Telecom Italia may sell mobile towers in Brazil to American Tower for $1.1 bn

Telecommunication service provider Telecom Italia is likely to sell the mobile phone towers of its Brazilian unit to American Tower for $1.1 billion, said a Reuters report.

telecom tower in India rural area

According to the report, an announcement is expected on Friday.

editor@telecomlead.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Swisscom backs 6,000 mobile tower JV in Italy to accelerate 5G rollout and cut costs

Swisscom has announced a telecom tower initiative in Italy,...

AT&T Launches Unified AI-Powered App to Simplify Customer Experience

AT&T has begun rolling out its new flagship mobile...

Telecom news: Netcracker Technology, Hiya, Vodafone, Reliance Jio, BSNL

Today’s telecom news includes announcements on Netcracker Technology, Hiya, Vodafone,...

Telecom news: JD Power, Avaya, Comtech Telecommunications, Zong

Today’s telecom news includes announcements on JD Power, Avaya, Comtech...