BROWSING: TowerCo
TowerCo nets $35M to grow tower biz
CARY, N.C.-TowerCo Inc., a wireless tower owner, announced it has secured a $35 million senior credit facility from CapitalSource Finance L.L.C. and plans to use the three-year, cash flow-based loan to fund an aggressive growth spurt. The company said it wants to expand from...
Nextel Partners sells towers to TowerCo
Nextel Partners Inc. said it has entered into an agreement with TowerCo Inc. to purchase, construct and own 300 cell towers for an undisclosed amount. The agreement calls for TowerCo to purchase up to 92 existing towers from Nextel Partners, predominately in the carrier's...