Sprint Completes Tower Sale
Sep 25, 2008, 12:21 PM by Eric M. Zeman
Sprint announced that it has completed the sale of is cellular towers to TowerCo for $670 million. It sold 3080 towers to TowerCo, which will take over the operation and maintenance costs of the towers. Sprint has also signed a leasing agreement to use the towers so it can continue to operate its cellular networks.
Comments
Sprint owns the spectrum, which is the right to broadcast at certain frequencies. They just sold the towers that do such a thing. Most towers are actually owned by 3rd-party companies. Most carriers tend to share towers anyways, meaning that ...
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So I'm just wondering....
hmm...