Vertical Bridge completed the acquisition of 6.3k wireless communications towers from Verizon Communications for $3.3bn.

Vertical Bridge, an operator of communications infrastructure, completed the acquisition of 6.3k wireless communications towers from Verizon Communications, an American telecommunications company, for $3.3bn. "The close of this transaction marks a transformative milestone for Vertical Bridge, solidifying us as the partner of choice in the U.S. communications infrastructure industry. These under-tenanted towers, many in hard-to-site locations, uniquely position us to expand vertical real estate solutions to our customers. With the addition of these towers, Vertical Bridge looks forward to growing our partnership with all our tenants," Ron Bizick, Vertical Bridge President and CEO.