Bernard Borghei has left Palistar Capital-owned Symphony Towers Infrastructure.

In an announcement on LinkedIn over the weekend, Borghei confirmed he has left his role at the company due to an "ongoing irreconcilable difference with Symphony's financial sponsor."

Borghei, who co-founded Vertical Bridge, one of the country’s biggest tower operators, joined Symphony as CEO last year.

"It has been a successful 15 months at the helm of Symphony Tower Infra, and a lot of great results were achieved making Symphony a leader in its space," said Borghei.

"Due to ongoing irreconcilable differences with Symphony's financial sponsor, I decided to leave the company and pursue other opportunities. My last day with Symphony was this past Friday (July 18). Many thanks to the Symphony team for their hard work and to all my industry partners and colleagues who worked with me during my tenure at Symphony."

Borghei confirmed to DCD that the decision to leave was his own.

Earlier this year, Palistar decided to combine Symphony Wireless and CTI Towers to form Symphony Towers Infrastructure.

In total, Symphony Towers will operate, manage, and market approximately 3,000 assets across all 50 states on behalf of Palistar.

Founded in 2019, Symphony acquires the ground leases and easement rights to telecom towers, which it leases out, while CTI operates as a telecom tower company in the US.

CTI was founded in 2011 with an investment from Comcast Ventures, before it was acquired by Palistar in 2020. The company owns, manages, and markets more than 1,800 infrastructure assets across the US, and leases space on its towers to the major wireless carriers, including AT&T, Dish, T-Mobile, and Verizon.

DCD has contacted Symphony Towers Infrastructure for more information about who is running the company following Borghei's departure.