Announced
Completed
Synopsis
Melody Investment Advisors, an alternative asset manager focused on mission-critical communications infrastructure, agreed to acquire CTI Towers, an owner and manager of wireless towers in the US. CTI Towers is majority owned by Comcast Ventures, Comcast's venture investment arm. Financial terms were not disclosed. "CTI Towers is our second significant acquisition in the past three months. We are excited about our growing platform and the unique solutions we are able to provide to carriers. As we look ahead, Melody is in a strong position to both execute on further acquisitions, as well as to expand on our tower construction and innovative financing solutions capabilities," Chester Dawes, Melody Investment Advisors Chief Operating Officer and Chief Financial Officer.
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