AT&T and Peppertree Capital Agree to Tower Transaction Valued at Up to $680 Million
October 25, 2019
October 25, 2019
DALLAS, Texas, Oct. 25 -- AT&T issued the following news release:
AT&T Inc. (NYSE: T) has announced that it agreed to a sale-leaseback of its remaining domestic company-owned wireless towers to Peppertree Capital Management, Inc. Under the terms of the sale, valued at up to $680 million, Peppertree will purchase more than 1,000 AT&T towers, and AT&T will lease back capacity on the towers from Peppertree.
The sale is consistent with AT&T's plans to m . . .
AT&T Inc. (NYSE: T) has announced that it agreed to a sale-leaseback of its remaining domestic company-owned wireless towers to Peppertree Capital Management, Inc. Under the terms of the sale, valued at up to $680 million, Peppertree will purchase more than 1,000 AT&T towers, and AT&T will lease back capacity on the towers from Peppertree.
The sale is consistent with AT&T's plans to m . . .