T-Mobile USA Once Again Eying Cell Tower Sale
T-Mobile USA has hired a New York City-based financial firm to help it explore the sale of its cell towers in order to raise revenue, reports Bloomberg. The company sought to sell its towers last year, but put the plans on hold after it agreed to be purchased by AT&T. Now that the AT&T deal has been struck down by the U.S. government, T-Mobile is once again seeking sources of funding for its network expansion plans. T-Mobile is in the process of refarming its 1900MHz spectrum for 3G so it can use its 1700MHz spectrum for LTE 4G. It could earn as much as $3 billion by selling its towers and allowing them to be run by another company.