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Ntelos announced it has reached an agreement to sell up to 103 of its towers to Grain Management

Regional telecommunications operator Ntelos announced it has reached an agreement to sell up to 103 of its towers to an affiliate of private-equity firm Grain Management for approximately $41 million.  As part of that deal, Ntelos will enter into a lease agreement to continue accessing those towers in serving its western markets.

Read the full article here: http: //www.rcrwireless.com/20150120/carriers/ntelos-to-sell-towers-in-funding-move-tag2