AT&T seeking buyers for wireless towers, Bloomberg reports

theflyonthewall.com

AT&T (T) is working with TAP Advisors and JPMorgan to find buyers for its wireless towers, Bloomberg reports, citing people familiar with the matter. The sale could net about $5B and possible buyers include Crown Castle (CCI), SBA Communications (SBAC) and American Tower (AMT), Bloomberg added. Shares of AT&T are up 23c to $34.80 following the report.

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