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Digital Bridge seen as top contender in $2 billion Saudi Arabia Mobily deal

In Featured News by Wireless Estimator

During a panel discussion last week during NATE UNITE 2016 in New Orleans, La., Robert Paige, Senior Vice President of M&A for Vertical Bridge, the cell tower leasing arm of Digital Bridge LLC, said that more than adequate capital is available for the industry to expand, stating that the amount was seen as “mind boggling”. And if a Bloomberg Business …

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A bright future predicted for wireless work by leading industry experts at NATE UNITE 2016

In Featured News by Wireless Estimator

As three leading industry experts gazed into their crystal balls Tuesday during their NATE UNITE 2016 presentation, “The Future of the Wireless Industry,” their consensus indicated a robust build program that could last for more than a decade. However, Clayton Funk of Media Venture Partners, Christopher Fisher, Cuddy & Feder LLP; and Robert Paige, Vertical Bridge, cautioned National Association of …

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Vertical Bridge picks up 200 Nsight towers, raising its count to almost 3000

In Daily News Briefs by Wireless Estimator

Vertical Bridge, the largest private owner and manager of wireless communication infrastructure in the U.S., today announced it has closed a transaction to acquire the rights to over 200 wireless communications towers from Nsight Tower Holdings, LLC (“Nsight”), a major telecommunication service provider in the Midwest. Vertical Bridge will have the exclusive rights to lease and operate the portfolio of …

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Clear Channel Outdoor Americas and Vertical Bridge announce landmark partnership

In Featured News by Wireless Estimator

Vertical Bridge, the largest U.S. private owner and manager of wireless telecommunication infrastructure and Clear Channel Outdoor Holdings, Inc., 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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New top 100 U.S. tower owners unveiled with some first-time players and loss of a key owner

In Featured News by Wireless Estimator

Wireless Estimator released today its top 100 tower companies in the U.S. that identifies the same three top consolidators as in previous years, American Tower Corp., Crown Castle International and SBA Communications taking the lead. Although first place American Tower is slightly ahead of Crown in the Top 100 U.S. Tower Companies list by less than 200 towers, it is an …

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Vertical Bridge picks up 43 Townsquare towers and the ability to share in marketing 250 more

In Featured News by Wireless Estimator

Townsquare Media is the latest broadcaster that sees the benefits of selling their broadcast towers that they see as a valuable, but unnecessary asset. The company has announced a deal to sell 43 towers to Vertical Bridge, a company owned by Digital Bridge Holdings for $22.8 million. However, Townsquare will still keep 250 towers, which Vertical Bridge will market to …

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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 …