The cellco’s US tower assets would likely attract interest from American Tower and Crown Castle International, analysts told the Journal.
T-Mobile considers US tower sale
Deutsche Telekom’s US subsidiary T-Mobile USA is considering selling infrastructure to fund the acquisition of 4G spectrum.
The sale of the cellco’s 7,000 towers could generate up to $2 billion (€1.4 billion) towards the cost of acquiring new spectrum, with the sale likely to begin in 2Q11 if approval is given.
However, company sources told WSJ.com that no decisions have been reached.
The operator revealed last week that it would look to boost sales by $3 billion in the next three years to help fund the purchase of new spectrum. It is also considering partnerships to help it win 4G spectrum.