Friday, July 25, 2008

Sprint to Ditch 3,300 Towers

What's a cash-strapped provider to do? Either sell assets or lay-off (even) more staff, of course! Sprint Nextel chose to do the former, and sell of towers. In an arrangement with TowerCo, they will lease back these towers to focus on their core business. Looks like a good deal for both parties.
Sprint Unloads 3,300 Towers

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