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mobile development

T-Mobile Sheds Its Towers in Exchange for a $2.4B Infusion

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T-Mobile USA’s corporate parent Deutsche Telekom is selling off the rights to 7,200 U.S. cell towers to Crown Castle International for $2.4 billion. The deal will remove T-Mobile from the cell site management business, but hopefully give it some of the cash it needs to complete its $4 billion network overhaul and LTE rollout.

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