Verizon Communications has made a deal to sell the rights to lease, operate and manage more than 6,300 towers across the United States to telecom infrastructure company Vertical Bridge for $3.3 billion.
Ron Bizick, president and CEO of Vertical Bridge, said that the deal...
While mobile network operators clamor for additional spectrum in order to meet demand, tower companies are in a win-win situation. They benefit whether that demand is met by additional spectrum deployments or via network densification.
During a panel at last week's Connect(X) event, infrastructure...
Vertical Bridge has agreed to construct these towers with Verizon as the anchor tenant
U.S. carrier Verizon signed a deal with Vertical Bridge to build cell towers across the country to expand its 4G and 5G services. In a release, Verizon said that Vertical Bridge...
Harmoni Towers said that the combined company will own and operate towers across 41 states in the U.S.
Harmoni Towers, which is owned by investment company Palistar Capital, announced that it has agreed to acquire Parallel Infrastructure from funds managed by affiliates of Apollo Global...
The residential real estate market is hot across the United States -- and it turns out, so is the market for telecom infrastructure, especially towers, according to a panel of industry observers during WIA's virtual Connect(X) Capital and Finance Summit 2021.
The telecom market was...
Blair Crawford, vice president of National Accounts & Marketing at Vertical Bridge, discusses the company's recent deal with Dish and shares her perspective on what's in store for 2021 as we wait to see the impact from the highly popular C Band auction.
Network infrastructure company Vertical Bridge has acquired tower company Eco-Site, in a move that expands Vertical Bridge's site portfolio to nearly 290,000 sites across the 50 U.S. states plus Puerto Rico and includes more than 20,000 owned towers.
Financial terms of the deal were...
For a tower company to be meaningful and to be at scale, it has to stay private and be permanent. Most of all, it has to partner with the customers, not squeeze them. One such tower company is Vertical Bridge, the largest private owner...
WIA CEO: 'towers are as just important for 5G as anything else'
While moderating a panel at this year’s Connect(X) virtual conference event, WIA President and CEO Jonathan Adelstein remarked that in a world consumed with 5G, it’s important to remember that towers are just...
Most would agree that while the wireless sector started 2019 off strong, it did not maintain its momentum for the whole year. Although 2019 wasn’t necessarily bad, it certainly wasn’t the sector’s best year in recent memory. Despite eye-catching headlines, much of this year’s...
NASHVILLE, Tenn.--A combination of government spending on rural broadband deployment and new network build-outs are keeping the tower industry busy, and that momentum is only expected to build as dense 5G network begin to emerge.
At the National Association of Tower Erectors show this week,...
Nearly 25 years after the introduction of mobile phones, it is still disconcertingly familiar to see people leaning against a window, holding phones in the air or rushing around as they search for the elusive indoor cellular signal. The crowds around the windows are...
Nearly 25 years after the introduction of mobile phones, it is still disconcertingly familiar to see people leaning against a window, holding phones in the air or rushing around as they search for the elusive indoor cellular signal. The crowds around the windows are...
AT&T is known as a cyclical spender when it comes to wireless network infrastructure, and the carrier's $6.5 billion FirstNet award is expected to swing the spending pendulum in a positive direction. AT&T will need to add equipment to its towers to support the...
IoT could be biggest opportunity, but not in the near term
Cable and media giant Comcast clearly intends to be a player in the market for wireless services. With tens of millions of Wi-Fi access points, an enterprise internet of things business, a mobile service...
Digital Bridge, the communications infrastructure company founded by tower investor Marc Ganzi, has bought a Texas company that owns and operates data centers. DataBank, formerly owned by a private equity firm, owns six data centers in Dallas, Minneapolis and Kansas City.
The companies did not...
Executives share outlook for carrier spending, fiber and small cells
DALLAS – Top executives from American Tower, Crown Castle, SBA Communications, Vertical Bridge and InSite Wireless shared industry insights this week with WIA President Jonathan Adelstein and an attentive audience at the Wireless Infrastructure Show.
Carrier...
Emerging technologies, the capital markets, workforce issues, public safety, changing business relationships and merger activity will all be on the agenda next week at PCIA’s Wireless Infrastructure Show. Ahead of the wireless infrastructure industry’s annual spring show, RCR Wireless News takes a brief look...
Tragic federal case consolidation
A 2014, fatal cell tower collapse in West Virginia saw action this week in the form of case consolidation. In February 2014, a tower in Clarksburg collapsed, killing two tower climbers and injuring others. The collapse caused stress on guy wires...
5 things to know today ...
1. The small cell opportunity for commercial property owners continues to grow. Vertical Bridge has made a deal to manage wireless sites at 250 real estate investment trust-owned health care facilities. Welltower is a REIT that funds real...
Tower ownership can be a risky endeavor, but it can also deliver hefty profits for those who know how to properly allocate their resources and build strong relationships with carriers.
On this weeks Cell Tower News show, Alex Gellman, co-founder and CEO of Vertical Bridge,...
Investor Marc Ganzi has completed his company's purchase of ExteNet Systems, raising more than $1.4 billion in debt and equity. That amount represents the price paid for ExteNet as well as "dry powder" to invest in ExteNet's business and in future acquisitions.
"We plan to...
LOS ANGELES – All four nationwide carriers are set to invest in small cells and distributed antenna systems next year, with the two largest carriers leading the way. That forecast comes from Marc Ganzi, the wireless investor who founded Global Tower Partners and sold...
