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Mobilitie raised $1.1 billion through a sale of more than 2,300...

Mobilitie raised $1.1 billion through a sale of more than 2,300 U.S. and Latin American tower and DAS sites to SBA Communications, the company said Wednesday. Mobilitie will use the cash to continue building and operating wireless infrastructure. “We will…

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continue focusing our ongoing growth across our core business lines, which include the development and leasing of wireless communication towers, and the deployment and operations of Distributed Antenna Systems and Wi-Fi networks at high capacity venues,” said Mobilitie President Christos Karmis.