All Posts Tagged Tag: ‘crown castle international’

AT&T Closes $4.83 Billion Tower Rights Sale

Back in October, AT&T announced that it would be selling the lease rights to many of its U.S. towers to Crown Castle International for approximately $4.85 billion. The mobile provider today announced that the deal has closed, though at a slightly lower price than was estimated before. AT&T has now sold the lease rights to at least 9,000 of its …

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AT&T Sells Tower Rights to Crown Castle For $4.85 Billion

AT&T and Crown Castle International have announced a wireless tower deal totaling $4.85 billion. Under the terms of the deal, AT&T will lease 9,100 of its wireless towers and sell 600 of its wireless towers to Crown Castle. Crown Castle will acquire the rights to all of the towers, in exchange paying AT&T $4.85 billion in cash. Crown Castle will …

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T-Mobile Sells Cell Tower Rights For $2.4 Billion

T-Mobile and Crown Castle International announced today that they have inked an agreement regarding T-Mobile’s cellular network towers. Under the deal, Crown Castle will pay T-Mobile $2.4 billion and acquire the rights to around 7,200 T-Mobile towers for approximately 28 years. Crown Castle will have exclusive rights to lease and operate the towers during that time. “We are very pleased …

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