Cases & Deals

Sprint Nextel sells 3,300 cell towers to TowerCo for $670 million

Clients Sprint Nextel Corporation

Jones Day provided advice to Sprint Nextel Corporation in connection with its agreement to sell approximately 3,300 cell towers to TowerCo for approximately $670 million in cash and lease back space on the cell towers following the closing of the sale. Additionally, the two companies have entered into a long term leasing agreement where TowerCo will provide Sprint Nextel with wireless communications towers to support the company's CDMA, iDEN and WiMAX networks.

We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.