AT&T secures $850 mln from sale-leaseback of real estate
AT&T Announces Structured Sale-Leaseback of Real Estate to Development Firm Reign Capital
Unlocks value in company-owned properties originally constructed for legacy network equipment AT&T realizes more than $850 million in upfront cash proceeds from the asset transfer of 74 properties located across the country Unique deal structure preserves the necessary infrastructure requirements to keep the network running smoothly,
Reign Capital is taking ownership of dozens of facilities that house equipment for the telecommunications company’s outdated ...
Dallas-based telecom giant AT&T said it has secured $850 million from its sale-leaseback of 74 underused central office ...
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The AT&T deal aligns with the Dallas-based company's strategy to exit most legacy copper network operations by 2029.
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