GREENWICH, Conn.–(BUSINESS WIRE)–Strategic Wireless Infrastructure Funds Management (“Strategic Wireless”), announced today that through its affiliate, SWI Funds Tower Holdings, LLC, it has completed the acquisition of two separate portfolios consisting of a combined 19 cell towers and related assets.
The towers are located throughout Alabama, Florida and Georgia and are strategically situated close to interstates, highways, major thoroughfares and/or densely populated metropolitan areas. Most of the towers are relatively newer construction and serve the top-tier wireless carriers, as well as two utility companies, who serve as tenants.
Jerry Sullivan, CEO of Strategic Wireless stated, “We continue to execute on our vision of investing in, and aggregating, essential telecommunications infrastructure assets with high credit-quality tenants. We are excited to continue expanding our portfolio with these latest acquisitions.”
About Strategic Wireless
Strategic Wireless is an investment manager, capital partner and holding company focused on acquiring, developing and managing telecom infrastructure assets that support broadband connectivity. To help achieve its investment objectives, Strategic Wireless establishes mutually beneficial partnerships with wireless carriers and select independent operators and developers throughout the U.S. The company’s goal is to align interests, provide transparency and offer fair pricing to ensure longstanding working relationships for years to come.