Verizon Leases 6,339 Towers to Vertical Bridge for $3.3 Billion
CONFIRMED90% CONFIDENCEThe release is datelined "September 30, 2024" and says Verizon[1] and Vertical Bridge "today announced they have entered into a definitive agreement".
Verizon agreed to give Vertical Bridge exclusive rights to lease, operate and manage 6,339 of its towers across all 50 states and DC for about $3.3 billion, with roughly $2.8 billion paid up front and Verizon leasing capacity back as anchor tenant.
$3.3B
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