Verizon in $3.3 bln 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,
Verizon agrees $3.3bn tower sale with Vertical Bridge
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 follows speculation over the summer that Verizon was looking to find potential buyers for its tower assets.
Verizon to sell mobile towers to infra firm Vertical Bridge in $3.3 bn deal
The deal, covering 6,339 towers across all 50 US states and Washington D.C., includes upfront cash proceeds of $2.8 billion. The towers will be leased back to Verizon for 10 years
Verizon in $3.3 Billion Mobile Tower Deal With Infrastructure Firm Vertical Bridge
(Reuters) -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 for the U.S. wireless carrier to bolster its network.
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 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’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 Makes a $3.3 Billion Deal to Help Protect Its Towering Dividend
Verizon (VZ 0.04%) pays a towering dividend. The telecom giant's payout yields more than 6%, making it the highest-yielding member of the Dow Jones Industrial Average (and a top-1
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