T-Mobile Selling Off Rights to 7,200 Cell Towers
Let me get this strait?
2. If they WERE doing that, whatever that could possibly mean, why would they pay taxes on it?
3. Your description fails to include the entity Crown Castle, so obviously you have some more work to do.
2. Because they're selling it to a shill corporation which both are owned by the parent. Since on paper its a different entitiy they should pay tax on the income.
3, Crown Castle is owned by DT, TMO US is owned by DT. Whats so hard to figure out about that?
Versed said:
3, Crown Castle is owned by DT, TMO US is owned by DT. Whats so hard to figure out about that?
TMO, Crown and DT are all operated as SEPERATE companies that provide SEPERATE services.
1. Because they don't want to deal with maintaining the physical tower.
2. Because the company buying the towers can rent space on them to additional carriers, and is willing to give a large chunk of money for that ability.
> Doesn't that make it harder to repair them when they go down
I have no idea why you think that. I rent my home. I don't have to deal with local property taxes or maintenance of the building, and yet none of those benefits interfere with me repairing my computer when it breaks.
Because, you know the old saying 'if you want something done right you have to do it yourself', if you're relying on a third party to fix the towers, and they fail to do so...then what? You mention living in an apartment building, but what if your landlord is a slum lord who doesn't really care if your furnace ever gets repaired?
When I worked for at&t, we could look up individual towers and see if they were working, and often there would be one particular tower which would be listed as 'severely degraded' and it would say that it was 'scheduled to be repaired' and sometimes literally for months nothing would be done about it...
Other Security Ownership
The following is a tabulation as of March 26, 2012 of our stockholders who own beneficially in excess of 5% of our Common Stock.
Shares Beneficially
Owned
Beneficial Owner
Number Percent(a)
T. Rowe Price Associates, Inc. (b)
33,598,667 11.47 %
100 E. Pratt Street
Baltimore, MD 21202
SPO Partners & Co. (c)
28,096,957 9.59 %
(including affiliates and related investment funds)
591 Redwood Highway, Suite 3215
Mill Valley, CA 94941
Capital Research Global Inve...
(continues)
Versed said:
Let me get this strait TMO is selling/leasing towers to itself for a couple of billion? I hope they pay taxes on the sale of these towers to themselves. If VZW or AT&T pulled off this shannagans their would already have been 167 discussion messages on how they're out to screw sociey.
You did not, in fact, get this straight at all.
This forum is closed.