Home News American Tower paying $56M to buy towers from Axtel – Alfa S.A.B...

American Tower paying $56M to buy towers from Axtel – Alfa S.A.B de C.VA (OTCMKTS:ALFFF)

46
0
SHARE


American Tower (AMT -0.2%) has a deal to buy phone towers from Mexico’s Axtel (OTC:AXTLY) — part of Alfa (ALFFF -0.7%) — for $56M.

AMT’s MATC Digital unit will take over 142 towers in the deal, and Axtel will rent them back for 15 years.

The deal’s expected to close this year.



Source link

LEAVE A REPLY