Nov 09, 2015
Vertical Bridge will gain exclusive rights to over 200 towers Vertical Bridge will have the exclusive rights to lease and operate the portfolio of Nsight towers for a weighted average term of approximately 31 years. Vertical Bridge will also have fixed price purchase options to acquire the towers based on their anticipated fair market values at the end of the lease terms. Read More >
Sep 10, 2015
Under Agreement, Clear Channel’s Portfolio of Out-of-Home Assets in 45 DMAs Will Significantly Enhance Wireless Service for Mobile Customers September 10, 2015 - Las Vegas, NV -  Vertical Bridge, the largest U.S. private owner and manager of wireless telecommunication infrastructure and Clear Channel Outdoor Holdings, Inc., (NYSE: CCO), a subsidiary of iHeartMedia Inc., today announced the signing of an exclusive multi-year agreement for the management and marketing of wireless deployment on Clear Channel Outdoor America’s (CCOA) billboards and other out-of-home assets in 45 of the top 50 U.S. markets.  Read More >
Aug 05, 2015
Tower Sale Harvests Capital from Non-Strategic Assets August 5,2015 - Greenwhich, Connecticut - Townsquare Media, Inc. (NYSE:TSQ) (the “Company”) today announced that it has entered into an agreement to sell 43 towers to a subsidiary of Vertical Bridge Holdings, LLC for approximately $22.8 million in cash, subject to closing adjustments (the “Tower Sale”). The Company will retain ownership of more than 250 towers following the Tower Sale. Read More >
Dec 11, 2014
Company Converts to Lease Arrangement To Continue To Use Those Towers To Broadcast Its Radio Stations December 11, 2014 – New York, NY – iHeartMedia, Inc. (OTCBB: IHRT), one of the leading global media and entertainment companies, announced today the sale of a select portfolio of its tower assets toVertical Bridge for up to $400 million. The transaction is subject to due diligence and other customary closing conditions. Read More >
Dec 11, 2014
CHICAGO, (December 4, 2014) — United States Cellular Corporation (NYSE: USM) today announced that it has entered into a definitive agreement with Vertical Bridge Holdings, LLC to sell 595 towers for approximately $159 million. The transaction is expected to close in the first quarter of 2015. Read More >

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