Tag Archives: towers

Chubbuck City Council denies T-Mobile cell tower application

T-Mobile representatives went to Chubbuck, Idaho on Wednesday to put forward their case for a cell tower to be built on the grounds of an elementary school in the city. But after debate with Chubbuck City Council, its application was denied. Prior to yesterday’s meeting, T-Mobile had been given a conditional permit to build an 80-foot tower in the city, providing that it was build at least 80 feat from property lines and … [read full article]

T-Mobile Tower Deal Leases 7,200 Locations For $2.4 Billion

T-Mobile USA has agreed to sell the rights to operate 7,200 of its wireless towers to Crown Castle International Corp in a deal worth $2.4 billion. In the deal announced this morning, Crown Castle also gains the option to pay another $2.4 billion to buy the towers from T-Mobile USA outright at the end of a 28 year term for each tower for another $2.4 billion. The towers will support enough space … [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]

T-Mobile Posts YouTube Video For Future Advertisement Spot Highlighting Tower Numbers

T-Mobile’s newest YouTube video destined for televisions across the nation highlights the company’s 35,000 towers and the depth of T-Mobile’s nationwide coverage. This new marketing spot shows Carly driving around on her motorcycle visiting cities across the nation and listing them off as places T-Mobile’s 4G network will cover “from Kalamazoo to Anaheim to Miami.” “Buckle up for faster and more dependable 4G.” YouTube

T-Mobile CTO Neville Ray Says Tower Sale Could Take Months

T-Mobile CTO Neville Ray continues his rounds of discussion in New Orleans as CTIA continues, this time with a comment to Reuters on T-Mobile’s purported tower sale. T-Mobile has previously said it would explore the sale of 7,000 of 37,000 wireless towers to gain some financial independence from parent Deutsche Telekom. Ray told Reuters that the company has already received interest from companies that are already in the business of operating wireless … [read full article]

Has T-Mobile Hired Advisors To Sell Wireless Towers?

T-Mobile has hired TAP Advisors LLC to help explore the option of selling the company’s wireless towers and raise cash. Deutsche Telekom hired the New York bank to continue the search for a buyer after an attempt to sell off the company’s towers failed last year said people familiar with the matter. A tower sale could raise as much as $3 billion, according to an estimate by Kevin Smithen, an analyst at … [read full article]

T-Mobile Tells FCC To Revamp Spectrum Auctions, Level Playing Field

T-Mobile is coming out swinging as it begins its hunt for more spectrum, telling the Federal Communications Commission and Congress to overhaul potential spectrum auction rules that could see smaller carriers squeezed out by larger rivals. Kathleen Ham, T-Mobile’s Vice President of Federal Regulatory Affairs stated this week that “Legislation pending in Congress would effectively preclude the FCC from considering existing spectrum holdings in determining the qualifications for participation in auctions,” and went … [read full article]

T-Mobile Could Net Close To $3 Billion Through Tower Sale

T-Mobile’s exploration of a sale of its tower system could net the company as much as $3 billion for parent Deutsche Telekom, according to Macquarie Capital USA Inc. Macquarie analyst Kevin Smithen wrote in a note that American Tower Corp., Crown Castle International Corp. and SBA Communications Corp are all in “a hotly contested auction” of T-Mobile towers. The expected price is at least $2.25 billion but could go as high as … [read full article]

Financial Times Report Indicates Deutsche Telekom Is Talking To Banks Looking To Boost T-Mobile USA

Here’s a new turn of events as a Financial Times report indicates Deutsche Telekom is reportedly talking with bankers hoping to keep their USA branch competitive in the United States. Besides selling T-Mobile USA towers, which could raise between $1 to $2 billion, T-Mobile could also raise additional funds by issuing bonds. Deutsche Telekom is expected to offer more detail on its strategy when it reports its quarterly results in February. According to … [read full article]