AAPL Stock: 111.5 ( + 0.72 )

Subscribe to this page now.

T-Mobile leases 7,200 mobile sites to Crown Castle

09/28, 2:46pm

Deal lasts 28 years, costs $2.4 billion

T-Mobile has signed an agreement with Crown Castle to lease 7,200 wireless towers. The carrier will hand the towers to Crown Castle for a period of 28 years, in exchange for a $2.4 billion rental fee. The proceeds of the deal will go some way towards paying off debts accumulated by T-Mobile's parent company, Deutsche Telekom.



Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook


    Most Popular


    Recent Reviews

    Polk Hinge Wireless headphones

    Polk, a company well-established in the audio market, recently released a new set of headphones aimed at the lifestyle market. The Hin ...

    Blue Yeti Studio

    Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

    ZTE Spro 2 Smart Projector

    Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...


    Most Commented