Verizon, American Tower ink long-term agreement

1 Sep 2022

American Tower Corporation and Verizon Communications have signed a new overarching lease agreement, which will help to facilitate Verizon’s ongoing 5G network deployment. As per the press release: ‘The agreement provides a simplified and efficient leasing process through a contractual framework that will drive mutual growth and value over a multi-year period.’ American Tower currently owns and operates a portfolio of approximately 43,000 tower sites in the US.