As part of its focus on financial health and customer affordability, pg&e agrees to $973 million sale of transmission tower wireless licenses to sba communications corporation

San francisco--(business wire)--today, pacific gas and electric company (pg&e) announced that it has entered into a definitive agreement with a wholly owned subsidiary of sba communications corporation (nasdaq: sbac) (sba or sba communications) to sell its license agreements with wireless providers that attach their equipment to certain electric transmission towers and other utility structures. the arrangement also allows the sba subsidiary to continue to market and sublicense access to the
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