T Mobile reportedly looking to sell their wireless towers to raise $3 billionWith the AT&T and T-Mobile deal falling through, it certainly looks like T-Mobile is trying its best to stay afloat. The company had recently closed down 7 of its call centers in a bid to save money, and in an effort to raise more money for itself, according to the reports it looks like the carrier has approached TAP Advisors LLC in help sell some of its wireless towers and are hoping to raise as much as $3 billion.

This plan was apparently conceived last year but was put on hold due to the impending acquisition of T-Mobile by AT&T which was valued at $39 billion. We guess the carrier assumed that the deal would have gone through without a hitch and they would not have to sell off its assets, but it looks like they’re revisiting that plan again in an effort to raise more money for possible spectrum purchase and network expansion. This could also possibly have something to do with the company requiring additional funds if they are hoping to launch their LTE network which is currently planned for 2013.

This article was filed in Homepage > Cellphones and was tagged with T-Mobile. The story was spotted on bloomberg
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