AAPL Stock: 117.81 ( -0.22 )

Subscribe to this page now.

Sprint to sell 3,300 cellular towers for cash

07/24, 12:25pm

Sprint sells 3,330 towers

National carrier Sprint has signed a deal to sell a massive number of cellular towers, according to an announcement. The company says it is selling approximately 3,300 towers to TowerCo, a deal that should gain Sprint about $670 million in cash. Because the company still needs the towers to maintain coverage, it has arranged a licensing deal with TowerCo that will see it provide CDMA, iDEN and WiMAX support in exchange for a regular leasing fee.



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

    Ultimate Ears Megaboom Bluetooth Speaker

    Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

    Kinivo URBN Premium Bluetooth Headphones

    We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

    Jamstik+ MIDI Controller

    For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


    Most Commented