In a separate agreement, OnSite will provide AT&T with use of its in-building telecommunications facilities when AT&T has customers in the property, providing the building owner consents. This will allow those customers quick, efficient connection with AT&T's advanced services.
AT&T is making a $50-million investment in OnSite, a combination of equity financing and senior secured debt that will be used by the firm for market expansion and build-out of its North American market networks.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.