Vertical Bridge To Manage Univision Towers Under New 5-Year Deal
September 9, 2016 at 3:57 AM (PT)
UNIVISION COMMUNICATIONS INC. has signed a five-year deal with VERTICAL BRIDGE for the latter to manage its 66 broadcast towers. Terms were not disclosed.
“We are excited to partner with UNIVISION, which owns assets in key locations across the United States.” said VERTICAL BRIDGE CEO ALEX GELLMAN. “These towers are all well-suited for deployment of broadcast, public safety, and wireless infrastructure. Additionally, as the tallest portfolio on average in the UNITED STATES, VERTICAL BRIDGE’s sites are ideal for over the top (OTT) point to multi-point delivery of video and internet services.”
“Partnering with VERTICAL BRIDGE allows us to leverage their industry expertise to maximize the ROI on our owned tower portfolio, while we continue to focus our day-to-day broadcast operations in both TV & Radio,” said UNIVISION Chief Local Media Officer JOHN ECK. “This relationship with VERTICAL BRIDGE will help us maximize the value and flexibility of our communications infrastructure.”