Cell tower rent is based on a variety of factors, as no two sites are the same. Some examples that affect the rent are the type of cell site, the equipment that is being used, the location of the site, and how much traffic the cell tower is handling. Contact Tower Advantage to better understand how to maximize your rent.

A right of first refusal (ROFR) is a contractual right that gives the holder – usually the cell tower tenant – the right to match the terms of any third-party offer to purchase the lease and/or property. This provision can lower the value of the lease and the property for a variety of reasons, including what is known as the “last-mover advantage”. If you have been presented a proposal that includes a ROFR, you should contact an expert in the telecommunication industry, such as Tower Advantage, to better evaluate your options.

The companies that are calling you are typically trying to purchase your lease under value and make a profit by “flipping it” later at your expense. It is a lucrative business and so these companies continue to call and give you every reason why your cell tower lease is going away – but strangely enough, they still want to buy it. As an exclusive landlord representative, we can solicit the largest sales prices due to a variety of proprietary methods, so if you are looking to sell your lease – feel free to contact us and we can help you explore your options.

The merger of T-Mobile and Sprint has been approved resulting in a company that has over 126 million customers. It is now the third largest service provider with AT&T’s at #1 with 141 million customers and Verizon at #2 with 150 million.  By combining, T-Mobile now is in a better position to take on the top two carriers, thereby lowering prices.

As a result of the merger, and as experience shows us, some Sprint leases – and fewer T-Mobile leases – will be decommissioned for network redundancy. To find out more about how this merger effects your particular situation, feel free to contact us for a free consultation.

Not without an advocate on your side to review the request and provide you with feedback. Any request to upgrade a cell tower will be governed by the cell tower lease, but sometimes there are “gray” areas that need to be better explained by an industry expert. Tower Advantage has the knowledge and experience advising hundreds of clients when they have received a request for an upgrade by their tenant.

When wireless carriers merge, there is often overlap and redundancy in the new combined network, which means not all cell tower sites will be needed. Some historic situations like this include Sprint-Nextel, and AT&T-Cricket. Landlords that once thought their sites were going to last for decades into the future suddenly received notice that their cell tower lease was being terminated. Landlords have various options prior to that time so contact a cell tower advocate – like Tower Advantage – to provide you with alternatives.