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News Breaks | | | | September 28, 2012 | | 08:23 EDT |  | CCI, DT | Crown Castle and T-Mobile USA announce $2.4B tower transaction
Crown Castle International announced that they have entered into definitive agreements pursuant to which Crown Castle will acquire rights to approximately 7,200 T-Mobile towers for $2.4B in cash at closing. Under the definitive agreements, Crown Castle will have the exclusive right to lease and operate the T-Mobile towers for a weighted average term of approximately 28 years. In addition, Crown Castle will have the option to purchase such towers at the end of the respective lease terms for aggregate option payments of approximately $2.4B, which payments, if exercised would be primarily between 2025 and 2048. The transaction is expected to close in Q4 of 2012. | |
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News For CCI;DT From The Last 14 Days Check below for free stories on CCI;DT the last two weeks. |
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| May 17, 2013 | | 06:49 EDT |  | CCI | Crown Castle initiated with an Equal Weight at Barclays
 Subscribe for More Information | | | May 14, 2013 | | 17:48 EDT | | CCI | Lone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES). | |
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