Verizon Signs $3.3B Tower Lease Deal With Vertical Bridge
Verizon and broadband tower company Vertical Bridge signed a 10-year lease deal worth $3.3 billion. The agreement gives Vertical Bridge exclusive rights to more than 6,000 towers in the U.S. from subsidiaries of Verizon.
Verizon Agrees $3.3 Billion Towers Deal With Vertical Bridge
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.
Verizon Strikes $3.3 Billion Tower Deal With Vertical Bridge
Verizon Communications reached a $3.3 billion deal to sell thousands of wireless communications towers across the country to Vertical Bridge and lease them back over at least 10 years.
Verizon to sell mobile towers to infrastructure firm Vertical Bridge in $3.3 billion deal
Verizon Communications will sell thousands of mobile phone towers to digital infrastructure firm Vertical Bridge in a $3.3 billion deal, it said on Monday, unlocking more cash for the dominant U.S. wireless carrier to bolster its network.
Verizon’s stock heads for a 2-year high after $3.3 billion tower deal
Verizon’s stock was rising toward a two-year high Monday, after the telecommunications company announced deal valued at $3.3 billion to lease out its wireless-communications towers.
Verizon and Vertical Bridge agree to $3.3 billion tower transaction
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 to 50 years.
Verizon in $3.3 billion mobile tower deal with infrastructure firm Vertical Bridge
U.S. wireless carrier Verizon Communications will give digital infrastructure firm Vertical Bridge exclusive rights to lease, operate and manage thousands of mobile phone towers in a $3.3 billion deal,
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