Andre Yoskowitz
22 Sep 2013 17:35
AT&T has confirmed this week that it is exploring options to sell its wireless broadcast towers, but any sale would depend on the terms for their own ongoing use of the towers.
The company would sell the towers and then lease back some space from the new operators to ensure there is no interruption of their cellular services.
Analysts believe the towers could fetch up to $5 billion.
A few of the names seen as potential acquirers are Crown Castle International Corp, American Tower Corp and SBA Communications Corp.