AT&T Sells Remaining Domestic Towers to Peppertree
AT&T agreed to a sale-leaseback of its remaining company-owned domestic wireless towers to Peppertree Capital Management. Under the deal worth up to $680 million, Peppertree will buy more than 1,000 AT&T towers and AT&T will lease back capacity on the…
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towers. “The sale is consistent with AT&T’s plans to monetize non-strategic assets as it continues to pay down debt,” AT&T said Friday.