As reported by Wireless Estimator <\/p>\n\n\n\n
A major move to support next-gen wireless networks and nationwide connectivity<\/strong><\/p>\n\n\n\n Grande Towers (GTC Towers), a leading independent wireless infrastructure provider, has officially announced a definitive agreement to acquire select tower assets from Altice USA<\/strong>. The transaction is expected to close in early Q3 2025<\/strong> and represents a significant leap forward in GTC\u2019s growth strategy.<\/p>\n\n\n\n This acquisition marks a pivotal milestone for Grande Towers, expanding its portfolio to over 200 towers<\/strong> 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.<\/p>\n\n\n\n \u201cWe are thrilled to announce this milestone transaction,\u201d said Tony Peduto<\/strong>, CEO of Grande Towers. \u201cThe 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.\u201d<\/p>\n<\/blockquote>\n\n\n\n Peduto also emphasized GTC\u2019s deep operational experience<\/strong> with towers previously owned by cable TV operators, ensuring smooth transitions and fast, disruption-free customer deployments.<\/p>\n\n\n\n Grande Towers’ growth is backed by Norwest<\/strong>, 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.<\/p>\n\n\n\n \u201cThis transaction represents a transformational moment for Grande Towers and the broader wireless infrastructure landscape,\u201d said Dave Zilberman<\/strong>, General Partner at Norwest. \u201cWe believe Grande Towers is well-positioned to lead in this increasingly connected world.\u201d<\/p>\n<\/blockquote>\n\n\n\n Grande Towers has committed to working closely with Altice USA<\/strong> throughout the transition, with a shared focus on maintaining network reliability<\/strong> and operational excellence<\/strong> for all current tenants and partners.<\/p>\n\n\n\n Grande Towers<\/strong> 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\u2019s wireless and broadband networks.<\/p>\n\n\n\n Norwest<\/strong> 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.<\/p>\n\n\n\n Grande Towers’ latest move reinforces its commitment to enabling the future of wireless\u2014and strengthening the digital foundation of tomorrow\u2019s connected world.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" As reported by Wireless Estimator A major move to support next-gen wireless networks and nationwide…<\/p>\n","protected":false},"author":2,"featured_media":375,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93,90],"tags":[],"class_list":["post-374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-grande-towers","category-tower-owner"],"_links":{"self":[{"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/posts\/374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/comments?post=374"}],"version-history":[{"count":2,"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/posts\/374\/revisions"}],"predecessor-version":[{"id":435,"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/posts\/374\/revisions\/435"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/media\/375"}],"wp:attachment":[{"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/media?parent=374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/categories?post=374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tower-life.com\/index.php\/wp-json\/wp\/v2\/tags?post=374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/i><\/span>Scaling Up for the 5G Era <\/h3>\n\n\n\n
\n
<\/i><\/span>Backed by Strong Investment Support <\/h3>\n\n\n\n
\n
<\/i><\/span>Ensuring Seamless Transition <\/h3>\n\n\n\n
\n\n\n\n<\/i><\/span>About Grande Towers <\/h3>\n\n\n\n
<\/i><\/span>About Norwest <\/h3>\n\n\n\n
\n\n\n\n