Decoding the Verizon-Vertical Bridge Deal: What Every Cell Site Landlord Needs to Know
Podcast Summary: Verizon and Vertical Bridge's $3.3 Billion Tower Deal: What it Means for Cell Site LandlordsIn this episode of "Cell Site Insights," we dive deep into the recent landmark $3.3 billion agreement between Verizon and Vertical Bridge, where Vertical Bridge will gain exclusive rights to lease, operate, and manage over 6,300 Verizon-owned wireless communications towers across all 50 states and Washington, D.C. We explain that this massive transaction is structured as a prepaid lease, with Verizon receiving approximately $2.8 billion upfront and then leasing back capacity on the…
The skinny
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