0
Wireless

AT&T sells remaining US towers to Peppertree for USD 680 mln

Monday 28 October 2019 | 09:07 CET | News
AT&T announced that it agreed to a sale-leaseback of its remaining wireless towers owned in the US to Peppertree Capital Management. Under the terms of the sale, valued at up to USD 680 million, Peppertree will purchase more than 1,000 towers, and AT&T will lease back capacity on the towers from Peppertree.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

AT&T starts share buyback, accelerates cost cutting

Published 11 Dec 2019 09:06 CET | United States
AT&T has started buying back shares and expects to spend USD 4 billion on the repurchase in Q1 2020, COO John Stankey said at the ...

Last week in media: earnings, HBO Max, Apple TV+ and PS Vue driving the sector

Published 04 Nov 2019 07:00 CET | World
The Telecompaper Global Media Index was up 1.9 percent in week 44, beating the S&P 500's gain of 1.5 percent. There were some big ...

AT&T announces new financial growth targets to calm shareholder concerns

Published 28 Oct 2019 13:49 CET | United States
AT&T has announced new financial targets for the coming three years, following pressure from shareholders such as Elliott ...

PPF Group to acquire Central European Media Enterprises for USD 2.1 bln

Published 28 Oct 2019 08:44 CET | Eastern Europe
Czechia's PPF Group is expanding in the media sector with an agreement to acquire Central European Media Enterprises for USD 2.1 ...

AT&T sells Puerto Rico, USVI assets to Liberty Latin America for USD 1.95 bln

Published 09 Oct 2019 16:46 CET | Puerto Rico
AT&T has agreed to sell its operations in Puerto Rico and the US Virgin Islands to Liberty Latin America for USD 1.95 billion in ...

Elliott Management calls for turnaround plan at AT&T

Published 09 Sep 2019 15:41 CET | United States
The activist investor Elliott Management has launched a call for a strategic rethink at AT&T, saying it has a plan to turnaround ...

AT&T extends leasing with ATC

Published 03 Sep 2019 15:44 CET | United States
AT&T has agreed a new multi-year lease deal with American Tower Corp. The companies said the agreement includes a simplified ...

AT&T mulls sale of regional sports networks to cut debt - report

Published 03 Jul 2019 14:52 CET | United States
AT&T could decide to sell its four regional sports networks in order to help it reduce debt, Bloomberg reported, citing sources ...

AT&T completes sale of NYC office space for USD 2.2 bln

Published 17 Jun 2019 09:01 CET | United States
AT&T's WarnerMedia has completed the sale-leaseback of its premises at 30 Hudson Yards in New York City to a consortium for about ...

AT&T says on track with debt reduction after small rise in Q1 adjusted earnings

Published 24 Apr 2019 13:20 CET | United States
AT&T reported revenues up 17.8 percent in the first quarter to USD 44.8 billion, driven by its takeover of Time Warner, expansion ...

Tillman still building hundreds of macro cell towers for AT&T use

Published 18 Dec 2018 11:16 CET | United States
Tillman Infrastructure has built hundreds of new macro cell towers for lease to AT&T. Tillman cut a deal earlier this year to ...





Calendar   /   Industry Events

18 Oct Apple Event
19 Oct A1 Telekom Austria Q3 2021
19 Oct Tele2 Q3 2021
19 Oct Netflix Q3 2021
19 Oct Iridium Q3 2021
19 Oct Arm DevSummit
19 Oct Pixel Fall Launch
19 Oct Arm DevSummit
20 Oct Crown Castle Q3
20 Oct Verizon Q3 2021
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct AT&T Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Telenor Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
22 Oct Doro Q3 results
22 Oct Ericsson Q3 2021
::: More Calendar Items