Spectrasite and AAT in Talks?
An unconfirmed and undocumented rumor- but I have heard that Spectrasite and AAT are in talks. Spectrasite needs a deal to increase their number of sites and AAT's portfolio of towers would fit nicely. AAT has a significant number of managed sites as well which would blend into Spectrasite's managed portfolio well.AAT is cash positive and Cequel, the owner of AAT has a history of building up companies and flipping at the right time. I, for one, don't know if the market will get any better after the multiples that we have been seeing for tower deals lately.
posted by Steel in the Air @ 6:45 AM
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