45k user reviews & 1 million votes, over 29k web hosting brands & 85k plans since 2004!
Menu
WHTop → 📋 News → Verizon Sells 6,339 Towers to Vertical Bridge in $3.3B Deal to Boost 5G Expansion
Verizon Sells 6,339 Towers to Vertical Bridge in $3.3B Deal to [...]
Verizon Sells 6,339 Towers to Vertical Bridge in $3.3B Deal to Boost 5G Expansion
📅 - Verizon Communications and Vertical Bridgehave reached a definitive agreement in a landmark deal valued at approximately $3.3 billion. The transaction grants Vertical Bridge the exclusive rights to lease, operate, and manage 6,339 wireless communication towers owned by Verizon subsidiaries, spanning all 50 U.S. states and Washington, D.C. The deal is structured as a prepaid lease, providing Verizon with upfront cash proceeds of around $2.8 billion.
Under the terms of the agreement, Verizon will lease back space on the towers as an anchor tenant through a 10-year agreement with the possibility of extending the lease for up to 50 years. This arrangement also includes provisions for Verizon [...][... Check source for end of article ...]
Tags: Telecom
Reads: 212 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author: URL source: https://hostingjournalist.com/news/verizon-sells-6-339-towers-to-vertical-bridge-in-3-3b-deal-to-boost-5g-expansion
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!
Related news
📅 - Verizon to Build High-Capacity Fiber Links for AWS Data Centers - Verizon Business has deepened its collaboration with Amazon Web Services (AWS) through a new Verizon AI Connectagreement designed to power the next generation of artificial intelligence applications. The deal focuses on delivering high-capacity, low-latency fiber infrastructure to interconnect AWS data centers, supporting the massive data throughput and real-time performance demands of advanced AI workloads.
Under the agreement, Verizon will construct new long-haul fiber pathways across multiple regions, enhancing the scalability and resilience of AWS's cloud network. The initiative represents a major step in Verizon's ongoing investment in digital infrastructure, particularly as [...]
📅 - Cyberattacks via Third Parties Surge, Verizon 2025 Report Finds - Cyberattacks have significantly increased, according to Verizon Business's 2025 Data Breach Investigations Report (DBIR). According to the report, third-party involvement in breaches has doubled to 30%, and vulnerability exploitation has increased by 34%, posing a worrying threat to businesses throughout the world.
According to the survey, which examined more than 22,000 security incidents, including 12,195 verified data breaches, the most common initial attack routes are still credential misuse (22%) and vulnerability exploitation (20%). This would underscore the urgent need for improved security measures.
"The DBIR's findings highlight the significance of a multi-layered defense [...]
📅 - Verizon Business Launches AI Connect for Scalable AI Solutions - Verizon Business has introduced Verizon AI Connect, a comprehensive portfolio of products and solutions intended to help companies implement artificial intelligence (AI) workloads at scale, in response to the historically high demand for network bandwidth and processing power.
Even though training today's sophisticated AI models takes a huge amount of processing power, the move to inferencing, or real-time decision-making, is expected to create a huge demand for more processing power. By 2030, 60-70% of AI workloads are anticipated to switch to real-time inference, according to McKinsey, necessitating low-latency connection, computing, and edge security beyond present demands.
Verizon is [...]
📅 - Verizon Achieves 1.6 Tb/s Fiber Milestone for AI Workloads with Ciena - Verizon has partnered with Ciena (NYSE: CIEN) to test the WaveLogic 6 Extreme (WL6e) coherent optical system, successfully transmitting 1.6 Tb/s on a single-carrier wavelength over a 118-kilometer Boston metro line. This groundbreaking trial highlights Verizon's commitment to advancing its fiber infrastructure to support the data-intensive workloads demanded by AI and other bandwidth-heavy applications.
In an era where artificial intelligence (AI), particularly generative AI with its predictive analytics capabilities, is driving digital transformation across industries, robust enterprise-grade networks are becoming indispensable. Verizon is stepping up to meet these demands by enhancing [...]
📅 - Verizon Acquires Frontier in $20B Deal, Expanding Fiber Network - Verizon has announced a formal agreement to acquire Frontier Communications in an all-cash deal valued at $20 billion. The acquisition significantly expands Verizon's fiber network, boosting its reach to 25 million premises across 31 states and Washington, D.C. Frontiers existing customer base of 2.2 million fiber users will be integrated into Verizons network, strengthening Verizon's position in the U.S. broadband market.
The deal is expected to accelerate Verizons ability to provide enhanced connectivity, broadband, and mobility services to both existing and new customers.
Frontier, one of the largest pure-play fiber Internet providers in the U.S., has made significant investments in [...]
📅 - Verizon Communications and Vertical Bridgehave reached a definitive agreement in a landmark deal valued at approximately $3.3 billion. The transaction grants Vertical Bridge the exclusive rights to lease, operate, and manage 6,339 wireless communication towers owned by Verizon subsidiaries, spanning all 50 U.S. states and Washington, D.C. The deal is structured as a prepaid lease, providing Verizon with upfront cash proceeds of around $2.8 billion.
Reads: 212 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author: