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Press Releases

Press Releases

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.

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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.

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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.

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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.

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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.

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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.

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