New York-based Melody Investment Advisors entered into an agreement to acquire CTI Towers Inc. from Comcast Ventures, the Comcast Corporation's venture investment arm.
The deal is expected to close later this year and the terms of the transaction were not disclosed.
Based in North Carolina, CTI towers owns and operates approximately 1,150 wireless towers in 47 states that are leased by AT&T, T-Mobile and Verizon.
“We are excited about the addition of CTI Towers to our rapidly growing portfolio of communications infrastructure assets and pleased about the . . .
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