Tag: Towers

Boca Raton, Fl. (March 27, 2024) Phoenix Tower International (“PTI” or the “Company”), a leading global wireless communications infrastructure provider, today announced that Grain Management (“Grain”), through its flagship funds, and BlackRock, through a fund managed by its Diversified Infrastructure business (“BlackRock”) have made a strategic investment in the Company. The investment will support PTI’s … Continued

September 3, 2019 (Washington, D.C.) Grain Management, LLC (“Grain”) has completed the sale of its nationwide portfolio of wireless communications assets to American Tower.  Through this transaction, American Tower will acquire approximately 400 towers and other related property interests, comprising one of the largest privately-held wireless portfolios in the U.S. Grain, a leading Washington, D.C.-based … Continued

Company officials at TowerCo have announced the sale of 253 towers and 95 other assets to Grain Infrastructure II, L.P., a private equity firm in Sarasota, Fla., for $244 million. The sale marks the third portfolio of towers and assets sold by TowerCo since 2008 when the company sold 430 towers to SBA Communications for … Continued

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. Ntelos had been … Continued