fbpx

Stay Informed. Stay Competitive. Get Free Email Updates Dow 30 & Emerging Growth

Stay Informed. Stay Competitive.

Get Free Updates

Dow 30 & Emerging Growth

Verizon Enters SBA/Crown Castle Deal To Quicken Deployment of C-band Equipment For Launch of 5G

By John F. Heerdink, Jr.

As per reports, Verizon (VZ) has entered deals with SBA and Crown Castle, two-tower companies already hosting Verizon infrastructure equipment, to quicken the deployment of C-band equipment for the launch of 5G Ultra-Wideband and fixed wireless broadband service on this newly acquired spectrum.

Verizon will offer increased mobility and broadband services to millions of more consumers and businesses, with its recently acquired 161 MHz of C-band spectrum nationwide in the recent FCC auction.

The deals signed with both Crown Castle and SBA Communications will provide process improvements including standardizing and reducing forms and minimizing legal reviews, allowing Verizon engineering teams to expedite deployment of C-band equipment. Both agreements have defined terms for leasing space on existing towers for C-band equipment.

“The addition of C-band spectrum to our already robust spectrum portfolio means we will be able to provide the differentiated service of 5G Ultra Wideband mobility service to an additional 250 million customers and, for the first time, 50 million additional customers will have a choice in their internet provider as we bring 5G Home to more places. These new agreements with our tower companies allow us to work very efficiently to pre-position all needed equipment on existing towers on our best-in-class network.” stated Heidi Hemmer, Senior Vice President of Engineering at Verizon.

Verizon Communications, Inc. (VZ) is a worldwide leader in delivering communications and technology solutions that improve the lives of its customers. To learn more about Verizon Communications, Inc. (VZ), and to track its progress please visit the Vista Partners Verizon Communications Inc. Coverage Page.






Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.



(Read Original Story: Verizon signs deals with Crown Castle and SBA Communications in GlobeNewswire)


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us