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News Stories (8 Results) - Telecom

Encina Equipment Finance (EEF) announced today that it has provided a $10 million equipment lease line to a leading telecom services company. The lease line is being used to finance new equipment.EEF was represented by Reed Smith LLP.Launched in June... Read Story
November 09, 2020, 07:12 AM

Sprint Corporation entered into a transaction with several bankruptcy remote entities (collectively “Network LeaseCo”) for the sale and leaseback of certain existing network assets, which is expected to close next week and provide the company with $2... Read Story
April 07, 2016, 07:18 AM

Solaris Technologies announced that it has partnered with Briggs Equipment, Inc. as its exclusive rental partner for the Solaris Tough Tower™ product line.Briggs Equipment, Inc. will execute tower rentals for the continental United States.Solaris... Read Story
August 03, 2015, 07:11 AM

Sprint Corporation announced today that it has signed three new vendor financing facilities totaling $1.8 billion to purchase 2.5 GHz network equipment and related services from key suppliers. Sprint also amended and expanded by $300 million its... Read Story
January 08, 2015, 07:10 AM

CIT Group announced that CIT Corporate Finance provided a $35 million senior secured credit facility to Central States Tower II, LLC (CST II), a leading independent operator and developer of wireless communications towers and portfolio company of... Read Story
November 07, 2013, 06:30 AM

Whaleback Managed Services announced the "Roll In" equipment leasing program. Offered in conjunction with Clarkston Finance, the new program enables small and medium enterprises to bundle upfront telephone equipment costs into the monthly invoice for... Read Story
May 22, 2013, 07:00 AM

Sprint Nextel announced that it has entered into a new $1 billion credit facility with Deutsche Bank and a syndicate of other banks to finance equipment purchases from Ericsson for Network Vision. The borrowers under the secured credit facility are... Read Story
May 30, 2012, 07:00 AM

GE Capital's Telecom, Media and Technology (TMT) financing business today announced it had completed 38 deals totaling $3.4 billion in financing during 2011. "This has been an active year for financing across our industries," said Pete Foley, senior... Read Story
January 11, 2012, 06:15 AM