Journal report.
T-Mobile USA's proposed sale of its wireless towers has attracted interest from major tower companies American Tower and Crown Castle, according to a Bloomberg report, which cited an unnamed source.
T-Mobile USA has hired TAP Advisors to help sell its wireless towers in a bid to raise money for parent Deutsche Telekom, according to a Bloomberg report. The report, citing unnamed sources familiar
It's a busy week for financing news in the tower and backhaul sectors: Just a month after announcing it would acquire distributed antenna systems company NextG Networks, Crown Castle International
Crown Castle said it will pay $1 billion to acquire distributed antennas systems (DAS) provider NextG Networks, giving the tower company a leg up in the DAS market and potentially enabling it to