Press Releases

Governor Jeb Bush Joins Vertical Bridge Board of Directors

BOCA RATON, Fl – March 22, 2017 – Vertical Bridge, the largest private owner and manager of communication towers and locations in the United States, today announced the appointment of Governor Jeb Bush to its Board of Directors. Governor Bush will serve as an independent director.

Vertical Bridge Completes Issuance of $196 Million Secured Tower Revenue Securities

BOCA RATON, FL – October 19, 2016 – Vertical Bridge, the largest private owner and manager of wireless communication infrastructure in the U.S., today announced the closing of $196 million initial principal amount of Series 2016-2 Secured Tower Revenue Notes (the “Notes”) in a private asset-backed securitization transaction.

Vertical Bridge Enters Exclusive Agreement with The RMR Group

BOCA RATON, FL – June 06, 2016 – Vertical Bridge, the largest private owner and manager of wireless communications infrastructure in the U.S., today announced the signing of an exclusive five-year agreement with The RMR Group (NASDAQ: RMR) to market and master lease telecommunications sites at more than 1,000 RMR managed buildings. Terms of the transaction were not disclosed.

Vertical Bridge Acquires Portfolio of Broadcast Towers from Alpha Media

BOCA RATON, FL – March 02, 2016 – Vertical Bridge, the largest private owner and manager of wireless communication infrastructure in the U.S., today announced that it has completed the acquisition of nearly 200 radio broadcast towers in a two part transaction with Alpha Media.

Clear Channel Outdoor Americas and Vertical Bridge Announce Landmark National Partnership for Wireless Deployment on Billboards

LAS VEGAS, NV – September 10, 2015 – (BUSINESS WIRE) 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.

U.S. Cellular Announces Sale of Towers in Divested Markets

CHICAGO, IL – December 11, 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.

Vertical Bridge Holdings Completes Second Round Capital Raise; Equity Commitments Now Total $750 million

BOCA RATON, FL – November 11, 2014 – Vertical Bridge Holdings, LLC, a privately owned real estate investment trust focused on the ownership of wireless communications towers in the U.S., today announced that it has secured over $470 million of incremental equity commitments in a second round capital raise to support its acquisitions, new tower build programs, and growth strategy.

Vertical Bridge Holdings, LLC. and Conterra Ultra Broadband Holdings, Inc. Establish Marketing Agreement and Form Joint Venture For New Tower Development

BOCA RATON, FL – September 10, 2014 – Vertical Bridge Holdings and Conterra Ultra Broadband Holdings announced today that Vertical Bridge will have exclusive rights to market collocation opportunities on authorized Conterra infrastructure sites.

Vertical Bridge Holdings, LLC. Completes Two Acquisitions in the US

BOCA RATON, FL – June 04, 2014 – Vertical Bridge Holdings announces the completion of two acquisitions in the US. The newly acquired assets provide Vertical Bridge with extremely attractive and in-demand telephony and broadcast sites across several states, including Pennsylvania, New Jersey, Delaware, Florida, Texas, and Georgia.