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PTI acquires tower business in Panama from American Tower

September 10, 2014

PHOENIX TOWER INTERNATIONAL ACQUIRES AMERICAN TOWER CORPORATION'S PANAMANIAN BUSINESS

BOCA RATON, FL--(Marketwired - Sep 10, 2014) - Phoenix Tower International ("PTI") announces the acquisition of American Tower Corporation's Panamanian business, which consists of approximately 60 telecommunications sites. The sites represent a mix of towers in urban and suburban locations across the country occupied by all of the major Panamanian wireless carriers.

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