Showing Tag: Sprint.
1. T-Mobile’s CFO Forecasts Closing Merger In Q2 2019. The FCC is expected to complete their examination of the proposed T-Mobile Sprint merger within the next six months. T-Mobile is forecasting to close the merger in the second quarter of 2019. This is according to the CFO and EVP of T-Mobile, Braxton Carter, who spoke […]Read more
Last week Sprint’s Stock (NYSE: S) hit an all-time low of $3.10, Sprint announced an decline in revenue of 8.6% year-over-year, they lost over $2 billion in free cash flow, and they lost their place as the nations third largest carrier (falling behind T-Mobile). Sprint also replaced their Chief Financial Officer, their Chief Operating Officer, and their Chief Technology […]Read more
Many of our cell tower lease landlords have been contacted by CBRE, on behalf of Sprint Nextel. When we first heard CBRE was representing Sprint in cell tower lease renewal negotiations, this came as a great surprise. CBRE is one of the largest landlord representatives, a role in which they are looking out for the property […]Read more
Sprint and T-Mobile Merger Affects On Your Cell Tower They say a picture is worth a thousands words and the above network overlap image from Mosaik reads like a book. However before we narrow our focus on individual cell towers we would like to provide you some background information on the proposed merger between Sprint and T-Mobile. […]Read more
Your Sprint Tower Lease | Recent Activity The 3rd largest US carrier is currently upgrading their cell towers with new antennas and auxiliary equipment. While upgrades take place, the parent company of Sprint, Softbank, is in talks to purchase the 4th largest US carrier, T-Mobile. Softbank purchased Sprint in October of 2012 for approximately $20 billion. Softbank’s play […]Read more