MetroPCS’s shareholders approved the merger with T-Mobile. The deal is sealed, and should close within the next 7 days.
For (1) most MetroPCS cell site landlords, (2) a few T-Mobile landlords, and (3) likely all landlords with a MetroPCS and T-Mobile lease atthe same site, you should start planning for the early termination of a . . . → Read More: T-Mobile MetroPCS Deal Done – Closing on May 1
Breaking new: Dish Network offers $25.5 B to buy Sprint. This is a counter to Japan’s Softbankl offer of $20.1 B to buy 70% of Sprint. This effectively puts Clearwire back in play, too.
Don’t you love it when the game gets exciting? Yeah, me too!
More to follow.
. . . → Read More: Dish Offers $25.5B to buy Sprint: ‘You can hear a satellite drop.’
AGL Magazine‘s Wireless Infrastructure Conference will be coming to Irvine Marriott in Irvine, California on April 18, 2013. If you want to know about what’s happening in the trenches of wireless, and where those trenches lead, this is the conference to attend.
AGL’s regional conferences are, in my opinion, one of the best sources . . . → Read More: AGL Magazine’s Wireless Infrastructure Conference: Irvine 4/18/13
California Assembly Bill 162
[Updated March 28, 2013] [Updated March 24, 2013] [Updated March 23, 2013] [Original March 22, 2013]
[Update/Heads-Up: I've received a copy of Assembly Member Holden's Fact Sheet on AB 162, which has been christened the "Broadband Expansion Act." I've rechristened it the "Wireless Industry Gift and Public Exclusion Act of . . . → Read More: Urgent: California 6409(a)/Shot Clock Law Floated in Sacramento
That’s the question that my colleague and friend, John Pestle discusses in his latest blog post at:
Recommended; interesting reading.
The FCC voted to approve T-Mobile’s application to acquire MetroPCS.
The next step–and perhaps the last real hurdle before the merger can be completed–is an affirmative vote of MetroPCS shareholders during a scheduled April 12 shareholders meeting.
For MetroPCS site landlords, this is a major step towards the shuttering of some 10,000 MetroPCS sites. See . . . → Read More: FCC OKs T-Mobile/MetroPCS Merger: Free Lease Analysis for Landlords
Now it gets interesting.
As I previously reported, (Soft)Sprint is trying to buy up the shares of Clearwire not already owned by Sprint. They offered $2.97 per share.
Enter, now, Dish Network with an unsolicited offer to purchase Clearwire at $3.30 per share.
Needless to say, Sprint’s not too impressed with the Dish offer.
Now . . . → Read More: Clearwire: “You’re Such a Dish!”
…their merger is approved by the federal government. This represents about 87% of all of the MetroPCS sites, excluding the DAS nodes. MetroPCS estimates that this will save them…really, T-Mobile…about $7B in site lease costs.
Doing some back-of-the-napkin calculations based on a 25 year average term, a $7B savings would work out to average blended . . . → Read More: T-Metro Says It Will Shutter 10,000 MetroPCS sites if…
Just sent out by Sprint…a 4 a.m. press conference? Seems like they’re about to announce their deal with ________________.
Sprint to Hold Webcast
OVERLAND PARK, Kan. (BUSINESS WIRE), October 15, 2012 – Sprint (NYSE: S) will hold a special webcast at 4:00 a.m. ET on October 15, 2012. Interested investors, analysts and . . . → Read More: 4 a.m. EDT Webcast: Is Sprint going…going…gone?
Increasingly, wireless telecommunications landlords are being approached by firms representing their wireless carrier tenants for the purpose of securing a reduction in the rent and/or rent escalator the carrier pays to the landlord. Sometimes the demand is for a ‘rent vacation’ for up to several years.
Generally, the process described above is called, “Lease . . . → Read More: Lease Optimization – that old familiar story