June 21, 2012 at 12:46 PM EDT
American Tower, Crown Castle Vie For T-Mobile Towers
Cellular tower operators American Tower (AMT) and Crown Castle International (CCI) are among the companies reportedly bidding for T-Mobile USA's cell tower assets. T-Mobile, a unit of Deutsche Telekom, is looking to sell its roughly 7,000 antenna towers in the U.S., which could raise $2 billion, Bloomberg reported Thursday. T-Mobile would use the cash to buy wireless spectrum and make network enhancements, as well as rent back antenna space on the
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