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jones · 11-13-2006, 6:39 PM

http://today.reuters.com/news/articl...COM-URGENT.XML

SunCom Wireless to sell 69 wireless towers
Mon Nov 13, 2006 6:04 PM ET

Nov 13 (Reuters) - SunCom Wireless Holdings Inc. <TPC.N> on Monday said it agreed to sell 69 wireless communication towers in its U.S. markets to a subsidiary of SBA Communications Corp. <SBAC.O> for $18 million.

After the closing of the deal, SunCom will lease the towers back under 10-year site lease agreements.

The deal will also have four five-year lease renewal options, SunCom said in a statement

agentHibby · 11-13-2006, 7:07 PM

I though over a year ago they sold all their towers to a tower rental company.

Guess I wrong on that one.

11-13-2006, 6:39 PM	#1
jones Join Date: Nov 2002 Posts: 3,425 Thanks: 0 Thanked 0 Times in 0 Posts	SunCom Wireless to sell 69 wireless towers http://today.reuters.com/news/articl...COM-URGENT.XML SunCom Wireless to sell 69 wireless towers Mon Nov 13, 2006 6:04 PM ET Nov 13 (Reuters) - SunCom Wireless Holdings Inc. <TPC.N> on Monday said it agreed to sell 69 wireless communication towers in its U.S. markets to a subsidiary of SBA Communications Corp. <SBAC.O> for $18 million. After the closing of the deal, SunCom will lease the towers back under 10-year site lease agreements. The deal will also have four five-year lease renewal options, SunCom said in a statement __________________ - 3 Billion GSM Users by 2009. - 700 GSM Carriers in 220 Countries - 82% of the Global Market 45,000 Cell Sites and Adding.

11-13-2006, 7:07 PM	#2
agentHibby Iowa Cellular Guru Join Date: Sep 2003 Location: SID 150 or 1214 Posts: 3,472 Phone(s): Nokia 6256i, (retired) Motorola V120c, Timeport 270c, Nokia 252 (Airtouch) Provider(s): Verizon Wireless Thanks: 0 Thanked 0 Times in 0 Posts	Re: SunCom Wireless to sell 69 wireless towers I though over a year ago they sold all their towers to a tower rental company. Guess I wrong on that one. __________________ If Verizon can buy out their affiliates they would be better off.

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