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Verizon Leases Over 6,300 Wireless Towers To Vertical Bridge For $3.3 Billion
Tuesday October 1, 2024. 12:00 PM , from Slashdot
The US carrier said its latest deal with Vertical Bridge supports existing efforts to drive tower-related costs. 'As the nation's largest mobility provider, we are well positioned with greater financial flexibility to invest in our business, return value to our shareholders and make the nation's best network even better for customers,' said Hans Vestberg, chair and CEO of Verizon. The transaction is expected to close by the end of 2024, subject to closing conditions. Earlier this month, Verizon announced a deal to acquire Frontier Communications for $9.6 billion. Read more of this story at Slashdot.
https://slashdot.org/story/24/10/01/010256/verizon-leases-over-6300-wireless-towers-to-vertical-brid...
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