T-Mobile sells 600 towers to Phoenix Tower International

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As we get closer to the 600MHz auction, which is slated for March 2016, T-Mobile continues to prepare itself for a spectrum buying spree.

Phoenix Tower International (“PTI”) has agreed to buy more than 600 towers from T-Mobile. PTI says that it’s acquiring “ownership or management rights” to the towers. Unfortunately, details of the deal are confidential, so not much more is known about it.

Here’s what Dagan Kasavana, CEO of the Florida-based PTI, had to say about the T-Mobile deal:

“We are incredibly excited to transact with T-Mobile and believe these locations are well situated for additional lease-up opportunities as the wireless operators continue to expand and improve their networks. The PTI management team has significant experience operating and leasing tower sites in the United States and is thrilled to have a significant portfolio of high quality sites in the United States to offer to our customers. Furthermore, this transaction represents another milestone in Phoenix Tower’s expansion and allows us to service our customer’s strategic needs across the Americas.”

This deal could be an attempt by T-Mobile to fill its wallet a bit more before next year’s 600MHz auction. We know that T-Mo is planning to go big in the auction, buying up 600MHz spectrum licenses to cover parts of the US that aren’t already covered by 700MHz service, as well as some licenses that’ll bolster existing 700MHz coverage in major metro areas. T-Mobile has been pushing hard on low-band spectrum lately with its Extended Range LTE (aka band 12, aka 700MHz) because of its reach and building penetration, and 600MHz coverage will help T-Mo in the same way, so it’d make sense for Magenta to be working hard to build up a cash pile for next year’s auction.

Via: Wireless Week
Source: Phoenix Tower International

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  • turtle6988

    Before everyone goes Crazy, these towers will still have T-Mobile equipment on them

    • KOLIO

      That’s what I was guessing,with a lease/use agreement &/or the deal is contingent upon the outcome of the auction.

  • YABD

    Tmobile need some cash.

  • Fabian Cortez

    Good. They definitely could use the extra money for the upcoming aggressive incentive auction.

    Now Sprint can spend some cash and co-locate onto these towers as they (the sites) have proven themselves with respect to site density.

    Especially since dropping LTE (to EV-DO Rev. A and/or 1xRTT) in metro areas in 2015 and 2016 and being connected to LTE 64% (down from 65% in the previous quarter) of the time, while the top three carriers manage 77%+, leaves a bad taste in people’s mouths.

    EDIT: Typos and additional information.

    • Ascertion

      Tell me about it. T-Mobile completely drops signal in some places near me, and I’m not in a rural area by any means.

      • dontsh00tmesanta

        get a band 12 device

        or check out cricket

        • Fabian Cortez

          He’s just trolling; he’s a Sprint/S4GRU user.

          Where he lives (St. Johns, FL – ~18k people) is rather rural/somewhat suburban.

        • Ascertion

          My initial point is I believe most people would rather have ANY signal than the dreaded no service icon.

        • Fabian Cortez

          Another exception…

          Yet, interestingly, you recommended me to T-Mobile not too long ago. So which is it?

          I recommended that to IceMan, not Ascertion. That was well before I knew that you used, and continue to use, multiple accounts. Thus making you the same person. Care to ignore that?

          I’d pull up the post but you were banned from the site you posted it on.

          “Banned.” Interesting.

          So because your messages under IceMan no longer exist here and because you no longer post here under said name means you were banned, right?

          So because fuzzylumpkins‘ messages no longer appear means he was banned, right?

          So because Mr Paul‘s (now cortney over at S4GRU) messages still appear here but now say “guest” means he wasn’t banned from TmoNews, right?

          So because someone stops visiting a certain site (choosing or not choosing to remove their posts) means they’ve been banned, right? milan and conan and company have all been banned, right?

          Your Ascertions continue to be incorrect as usual and lack fundamental proof. There is no need for you to answer these questions; they’re rhetorical.

          Sorry, but your obsession with Sprint still lingers, even on T-Mobile-based sites.

          But you’re here, trolling nonetheless, obsessing over me when I didn’t reply to you, with zero facts, on a T-Mobile fansite when I have asked you multiple times not to reply to me. Please seek some professional help as this article, industry, nor website is about me.

          This is not S4GRUdotcom; you clicked the wrong bookmark.

          But try to stay on topic and make a concerted effort to not click the “Reply” button under my posts moving forward. You can do it. We all believe in you.

        • Ascertion

          I recommended that to IceMan, no Ascertion. That was well before I knew that you used, and continue to use, multiple accounts.

          But the location is in question, and you knew where I lived prior to recommending T-Mobile. The one that made baseless assumptions here was you.

          “Banned.” Interesting.

          So because your messages under IceMan no longer exist here and because you no longer post here under said name means you were banned, right?

          So because fuzzylumpkins’ messages no longer appear means he was banned, right?

          So because Mr Paul’s (now cortney over at S4GRU) messages still appear here but now say “guest” means he wasn’t banned from TmoNews, right?

          So
          because someone stops visiting a certain site (choosing or not choosing
          to remove their posts) means they’ve been banned, right?

          Your Ascertions continue to be incorrect as usual and lack fundamental proof. There is no need for you to answer these rhetorical questions.

          You either had an “obligatory meltdown” as you would put it, or you did the impossible; getting banned from Fierce.

          But you’re here, trolling nonetheless, obsessing over me, with zero
          facts, on a T-Mobile fansite when I have asked you multiple times not to
          reply to me. Please seek some professional help.

          This is not S4GRUdotcom; you clicked the wrong bookmark.

          But try to stay on topic moving forward.

          Trolling? Me? I’ve stayed on topic, while you brought Sprint into the mix.

        • Jay Holm

          Where do you live?

        • Acdc1a

          St. Johns is just south of Jacksonville. Coverage is at least HSPA+ there and I know they’re quickly flipping on LTE. Coverage gaps are non-existent along the coast from Miami North all the way to Jacksonville. As someone who’s traveled A1A end to end I speak from experience.

  • xealo

    As others have said, there is no reason to freak out. Tmo and basically all of the other carriers DO NOT own their towers and here is why it makes sense. Why own towers and pay for their upgrades and upkeep when you can sell them, and then just lease them? It costs way less to lease then to own and pay for all upgrades/upkeep.

  • gadget_hero

    I still think focusing on buying US Cellular should be higher priority for T-Mobile, 600MHz deployment is far off, and I have heard there is a potential interference issue with that band. Not to mention we haven’t even had the reverse auction yet, what if TV broadcasters don’t play ball. US cellular has PCS, AWS, A Block 700MHz that can be use NOW. Also T-Mobile should buy Leap & Cspires A Block and offer them a roaming agreement (Cspire).

    • Fabian Cortez

      I think a U.S. Cellular fully reciprocal LTE roaming agreement, similar to Mobile Without Borders with Canada and Mexico, would be much better suited in the short term.

      Many will be surprised as to who U.S. Cellular’s LTE roaming agreement will be with.

      • gadget_hero

        I agree that would be fastest, I do think T-Mobile should ultimately buy/merge with USCC as no doubt it would be cheaper for T-Mobile to run than USCC. Not to mention it would vault T-Mobile to 66 million subs meaning in like a quarter and a half they could crack 70 million subs! closing the gap with AT&T/Verizon (as well as the coverage gap).

  • steveb944

    Gotta get that money. They’ve been doing this for a while now as they own(ed) the most out of any carrier.

  • guest

    Who likes this idea?

    T-Mobile should offer some AWS in exchange for SIMple Mobile.

    To offer simple plans, many optional features and unlocked/unbranded phones.