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Press Releases

Press Releases

Shenandoah Telecommunications Company to Sell its Towers for $310 Million

EDINBURG, VA – March 01, 2024 – Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced that it has entered into a Purchase and Sale Agreement with Vertical Bridge Holdco, LLC (“Vertical Bridge”) to sell its tower portfolio and operations (“Tower Portfolio”) to Vertical Bridge for $310.3 million in cash (the “Transaction”).

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Vertical Bridge Charitable Network Reaches New Milestone with Over $11 Million in Philanthropic Giving

BOCA RATON, FL – February 28, 2024 – Vertical Bridge REIT, LLC (“Vertical Bridge”) the largest private owner and operator of communications infrastructure in the United States, today announced that Vertical Bridge Charitable Network (“VBCN”) surpassed $11.8 million in cash donations and completed over 7,200 hours of volunteer time since initiating the philanthropy program in2014. During that time VBCN has also matched over $380,000 in employee contributions and donated to more than 900 meaningful causes. VBCN is an employee-led initiative created to empower Vertical Bridge, its investors, and employees to support charitable organizations in their surrounding communities.

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Vertical Bridge Strengthens Leadership Team and Welcomes Two New Senior Vice Presidents

BOCA RATON, FL – February 14, 2024 – Vertical Bridge REIT, LLC (“Vertical Bridge” or “the Company”), the largest private owner and operator of communications infrastructure in the United States, today announced the hiring of Allison Cannella and Peter Appel, effective February 12, 2024. Ms. Cannella joins as Senior Vice President and General Counsel, and Mr. Appel joins as Senior Vice President of Mergers & Acquisitions and Corporate Development.

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Vertical Bridge Elevates Two Key Executives to COO and EVP

BOCA RATON, FL – December 21, 2023 – Vertical Bridge REIT, LLC (“Vertical Bridge” or “the Company”), the largest private owner and operator of communications infrastructure in the United States, today announced the promotion of Bob Glosson to Executive Vice President and Chief Operating Officer, and Blair Crawford to Executive Vice President of Leasing & Marketing, effective January 1, 2024.

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Vertical Bridge Welcomes Angel Ruiz to Board of Directors

BOCA RATON, FL – October 25, 2023 – Vertical Bridge REIT, LLC (“Vertical Bridge” or “the Company”), the largest private owner and operator of communications infrastructure in the United States, announced the appointment of Angel Ruiz to its Board of Directors today.

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The Wireless Hall of Fame Celebrated the Induction of Four Wireless Hall of Fame Members

WASHINGTON, DC - October 11, 2023 - (BUSINESS WIRE) - Four individuals joined the 76 wireless industry pioneers and innovators inducted into the prestigious Wireless Hall of Fame. The event, hosted by the Wireless History Foundation (WHF), a nonprofit organization that has honored the hall of fame members for over fifteen years, celebrated Meredith Attwell Baker, Alex Gellman, Rob Mechaley and Ed Whitacre.

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Vertical Bridge Maintains Carbon Neutrality Through 2023 While Doubling Portfolio

BOCA RATON, FL – September 19, 2023 – Vertical Bridge REIT, LLC (“Vertical Bridge” or “the Company”), the largest private owner and operator of communications infrastructure in the United States, today announced that it has achieved CarbonNeutral® company certification through 2023.

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Wireless History Foundation Announces 2023 Inductees for Wireless Hall of Fame

DENVER, CO - June 8, 2023 - The Wireless History Foundation (WHF) will induct four honorees into the prestigious Wireless Hall of Fame during the Foundation's awards dinner in Washington, D.C. on October 10th. This year's inductees are

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Vertical Bridge Named to Inc. Magazine's Annual List of Best Workplaces for 2023

BOCA RATON, FL - May 15, 2023 - Vertical Bridge REIT, LLC ("Vertical Bridge"), the largest private owner and operator of communications infrastructure in the United States, has been named to Inc. magazine's annual Best Workplaces list.

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