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Verizon Communications has agreed to sell over 6,300 wireless towers to Vertical Bridge, a major U.S. infrastructure provider ...
Ron Bizick, president and CEO of Vertical Bridge, said that the deal was the largest U.S. tower transaction in nearly a ...
Verizon Communications (VZ) on Monday agreed to a $3.3 billion deal to give Vertical Bridge exclusive rights to lease, operate and manage thousands of its wireless communications towers across the US.
Verizon Communications Inc., the biggest wireless carrier in the US, has agreed to sell the rights to lease thousands of mobile phone towers to digital infrastructure firm Vertical Bridge.
Under the terms, Verizon will enter into a 10-year agreement 1 to lease back capacity on the towers from Vertical Bridge, serving as the anchor tenant, with options that could extend the lease term up ...
Verizon generated revenues of $134.0 billion in 2023, and Vertical Bridge, headquartered in Boca Raton, Florida, is the largest private owner and operator of communications infrastructure and ...