Press Releases

U.S. Cellular Announces Sale of Towers in Divested Markets

CHICAGO, IL – December 11, 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.

Vertical Bridge Holdings Completes Second Round Capital Raise; Equity Commitments Now Total $750 million

BOCA RATON, FL – November 11, 2014 – Vertical Bridge Holdings, LLC, a privately owned real estate investment trust focused on the ownership of wireless communications towers in the U.S., today announced that it has secured over $470 million of incremental equity commitments in a second round capital raise to support its acquisitions, new tower build programs, and growth strategy.

Vertical Bridge Holdings, LLC. and Conterra Ultra Broadband Holdings, Inc. Establish Marketing Agreement and Form Joint Venture For New Tower Development

BOCA RATON, FL – September 10, 2014 – Vertical Bridge Holdings and Conterra Ultra Broadband Holdings announced today that Vertical Bridge will have exclusive rights to market collocation opportunities on authorized Conterra infrastructure sites.

Vertical Bridge Holdings, LLC. Completes Two Acquisitions in the US

BOCA RATON, FL – June 04, 2014 – Vertical Bridge Holdings announces the completion of two acquisitions in the US. The newly acquired assets provide Vertical Bridge with extremely attractive and in-demand telephony and broadcast sites across several states, including Pennsylvania, New Jersey, Delaware, Florida, Texas, and Georgia.