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109 Verizon Leases Over 6,300 Wireless Towers To Vertical Bridge For $3.3 Billion

Slashdot
BeauHD @ Slashdot 1 place · today 06:00 EDT

Verizon Leases Over 6,300 Wireless Towers To Vertical Bridge For $3.3 Billion

Vertical Bridge has acquired the rights to lease and operate over 6,000 wireless towers from Verizon for $3.3 billion as part of a 10-year agreement, with potential extensions of up to 50 years. Capacity Media reports: "Upon the completion of this transaction, these assets, together with our existing portfolio which includes thousands of young, purpose-built towers, enhance Vertical Bridge's position as a fast, friendly, and flexible colocation partner to the wireless industry," said Ron Bizick, President a

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