Phoenix Tower International enters into a contract to acquire the rights to over 600 wireless communication tower sites from T-Mobile in the United States

August 3, 2015 – Phoenix Tower International (“PTI”) announces that it has entered into a contract with
T-Mobile  to  acquire  the ownership or management rights relating to approximately 600 wireless
communication tower sites including the exclusive right to manage and operate the sites from T-Mobile
(“T-Mobile”)  via  PTI’s local US subsidiaries.    “We are incredibly excited to  transact  with T-Mobile  and
believe these locations are well situated for additional lease-up opportunities as the wireless operators
continue to expand and improve their networks.  The PTI management team has significant experience
operating and leasing tower sites in the United States and is thrilled to have a significant portfolio of high
quality sites in the United States to offer to our customers.  Furthermore, this transaction represents
another milestone in Phoenix Tower’s expansion and allows us to service our customer’s strategic needs
across the Americas”  stated Dagan Kasavana, Chief Executive Officer of Phoenix Tower International.
Terms of the transaction remain confidential between the parties.

TD Securities (USA) LLC served as M&A Advisor to PTI and provided financing for the transaction.  Locke
Lord, LLP  acted as legal advisor to PTI.  TAP Advisors  served as exclusive financial advisor to T-Mobile.  
Lape Mansfield Nakasian & Gibson, LLC acted as legal advisor to T-Mobile.
 
About Phoenix Tower International:
Phoenix Tower International  (“PTI”)  owns and operates towers and other wireless infrastructure and
related sites throughout Latin America, the Caribbean and the United States.  PTI was founded in 2013
with a mission to  be  a premier site provider to wireless operators across various high-growth markets
internationally.   Phoenix Tower International  and its affiliates  currently  own and  operate wireless
infrastructure in Costa Rica, Panama, the Dominican Republic, Colombia the United States and Brazil.  PTI’s
investors include funds managed by Blackstone Tactical Opportunities, as well as various members of the
management team.    PTI is based in Boca Raton, Florida.   For more information about Phoenix Tower
International, please visit www.phoenixintnl.com
     
Phoenix Tower Contact Information:
Natalya Kashirina, Vice President, Mergers and Acquisitions
(561)-257-0557
nkashirina@phoenixintnl.com