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Communications Tower REIT Strikes Deal With T-Mobile

Wireless Provider Secures 'Enhanced' Access to Support 5G Network Plans
The latest agreement with T-Mobile reflects the increased demand for access to communications towers such as those owned by American Tower. (Getty Images.)
The latest agreement with T-Mobile reflects the increased demand for access to communications towers such as those owned by American Tower. (Getty Images.)
By Thomas Buchanan
CoStar Research
September 22, 2020 | 11:17 P.M.

American Tower, one of the largest U.S. real estate investment trusts by market capitalization, announced a new master lease agreement with wireless service provider T-Mobile to provide what it called "enhanced access" to its communications towers to support the carrier's 5G network plans.

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