Sprint Announces Wireless Infrastructure Sale to TowerCo.
In a press release this morning, Sprint has announced the sale of 3,300 CDMA, WiMax, and iDEN cellsites to TowerCo. for $670 million in cash with a secondary long-term leasing arrangement whereby TowerCo will provide the infrastructure necessary for Sprint to operate its wireless service operations while also handling maintenance and other logistical functions unrelated […]