Vertical Bridge completed the acquistion of the tower portfolio and operations of Shenandoah Telecommunications Company for $310m.

Vertical Bridge, a telecommunications service provider in Boca Raton, Florida, completed the acquisition of the tower portfolio and operations of Shenandoah Telecommunications Company, a provider of broadband services, for $310m. "We are pleased to add these purpose-built broadband telephony towers to our growing portfolio. The towers are high quality assets with available capacity for additional tenants and are located in difficult areas to build new towers due to zoning restrictions and terrain challenges. The geographic concentration of the portfolio offers a unique opportunity for future deployment of existing and new technologies,” Ron Bizick, Vertical Bridge President and CEO.