Apparently, the fourth largest cell phone company in the United States has gotten the ball moving already, obtaining the services of TAP Advisors to explore a sale, according to Bloomberg. A potential sale could garner as much as $3 billion.
Although this move makes much sense, T-Mobile has yet to come out and make any word of a tower sale official, as the company stated to AllThingsD: “A tower sale remains under consideration.” The company also added, “T-Mobile USA continues to evaluate a tower sale as part of its self-funding strategy, but [we] have no specific plans to detail at this time.”
Reading between the lines, the Bloomberg report might not be off base. Ultimately, we may not know if T-Mobile is indeed planning to sell off some of its towers, but it does bring the suspicion of them working behind the scenes to raise cash.
Regardless, after AT&T failed to buy T-Mobile, the company has been refocused on vastly improving its network. This ramped up dedication grew when parent company Deutsche Telekom signed off on a $4 billion investment to help upgrade the T-Mobile network to support LTE. This caused the company to layout details of its 4G LTE expansion.
Thanks to AT&T’s botched deal, DT will be able to reuse current spectrum as well as spectrum gained as part of the breakup fee. Now the death star will be responsible for making T-Mobile way better, who would have thunk it?
