T-Mobile US and American Tower have signed a new long-term agreement which will enhance T-Mobile’s access to American Tower’s U.S. sites, both companies said in a release.
The deal is expected to deliver up to $17 billion in incremental revenue for American Tower.
The infrastructure deal will also facilitate T-Mobile’s deployment of 5G technology nationwide.
“Wireless mobility has never been more critical for consumers and businesses alike, and as technology continues to advance into 5G and beyond, that will only increase,” said Neville Ray, President of Technology at T-Mobile US. “Through our multiyear agreement with American Tower, we’ve secured T-Mobile’s ability not only to accelerate our aggressive 5G build, but also to continue to deliver connectivity for our customers well into the future.”
