Sun, May 19, 2013, 1:02 PM EDT - U.S. Markets closed
American Tower Corporation (AMT) – a leading independent operator of wireless communications towers in the world plans to acquire nearly 883 towers from Mexican telecom operator Axtel for $250 million.
This equates to 283,000 per tower. Wow.
Sentiment: Strong Buy
If NIHD is selling 4500 towers will this be a 1.2b deal?
Yes. NIHD has 7,000 towers. The value of their towers alone is around $2 Billion.