Sep 10, 2015
Under Agreement, Clear Channel’s Portfolio of Out-of-Home Assets in 45 DMAs Will Significantly Enhance Wireless Service for Mobile Customers September 10, 2015 - Las Vegas, NV -  Vertical Bridge, the largest U.S. private owner and manager of wireless telecommunication infrastructure and Clear Channel Outdoor Holdings, Inc., (NYSE: CCO), a subsidiary of iHeartMedia Inc., today announced the signing of an exclusive multi-year agreement for the management and marketing of wireless deployment on Clear Channel Outdoor America’s (CCOA) billboards and other out-of-home assets in 45 of the top 50 U.S. markets.  Read More >
Aug 05, 2015
Tower Sale Harvests Capital from Non-Strategic Assets August 5,2015 - Greenwhich, Connecticut - Townsquare Media, Inc. (NYSE:TSQ) (the “Company”) today announced that it has entered into an agreement to sell 43 towers to a subsidiary of Vertical Bridge Holdings, LLC for approximately $22.8 million in cash, subject to closing adjustments (the “Tower Sale”). The Company will retain ownership of more than 250 towers following the Tower Sale. Read More >
Dec 11, 2014
Company Converts to Lease Arrangement To Continue To Use Those Towers To Broadcast Its Radio Stations December 11, 2014 – New York, NY – iHeartMedia, Inc. (OTCBB: IHRT), one of the leading global media and entertainment companies, announced today the sale of a select portfolio of its tower assets toVertical Bridge for up to $400 million. The transaction is subject to due diligence and other customary closing conditions. Read More >
Dec 11, 2014
CHICAGO, (December 4, 2014) — United States Cellular Corporation (NYSE: USM) today announced that it has entered into a definitive agreement with Vertical Bridge Holdings, LLC to sell 595 towers for approximately $159 million. The transaction is expected to close in the first quarter of 2015. Read More >
Nov 11, 2014
Significant additional equity investment by Digital Bridge Holdings and The Jordan Company Major new commitments from GS Infrastructure Partners (Goldman Sachs) and Stonepeak Infrastructure Partners Over $1 billion of committed capital to fund investment in growth of the business Read More >

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