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Comcast towers unit buys 120 locations from Vyve

Nov. 23, 2015 2:08 PM ETComcast Corporation (CMCSA) StockCMCSABy: Jason Aycock, SA News Editor
  • CTI Towers -- a unit majority owned by Comcast (CMCSA -1.2%) -- has bought 120 telecom towers from Vyve Broadband.
  • The subsidiary says it won't disrupt operations depending on the towers; tenants include all of the U.S. big four: Verizon, AT&T, T-Mobile and Sprint.
  • The move may raise some eyebrows, though, among those following Comcast's possible ambitions in wireless service. Last month, the company told Verizon it would execute a right to resell Verizon's airwaves and then said it was (slowly) testing its service -- perhaps a hybrid cellular/Wi-Fi service a la Google's Fi.
  • Previously: Comcast: Testing wireless service, but in no hurry to launch (Oct. 27 2015)

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