AT&T Said to Be Raising Cash By Selling Cell Towers and 2 Other Dow Movers to Watch

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AT&T Inc. (NYSE:T): Current price $34.82

Unnamed sources to Bloomberg report that AT&T hopes to garner as much as $5 billion to help fund its lengthy and expensive agenda by divesting its cell towers to possible buyers like American Tower, Crown Castle International, and SBA Communications. If telecom giant does sell off its towers, it would not be the first mobile operator to do of late as tower operators are presently buying up available wireless infrastructure.

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