Categories: Uncategorized

NTelos Selling Assets – to What End?

NTelos, a regional wireless operator, serving 270K subscribers in VA and WV, sold the last of its cell towers to a private equity firm last month. Grain Management bought 103 cell towers for $41 million (~$400K per tower) and will lease back to nTelos with the option to reserve capacity. In December, nTelos sold its 1900 MHz spectrum licenses for $56 million to T-Mobile. NTelos stated that it is scaling back its eastern presence to build out in the west, where it currently serves just 180K subscribers.   We’ll keep you updated.  Read More

Ken Schmidt

Recent Posts

SITA’s Good and Bad for 2025

Good and Bad for 2025Rather than the usual brag-fest, here's what actually happened in 2025—the…

2 months ago

DISH Wireless Lease Excuse Letter

In October 2025, Steel in the Air obtained a letter sent by DISH Wireless LLC…

7 months ago

Edge Data Centers at Tower Sites: The High Bar and the Real Opportunity

Over the last decade, we’ve heard plenty of talk about how cell tower sites would…

9 months ago