T-Mobile's just received a hefty cash boost thanks to a
tower-leasing agreement it's entered into with Crown Castle.
The deal leases 7,200 wireless towers to the infrastructure firm for a term of
28 years in exchange for $2.4 billion -- that T-Mobile's parent Deutsche
Telekom will use to pay off debt. As part of the contract,
Crown Castle can buy
the towers outright when the deal ends in 2040 for a further $2.4 billion --
and is planning to make money by adding another tenant to T-Mobile's system, so
depending on your carrier, you might find your coverage suddenly getting a lot
better. 
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