+
AT&T Raises $850 Million Through RE Sale-Leaseback with Reign Capital
ECONOMY & POLICY

AT&T Raises $850 Million Through RE Sale-Leaseback with Reign Capital

AT&T has secured $850 million by selling and leasing back underutilised central office facilities housing its legacy copper networks to real estate firm Reign Capital. The telecom giant plans to phase out most of its copper network operations by 2029 as customers transition to fibre optics and wireless technologies, which require less space and offer improved speed and reliability. 

The sale-leaseback agreement allows AT&T to retain only the necessary space for network operations while unlocking capital. The deal, finalised in early January, involves 74 properties nationwide but affects only a small portion of AT&T's central offices. The company confirmed that the transaction will not impact jobs or service offerings. 

(ET)              

AT&T has secured $850 million by selling and leasing back underutilised central office facilities housing its legacy copper networks to real estate firm Reign Capital. The telecom giant plans to phase out most of its copper network operations by 2029 as customers transition to fibre optics and wireless technologies, which require less space and offer improved speed and reliability. The sale-leaseback agreement allows AT&T to retain only the necessary space for network operations while unlocking capital. The deal, finalised in early January, involves 74 properties nationwide but affects only a small portion of AT&T's central offices. The company confirmed that the transaction will not impact jobs or service offerings. (ET)              

Related Stories

Gold Stories

Next Story
Infrastructure Urban

India’s Global CE Connect

India’s construction equipment industry is entering a phase where scale is increasingly being matched by productivity, technology, localisation and lifecycle economics. Against this backdrop, bauma ConExpo India 2026, scheduled for September 15-18 at the India Expo Centre, Greater Noida, will bring the global and Indian construction machinery ecosystem together.The eighth edition is expected to be the largest yet, with the exhibition sold out across around 1.45 million sq ft. More than 1,100 exhibitors from over 100 countries are expected to participate, with visitor numbers projected to exc..

Next Story
Real Estate

Orris, Godrej Properties Settle Dispute Over Gurugram Project

Orris Infrastructure and Godrej Properties Limited have reached an amicable settlement over matters related to the jointly developed Godrej Air project in Gurugram, bringing an end to the dispute between the two companies.The Bombay High Court, while hearing a petition filed by Orris Infrastructure, ordered the immediate and unconditional release of Orris Managing Director Amit Gupta on August 25, 2026, after being informed about the settlement agreement between the parties.A single-judge bench led by Justice Milind N. Jadhav noted that in view of the settlement agreement signed by both compan..

Next Story
Infrastructure Urban

Panasonic Launches Second Cycle of Startup Co-Creation Programme

Panasonic Life Solutions India (PLSIND), through its IGNITION Open Innovation platform, has announced the second cycle of Co.lab Studio, a startup collaboration initiative focused on developing scalable digital services and solutions.The new cycle will focus on Safety & Security and Daily Living solutions for communities by leveraging Panasonic’s AI and IoT-enabled connected living platform, MirAIe. The programme aims to help startups move from innovation concepts to pilot deployments, platform integrations and commercialisation-ready solutions.The first cycle of Co.lab Studio received 1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code