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Home arrow Home arrow Saga sells a tower in southern New Hampshire
Saga sells a tower in southern New Hampshire
Saga sells a tower in southern New Hampshire

Saga sells a tower in southern New Hampshire
, to consolidator SBA Communications of Boca Raton. The radio group’s CEO Ed Christian told his latest quarterly call “I could keep talking about” the subject of towers, transmitters, and cap-ex “for some time” – so he’s aware of the options. We’re not seeing the dollar volume of tower sales of several years ago, when iHeart offloaded about 400 sticks to Vertical Bridge for a potential $400 million. In late 2016, Saga sold one of its towers in Tidewater Virginia, though on his recent call, CEO Christian also talked a “tower acquisition.” Deal credits for the sale of this tower in Fitzwilliam, NH - Michael Diamond was the point-person for publicly-traded SBA Communications. Broker was Michael Bergner.