T-Mobile/Sprint Merger Could Hurt Revenues for U.S. Cell Tower CMBS
Banking & Financial Services / United States / Mon 07 May, 2018
The announced merger between T-Mobile and Sprint has the potential to reduce future revenue in outstanding U.S. CMBS wireless tower securitizations.
Fitch considers leases in which T-Mobile and Sprint lease space on the same tower to be at a greater risk for either non-renewal or decommissioning. That said, the churn or loss of revenue would