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Nations Media Partners Announces Sale of Tesuque Radio Company's Communications TowersKANSAS CITY, Mo., Jan. 16, 2018 /PRNewswire/ -- Tesuque Radio Company has completed the divestiture of three communications towers located near Santa Fe, New Mexico with over 15 current tenants. John Herklotz, sole owner of Tesuque Radio Company, stated, "Justin Chamness worked tirelessly on this project for two years and was not only instrumental in procuring the perfect buyer, but was available to me at all times of the day and evening. I am very pleased with Nations' work and would highly recommend the firm for any company exploring a divestiture of their tower assets." Mr. Herklotz has owned these sites since 1975 and has committed the sale proceeds for donation to charity. Additionally, Justin Chamness, Managing Director of the Towers Division, added, "John was a great client and I cannot express how much we enjoyed working with him. The lease with the Park Services department contributed significantly to the delay in closing this transaction causing our first buyer to withdraw during due diligence. My team and I took aggressive actions, going beyond the Park Services to the Deartment of Agriculture to overcome the obstacles with this lease." The tower industry continues to experience steady growth, with the largest US Tower operator, American Tower Corporation posting a 15% growth rate in 2017. T-Mobile is launching their newly acquired 600 MHz spectrum currently, primarily in rural markets. "T-Mobile is effectively executing in six months what would normally be a two-year process," said Neville Ray, Chief Technology Officer for T-Mobile. "Nations Media Partners has become a major conduit between buyers and sellers of communications towers," said Paul Spurgeon, Founder of Nations Media Partners. "Our 20-year longevity in this industry has allowed us to leverage our long-term relationships with the industry awareness that we are the firm to choose when new entrants are looking for acquisitions for growth and our seller's success in completing a transaction is a result of that dedication and connections in the industry." ABOUT NATIONS MEDIA PARTNERS: Nations Media is a leading Technology and Communications Merger & Acquisition Advisory firm founded in 1996, completing over $3 billion dollars in closed transactions. The tower division has been active since the birth of the industry in 1997. For more information, visit: www.nationsmedia.com. Media Contact:
SOURCE Nations Media Partners 
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