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Sprint Completes Tower Sale

Article Comments  18  

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.



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Sep 25, 2008, 1:19 PM


so does this make sprint a major MVNO!? 😲

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 ...

Sep 25, 2008, 12:45 PM

So I'm just wondering....

If Sprint now has a leasing contract from TowerCo, is Sprint still making money off the smaller carriers who have leasing contracts with them?
thats a good question I work for sprint and I've not heard anything yet...

Sep 25, 2008, 12:38 PM


I'm sure this is a good move for sprint! We still don't lose the coverage and can focus on more important issues like billing...
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