Crown castle and verizon expand strategic relationship with long-term 5g small cell commitment

Houston, jan. 27, 2021 (globe newswire) -- crown castle international corp. (nyse: cci) ("crown castle") announced today that it has signed a new long-term agreement with verizon to support verizon's 5g ultra wideband and 5g nationwide deployment. specifically, verizon has committed to lease 15,000 new small cells from crown castle over the next four years. once installed, the small cell leases will have an initial term of 10 years.
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