SureWest divests wireless tower network (USA)

SureWest Communications (California-based telco) is ready to vend its telecoms tower network to Global Tower Partners for between USD9.5 million and USD10.2 million. The sale of the network of 52 cellular transmission towers follows a deal earlier this year which saw Verizon Wireless take over SureWest’s entire wireless customer base. According to SureWest, they are planning to use the proceeding of the sale to develop its core broadband internet business.