T-Mobile leases 7,200 mobile towers to Crown Castle in a 28-year, $2.4 billion deal

T-Mobile's just received a hefty cash boost thanks to a tower-leasing agreement it's entered into with Crown Castle. The deal leases 7,200 wireless towers to the infrastructure firm for a term of 28 years in exchange for $2.4 billion - that T-Mobile's parent Deutsche Telekom will use to pay off debt.

Engadget , T-Mobile leases 7,200 mobile towers to Crown Castle in a 28-year, $2.4 billion deal, T-Mobile leases 7,200 mobile towers to Crown Castle in a 28-year, $2.4 billion deal