**Editor's Note: Please click here for a recap of the biggest communications mergers in Q3 2013.**
AT&T has wrapped a deal that has the carrier leasing 9,000 cell towers and selling another 600 to independent operator Crown Castle International for $4.83 billion.
It's widely expected that AT&T might use the cash infusion to help it pursue expansion in Europe. The nearly $5 billion essentially doubles the company's cash on hand.
The U.S. government has been reluctant to approve a huge acquisition by AT&T in the States, concerned that it will significantly reduce competition and perhaps lead to price hikes for consumers. Just two years ago, the Department of Justice put up roadblocks to AT&T's proposed merger with T-Mobile — enough for America's second-largest wireless operator to give up on the transaction.
speculation has been growing
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