Verizon in $3.3 billion mobile tower deal with infrastructure firm Vertical Bridge
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.
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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