SBA Communications Corporation acquired Oi S.A. tower portfolio - 1,641 towers (Brazil) for $463.2 million cash, a transaction completed in December 2014, structured as all cash.
Oi S.A. tower portfolio - 1,641 towers (Brazil) operates in Wireless towers - Brazil, is based in Brazil. On December 1, 2014 SBA acquired an additional 1,641 towers in Brazil from Oi S.A., paid entirely in cash. It was the third SBA-Oi tower transaction and further consolidated SBA's Brazilian tower position.
Third tranche of Oi towers, extending SBA's Brazilian tower ownership.
Advisory firms were not disclosed for this transaction.