With
the news that Global Tower Partners was being shopped, many companies were
looked at to see if there was any interest in GTP’s 6,400 towers. Jason de
Bruyn wrote for the Triangle Business Journal that, “TowerCo CEO Richard Byrne said a transaction of that size isn’t a right fit
for his company right now.”
Byrne explained that TowerCo shied away from this deal
because last year they sold 3,250 towers to SBA for $1.45 billion and he has private
investors lined up do that again.
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