T-Mobile leases 7,200 cell towers to Crown Castle for $2.4B

T-Mobile USA has agreed to sell the rights to its network of cellular towers to Crown Castle for $2.4 billion as it looks to focus on its core operations.
T-Mobile has been shopping its 7,200 cell towers around for several years, seeing it as an easy way to bring in some badly needed cash that can be funneled into its network upgrade. The carrier has already committed to spending $4 billion over the next three years as it works to build out its 4G LTE network.
Under the agreement announced today, Austin, Texas-based Crown Castle will operate the towers for 28 years and have the right to…

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Vinod Rawat

I'm a very patient listener with positive attitude towards work and life. I'm kind of innovative and creative, I keep learning things and try to implement them to the best use possible. Sometimes I love to write a little and share with the world, sometimes I stay busy at work or family. Professionally I'm a Web & Graphic Designer and also a Pro Marketer. I have over 12 years of working experience in Sales & Marketing, Graphic and Web Design. Explored many areas of business. Sometimes I do love to travel.

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