Unique Business Model Changes CapEx Spending to OpEx Spending
DALLAS & BOCA RATON, Fla.--(BUSINESS WIRE)
Zinwave, a global provider of wideband distributed network solutions for in-building wireless, and Vertical Bridge, the largest private owner and manager of communication infrastructure in the U.S., today announced a unique partnership to provide in-building wireless connectivity. Under terms of a Master Services Agreement, Vertical Bridge will offer Zinwave’s UNItivity Wideband Distributed Antenna Systems (UNItivity) as a preferred solution for in-building wireless challenges with Zinwave providing equipment, service, and maintenance capabilities. Vertical Bridge will also directly manage all customer relationships.
The agreement is unique in that it represents a new business model for acquiring in-building wireless infrastructure. While the current approach requires customers to spend CapEx dollars to provide an in-building system, under the new model, users can now switch to an OpEx approach.
“Vertical Bridge is known for its innovation with solving communications infrastructure problems, and we’re excited to be working with the company,” said Scott Willis, President and CEO of Zinwave. “They understand how carriers and private companies have struggled to find a solution to easily implement in-building wireless, and by offering our UNItivity system to their extensive network, together we can provide a new way to give building tenants the wireless services they expect and want.”
With a portfolio of more than 52,000 communication sites, 3,000 of which represent their real estate building assets, Vertical Bridge plans to offer Zinwave’s UNItivity platform and services to mobile operators and private companies that wish to enable or enhance in-building wireless capabilities, whether for public safety or cellular communications.
“We’re thrilled to partner with Zinwave,” said Bernard Borghei, Co-Founder and Senior Vice President of Operations at Vertical Bridge. “By bringing together Vertical Bridge’s extensive portfolio of managed locations and Zinwave’s unique technology platform, we’re able to offer a new solution for in-building wireless communication, which traditionally has been significantly underserved.”
About Zinwave
Zinwave’s UNItivity platform is the only truly future-proof, universal wireless access solution on the market. UNItivity’s unique wideband architecture breaks the cycle of endless DAS upgrades because it supports any frequency from 150 MHz to 2700 MHz, accommodating current and future wireless services without hardware upgrades. In addition, UNItivity’s streamlined, all-fiber architecture makes it more reliable and much easier to install than traditional DAS solutions. Zinwave has a global customer base. For more information about Zinwave, please visit www.zinwave.com.
About Vertical Bridge
Vertical Bridge REIT, LLC is the largest private owner and operator of communications infrastructure and locations in the United States, with a portfolio of more than 500,000 sites, including over 11,000 owned and master-leased towers and the nation’s largest and tallest collection of broadcast tower sites. The Company’s portfolio spreads across all 50 states and Puerto Rico and is comprised of towers, rooftops, billboards, utility attachments, convenience stores and other locations in support of wireless network deployments. In addition to colocation, Vertical Bridge offers build-to-suit, edge data centers and in-building wireless network solutions.
Based in Boca Raton, Florida, Vertical Bridge was founded in 2014 and is led by a senior management team with over 400 years of collective experience in tower infrastructure and related sectors. Vertical Bridge became the first tower company in the world to achieve the CarbonNeutral® company certified status in 2020 and has been recertified every year since. For more information, please visit www.verticalbridge.com.
Contact for Zinwave:
Story Public Relations
Michael Schoolnik, 415-674-3816
Michael@storypr.com
or
Contact for Vertical Bridge:
Vertical Bridge
Erica Robertson, 561-406-4032
ERobertson@VerticalBridge.com