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Tag: towers
American Tower to buy towers for $811M
2013-08-09 19:34:07| IT Services - Topix.net
American Tower Corp. said Friday that it agreed in separate deals with wireless service provider NII Holdings Inc. to buy up to 2,790 towers in Brazil and 1,666 in Mexico for a total of about $811 million.
Tags: buy
american
tower
towers
Nextel sells Brazil, Mexico towers to American Tower
2013-08-09 17:43:00| Telecompaper Headlines
(Telecompaper) NII Holdings, the mobile operator using the Nextel brand in Latin America, has agreed to sell approximately 2,790 towers in Brazil and 1,666 towers in Mexico to American Tower in two transactions with USD 413 million and USD 398 million, respectively. Both Nextel Brazil and Nextel Mexico agreed to leaseback the towers from American Tower for a minimum twelve-year initial lease term and have the option to extend the lease for additional renewal periods. NII International Telecom, a subsidiary of NII based in Luxembourg, has agreed to provide certain credit support with respect to the obligations of Nextel Brazil. The transactions are subject to regulatory approvals, and the initial closings are expected to be completed in the fourth quarter. The initial closings are expected to include about 4,000 towers and will be followed by subsequent closings as certain closing requirements relating to the remaining towers are satisfied. NII's service coverage and new deployment plans will not be affected by this transaction.
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mexico
brazil
tower
NII Holdings agrees to sell towers in Brazil, Mexico for $811m
2013-08-09 02:00:00| Total Telecom industry news
Nextel units in Brazil and Mexico will lease back towers for at least 12 years.
Tags: sell
mexico
brazil
holdings
Abertis buys mobile phone towers from Telefonica, Yoigo
2013-08-02 02:00:00| Total Telecom industry news
$512 million deal expected to close by end of year.
Tags: phone
mobile
mobile phone
buys
Kenedy water towers brought down
2013-08-01 16:45:41| Waste Management - Topix.net
Joe Baker photo Workers use cutting torches and a crane on July 24 to take down the second of two water towers that have stood for many decades in Kenedy.
Tags: water
brought
towers
kenedy
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