Towers: More Tailwinds Than Headwinds, and a Few Wrinkles

Jennifer Fritzsche, a senior analyst with Wells Fargo Securities who moderated a panel session, “Towers: Coping in a Time of Turmoil,” during last week’s AGL Virtual Summit, noted that although this is a tumultuous time, “the tower industry is experiencing more tailwinds than headwinds.” She asked her panelists, Alex Gellman, CEO of Vertical Bridge, and Tony Peduto, CEO of CTI Towers, about those tailwinds and headwinds.

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In a wide-ranging, exclusive two-part interview with Inside Towers Managing Editor Jim Fryer and Business Editor John Celentano, Alex Gellman, CEO of Vertical Bridge REIT LLC, based in Boca Raton, FL, shared his perspectives on the current state of the tower business and his outlook for 2022. This is the second installment of a two-part series.