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Vertical Bridge tower compound fire warrants a call for crews to be vigilant

In Featured News by Wireless Estimator

Record-breaking drought and dry conditions throughout the U.S. are a deep concern of climatologists, but it’s also causing fire departments to issue earlier than normal burning bans and cautionary messages to prevent fires such as one that recently scorched roughly 1,100 acres in Weiser, Idaho, when cell tower workers accidentally started the wildfire. According to Weiser Rural Fire Chief Nate …

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Some wireless industry musicians and singers can easily quit their day job

In Associations News, Featured News by Wireless Estimator

A traditional scathing barb heard when garage band musicians try to imitate legendary rock stars is: “Don’t quit your day job.” But at last Wednesday’s PCIA – The Wireless Infrastructure Association’s, All-Star Jam Session in Hollywood, Fla., it was obvious that the only things being skewered, were buffet offerings as PCIA members led a rousing session that made the house …

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200-plus tower deal floats Vertical Bridge to 5th largest U.S. tower owner

In Vendor News by Wireless Estimator

CiG Wireless Corp., a leading owner and operator of wireless communications infrastructure in the U.S. has announced the signing of an agreement to be acquired by an affiliate of Vertical Bridge Holdings, LLC, a wireless communication towers company. Vertical Bridge is acquiring the company’s tower assets, including a geographically diverse group of more than 200 tower sites, in a transaction …

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Vertical Bridge picks up iHeartMedia’s towers for $400 million

In Vendor News by Wireless Estimator

iHeartMedia today announced a deal to sell an undisclosed group of its radio towers to tower owner Vertical Bridge for up to $400 million. The broadcaster will continue to use the towers in a lease arrangement after the purchase closes, which is expected in the first quarter of 2015. iHeartMedia says the sale will help optimize its balance sheet and maximize …