Verizon taps into towers profits with Vertical Bridge deal

US operator Verizon has inked a towers build-out deal with Vertical Bridge that will enable it to expand its mobile networks and to make some money from the growing passive infrastructure market.
The firm has brokered a build-to-suit agreement with Vertical Bridge that will see the latter build mobile towers on its behalf to expand its 4G and 5G Ultra Wideband services.
Verizon will serve as the anchor tenant on the towers in question, which suggests they will be open to other mobile operators;