Verizon’s stock heads for a 2-year high
Verizon Makes a $3.3 Billion Deal to Help Protect Its Towering Dividend
However, the deal will delay Verizon's ability to achieve its leverage target. Credit rating agency Fitch expects Verizon's leverage ratio to be around 2.3 times by the time it closes the Frontier acquisition next year. It will then jump back up into the mid-2.0 times range before steadily falling back toward its long-term target.
Verizon in $3.3 bln mobile tower deal with infrastructure firm Vertical Bridge
U.S. wireless carrier Verizon Communications will give digital infrastructure firm Vertical Bridge exclusive rights to lease, operate and manage thousands of mobile phone towers in a $3.3 billion deal,
Verizon’s stock heads for a 2-year high after $3.3 billion tower deal
Verizon’s stock was rising toward a two-year high Monday, after the telecommunications company announced deal valued at $3.3 billion to lease out its wireless-communications towers.
Verizon Strikes $3.3 Billion Tower Deal With Vertical Bridge
Verizon Communications reached a $3.3 billion deal that gives Vertical Bridge the exclusive rights to lease, operate and manage thousands of wireless communications towers over at least 10 years.
Verizon in $3.3 billion mobile tower deal with infrastructure firm Vertical Bridge
U.S. wireless carrier Verizon Communications will give digital infrastructure firm Vertical Bridge exclusive rights to lease, operate and manage thousands of mobile phone towers in a $3.3 billion deal,
Verizon and Vertical Bridge agree to $3.3 billion tower transaction
Under the terms, Verizon will enter into a 10-year agreement 1 to lease back capacity on the towers from Vertical Bridge, serving as the anchor tenant, with options that could extend the lease term up to 50 years.
Verizon Agrees $3.3 Billion Towers Deal With Vertical Bridge
Verizon Communications Inc., the biggest wireless carrier in the US, has agreed to sell the rights to lease thousands of mobile phone towers to digital infrastructure firm Vertical Bridge.
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