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 …
Vertical Bridge picks up 43 Townsquare towers and the ability to share in marketing 250 more
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 …
Vertical Bridge tower compound fire warrants a call for crews to be vigilant
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 …
Some wireless industry musicians and singers can easily quit their day job
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 …
200-plus tower deal floats Vertical Bridge to 5th largest U.S. tower owner
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 …
Vertical Bridge picks up iHeartMedia’s towers for $400 million
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 …
