Tag Archives: tower sale

T-Mobile sells 600 towers to Phoenix Tower International

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 … [read full article]

Likely Buyer Emerges For Purchase Of T-Mobile Towers

Cellphone tower operator Crown Castle International is now said to be the leading bidder on T-Mobile’s 7,000 towers in a deal worth more than $2 billion, said people familiar with the matter. According to the Wall Street Journal, rival tower operators American Tower and Global Tower Partners are still in the mix, but talks with Crown Castle are “more advanced after final bids landed in early July.” Negotiations with Crown Castle could … [read full article]

Deutsche Telekom CEO Says Merger, Not Sale Is Still An Option For US Branch

Deutsche Telekom CEO Rene Obermann spoke this morning during his company’s investors call and said that a T-Mobile merger is still an option, though an outright sale is more than likely off the table. “We do not exclude any option for the T-Mobile unit in the U.S., also not a merger,” Obermann told shareholders today at an annual meeting in Cologne, Germany. “A complete sale is unlikely. You understand that I can’t say … [read full article]