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 said it needs the extra height for the tower to fill a gap in coverage. The rule is in place so cell towers don't stick out in residential areas, said Pamela Cole, an assistant city ...

A lawsuit filed by 21 property owners likely won’t delay the construction of a cell tower at the Sauk Prairie High School athletic field.

Verizon has previously sold tower assets, notably in 2015. At the time, it parted the rights to lease and operate about 11,000 towers to American Tower Corp. for an upfront payment of $5bn.

The tower near the Eaglebrook neighborhood would be separated by a row of 20- to 30-foot-tall pine trees and Bent Tree Drive. Verizon said the tower would be 243 feet away from the closest house.

Verizon (NYSE: VZ) considers selling 5,000-6,000 US mobile towers, potentially yielding over $3 billion, sources cite Bloomberg. In 2015, Verizon sold 11,000 towers to American Tower Corp (NYSE ...

Key Takeaways 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 ...

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 ...

Verizon Communications reached a $3.3 billion deal that gives Vertical Bridge the exclusive rights to lease, operate and manage thousands of wireless communications towers over at least 10 years.

Infrastructure company Vertical Bridge is set to pay US carrier Verizon $3.3 billion for the exclusive rights to lease, operate, and manage more than 6,000 towers across America. The announcement ...