AT&T inks $4.85 billion deal to lease, sell wireless towers to Crown Castle International

  • Article by: Associated Press
  • Updated: October 20, 2013 - 6:55 PM

DALLAS — AT&T is leasing or selling the rights to 9,700 wireless towers for $4.85 billion as it generates cash to buy back stock, fund an acquisition and upgrade its cellular telephone system.

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