Sprint Nextel sells thousands of towers
Sprint Nextel announced an agreement to sell 3300 towers to TowerCo. for approximately $670 million in cash. Additionally, the two companies have entered into a long-term leasing agreement where TowerCo. will provide Sprint Nextel with wireless ...
Sprint Nextel announced an agreement to sell 3300 towers to TowerCo. for approximately $670 million in cash. Additionally, the two companies have entered into a long-term leasing agreement where TowerCo. will provide Sprint Nextel with wireless communications towers to support the company’s CDMA, iDEN and WiMAX networks, according to Sprint.