M&A Deal Summary |
|
|---|---|
| Date | 2012-10-18 |
| Target | Iowa Wireless - 119 Towers |
| Sector | Communications |
| Buyer(s) | TowerCo |
| Sellers(s) | Iowa Wireless Services |
| Deal Type | Divestiture |
| Deal Value | 46M USD |
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TowerCo develops and owns wireless communications towers and leases the towers' capacity to communications service providers. In addition to leasing towers, the company also markets and manages third-party towers for regional carriers. TowerCo was founded in 2004 and is based in Cary, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Communications M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: United States M&A | 2 of 2 |
| Year: 2012 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-06-26 |
TowerCo - 3 252 Towers
United States TowerCo - 3,252 Tower sites in 47 states across the U.S. and Puerto Rico. |
Sell | $1.5B |
| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Communications |
Iowa Wireless Services, LLC (dba iWireless) is a privately owned by group of 127 Independent Telephone Companies that serve 500,000 rural Iowans. Core network transport, broadcast video and Internet service via netINS are among the products offered by Iowa Network Services to telephone companies across the state of Iowa and to enterprise customers nationwide.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Communications M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2012 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
