JTower and NTT Docomo have decided to enter into a master transaction agreement with the aim of promoting infra-sharing of the latter’s existing towers.
The contract will enable the companies to make a transaction in which 6,002 telecommunications towers owned by mobile operator NTT Docomo will be transferred to JTower. NTT Docomo will lease these towers from JTower as part of the deal.
“JTower positions the purchase of existing telecommunications towers owned by telecommunications companies and the promotion of infra-sharing by attracting new tenants to these towers to be one of the key growth strategies. The transaction will greatly expand its business foundation as a tower sharing operator,” the company said in a release.
