Grande Towers (GTC), an independent wireless infrastructure provider, announced it has signed a definitive agreement to acquire certain tower assets of Altice USA. The deal is expected to close early in the third quarter of 2025.
This strategic deal will expand GTC’s national footprint, increasing its portfolio to over 200 towers across key U.S. markets. It will also further strengthen the company’s position as a critical enabler of next-generation wireless networks, supporting carriers in meeting growing demand for 5G and broadband connectivity.
Grande Towers will work closely with Altice throughout the transition to ensure continued operational excellence and network reliability for existing tenants.
KEY QUOTES:
“We are thrilled to announce this milestone transaction. The addition of these high-quality tower assets aligns with our long-term strategy of scaling our infrastructure to meet the evolving needs of our carrier partners and customers. GTC’s team has extensive expertise working with towers previously owned by cable television operators, such that customer deployments will be quick and not disruptive to customers.”
Tony Peduto, CEO of Grande Towers
“This transaction represents a transformational moment for Grande Towers and the broader wireless infrastructure landscape. We believe Grande Towers is well-positioned to lead in this increasingly connected world.”
Dave Zilberman, general partner at Norwest