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 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.

Verizon Communications will give infrastructure firm Vertical Bridge rights to lease, operate and manage thousands of mobile phone towers for $3.3 billion, it said on Monday, unlocking more cash ...

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 ...

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 ...

The deal, covering 6,339 towers across all 50 U.S. states and Washington D.C., includes upfront cash proceeds of $2.8 billion. The towers will be leased back to Verizon for 10 years, with an ...

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 ...