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.
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 ...
Verizon generated revenues of $134.0 billion in 2023, and Vertical Bridge, headquartered in Boca Raton, Florida, is the largest private owner and operator of communications infrastructure and ...