Sprint Sells Its Cell Towers
Really a bad idea?
PoisonEye said:
I think the larger point that people are missing is that Sprint still owns all of the equipment, etc and responsibility for maintaining it. This is only a sale of the tower structure itself and the surrounding land. It's not like if there's an outage, this new company will be fixing it...it'll still be Sprint. Unless, I would guess, the tower falls over or something.
The deal includes approximately 3,300 CDMA and iDEN network towers. TowerCo will take over the running and maintenance of the towers, and Sprint will lease the use of the towers from TowerCo so it may continue to run its network. The sale frees up Sprint personnel from managing the towers, -- You see, Sprint retains no responsi...
(continues)
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