Verizon Nears Landmark Deal to Sell Towers to Vertical Bridge

A deal would mark one of the largest transactions for the U.S. telecommunications sector and a sale by Verizon Communications Inc. of a significant portion of its tower assets to Vertical Bridge Holdings LLC, according to people familiar with the matter-the deal could be announced as early as this week. Financial terms are not yet disclosed, but this sale marks a pivotal moment for both companies and may have greater implications for the future landscape of the telecommunications industry.

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