The new owner acknowledges that it will take time for BT to leave the property and for a design to be decided upon, therefore it will be many years before anyone can purchase a stay.
On Wednesday, BT Group announced that it has reached a deal to sell MCR Hotels the £275 million West End skyscraper, which stands at 177 meters (581 feet) in height.
The telecoms company clarified that the grade II listed communications tower was becoming more and more out of date due to the transition to digital services.
The vital role that towers played in UK communications has increasingly been supplanted by BT Group’s fixed and mobile networks.
Over ten years ago, its microwave aerials were dismantled.
It used to be the highest building in London.
According to a statement, “The BT Tower is one of the primary global interchange hubs for live television and has long been a significant location for BT Group’s Media & Broadcast division.
Advertisement “The Media & Broadcast division has been moving services to its cloud-based platform as part of its long-term strategy, which will make the transition to more contemporary and effective facilities easier.
