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AT&T and Crown Castle Close $4.83 Billion Tower Transaction

2013-12-17 16:17:54| IT Services - Topix.net

AT&T announced today that it has closed its previously announced transaction to lease rights to approximately 9,000 of its company-owned wireless towers to Crown Castle International Corp. as well as the sale of approximately 600 AT&T towers.

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AT&T to sell Connecticut wireline operations to Frontier

2013-12-17 15:05:00| Telecompaper Headlines

(Telecompaper) AT&T has agreed to sell its incumbent local exchange operations in Connecticut to Frontier Communications for USD 2.0 billion in cash. The transaction includes some wireless network assets and consumer, business and wholesale customer relationships. AT&T will use the sales proceeds, in part, to further its Project VIP plan to upgrade to an all-IP network. Under the terms of the deal, AT&T will receive USD 2.0 billion in cash for the stock of its subsidiaries Southern New England Telephone Company and SNET America. The activities count more than 900,000 voice connections, including U-verse VoIP and traditional copper lines; approximately 415,000 broadband connections, including about 245,000 U-verse internet and about 170,000 DSL customers; and about 180,000 U-verse video subscribers. The transaction is subject to review by the US Department of Justice, the Federal Communications Commission, the Connecticut Public Utilities Regulatory Authority and other state regulatory authorities and is expected to close in the second half of 2014.

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AT&T closes on Crown Castle deal

2013-12-17 02:45:28| Telecom - Topix.net

AT&T said Monday that it has closed on its deal with Crown Castle International Corp. to lease the rights of 9,000 of its company-owned wireless towers and sell approximately 600 more.

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EE strikes 4G roaming deal with AT&T

2013-12-17 01:00:00| Total Telecom industry news

Visitors to U.K. to get access to high-speed mobile broadband as operator promises more agreements to follow in early 2014.

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AT&T closes on Crown Castle deal

2013-12-16 23:34:35| IT Services - Topix.net

AT&T said Monday that it has closed on its deal with Crown Castle International Corp. to lease the rights of 9,000 of its company-owned wireless towers and sell approximately 600 more.

Tags: deal att crown castle

 

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