Entry into a Material Definitive Agreement, Financial StatementsDefinitive Material Agreement • October 4th, 2012
On September 28, 2012, Crown Castle International Corp., a Delaware corporation ("Crown Castle"), T-Mobile USA, Inc., a Delaware corporation and a subsidiary of Deutsche Telekom, AG ("T-Mobile"), and certain T- Mobile subsidiaries (the "T-Mobile Contributors" and, together with T-Mobile, the "T-Mobile Parties") entered into a Master Agreement (the "Master Agreement") pursuant to which Crown Castle will have the exclusive right to lease, operate or otherwise acquire up to 7,180 T-Mobile wireless communications sites (the "Sites") for approximately $2.4 billion in cash at closing (subject to certain conditions and adjustments, including adjustments based on the actual number of Sites included at closing). The following summary of certain provisions of the Master Agreement is qualified in its entirety by reference to the terms and provisions of the Master Agreement filed herewith as Exhibit 10.1 and incorporated herein by reference.
