T-Mobile US and American Tower Corporation have signed a new long-term agreement designed to drive significant value for both parties over its nearly 15-year term. The cellco notes: ‘The new agreement enhances T-Mobile’s access to American Tower’s US sites while locking in synergies and facilitating T-Mobile’s continued rapid, efficient deployment of broad and deep nationwide 5G. The agreement also provides long-term revenue growth visibility to American Tower.’
TeleGeography notes that American Tower currently owns and operates 181,000 communications sites around the world, of which more than 40,000 tower sites are said to be located in the US.