BOCA RATON, FLA. — From a low-rise office building housing Newsmax on the ground floor and its corporate offices on the second floor, Vertical Bridge has established itself as a formidable presence in the world of tower ownership.
Now, the competitor to Steve Bernstein’s SBA, just up the street; Crown Castle; and American Tower Corp. has struck a potentially game-changing deal with Dish Network Corp. that will go a long way toward helping the DBS provider become a major 5G player nationwide.
In a pre-market announcement, Dish and Vertical Bridge revealed that they’ve signed a long-term agreement that gives Dish “immediate access” to Vertical Bridge’s portfolio of towers, rooftops, utility transmission structures, billboards, convenience stores and other sites used for wireless infrastructure deployment.
Privately held Vertical Bridge has ownership and/or access to some 300,000 sites in the U.S. and in Puerto Rico.
“Building a national 5G network requires an extensive presence across urban, suburban and rural areas, and Vertical Bridge’s portfolio offers Dish the array of coverage that we need,” said Dave Mayo, Dish’s Executive VP of Network Development. “As we continue to deploy DISH’s 5G network, Vertical Bridge’s assets, experience and commitment make them an invaluable partner.”
Alex Gellman, CEO and Co-Founder of Vertical Bridge, added, “As the U.S.’s newest national wireless carrier, DISH is building a truly unique 5G network, and Vertical Bridge is committed to assisting DISH in deploying its network quickly and efficiently. We are extremely proud to support DISH for its long-term infrastructure needs.”
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