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Verizon, American Tower sign long-term lease deal to support 5G rollout

Verizon and American Tower Corporation have announced a long-term lease agreement designed to support the carrier’s 5G network deployment across the tower company’s U.S. communications sites. According to the pair, the deal will “provide a simplified and efficient leasing process through a contractual framework to drive mutual growth over a multi-year period.”

American Tower’s President of the U.S. Tower Division Steve Vondran commented further: “This agreement represents another key milestone and an extension of our decades-long strategic partnership with Verizon. We look forward to supporting Verizon as they continue their accelerated and efficient 5G network build-out by utilizing our distributed nationwide portfolio of high-quality communications sites.”

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