By Kasper Foley 
A major move to support next-gen wireless networks and nationwide connectivity
Grande Towers (GTC Towers), a leading independent wireless infrastructure provider, has officially announced a definitive agreement to acquire select tower assets from Altice USA. The transaction is expected to close in early Q3 2025 and represents a significant leap forward in GTC’s growth strategy.
Scaling Up for the 5G Era
This acquisition marks a pivotal milestone for Grande Towers, expanding its portfolio to over 200 towers strategically positioned across key U.S. markets. As wireless carriers ramp up 5G deployments and broadband connectivity becomes essential for both urban and rural communities, GTC is stepping up to meet the demand with robust, reliable infrastructure.
“We are thrilled to announce this milestone transaction,” said Tony Peduto, CEO of Grande Towers. “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.”
Peduto also emphasized GTC’s deep operational experience with towers previously owned by cable TV operators, ensuring smooth transitions and fast, disruption-free customer deployments.
Backed by Strong Investment Support
Grande Towers’ growth is backed by Norwest, a global venture and growth equity firm that has supported GTC since 2023. With more than $15.5 billion under management, Norwest sees this deal as transformative for both GTC and the wireless infrastructure sector.
“This transaction represents a transformational moment for Grande Towers and the broader wireless infrastructure landscape,” said Dave Zilberman, General Partner at Norwest. “We believe Grande Towers is well-positioned to lead in this increasingly connected world.”
Ensuring Seamless Transition
Grande Towers has committed to working closely with Altice USA throughout the transition, with a shared focus on maintaining network reliability and operational excellence for all current tenants and partners.
About Grande Towers
Grande Towers is a premier owner and operator of wireless infrastructure, offering mission-critical solutions to mobile network operators, broadband providers, and public sector clients. With a growing portfolio across the U.S., GTC plays a crucial role in building the backbone of America’s wireless and broadband networks.
About Norwest
Norwest is a global venture and growth equity investment firm that has invested in over 700 companies and currently partners with more than 250 businesses across various sectors, including enterprise, healthcare, and consumer. With offices in the U.S., India, and Israel, Norwest combines capital with operational support to help companies scale and succeed.
Grande Towers’ latest move reinforces its commitment to enabling the future of wireless—and strengthening the digital foundation of tomorrow’s connected world.