Municipal Staff to Assist Telecom Companies in Processing Cell Tower Permits

As the major telecom companies continue their rapid expansion throughout the United States, they are picking up the payload in order to make the cell tower permitting process move more efficiently. In King County, Washington, cell phone companies have been negotiating with the municipalities to help with the cost of paying staff to process cell tower permits, which are needed for any new cell tower and even any modification to existing cell towers. According to the King County Department of … [Read more...]

Telecom Industry Becoming More Powerful

Not only are the big telecom companies making huge profits, now they are gaining more decision-making power. Legislation in Missouri has recently been enacted, which gives more control to the telecom giants over the city and county authorities regarding placement of cell towers. Cities and counties will have a shorter period of time to review any proposed tower applications and will be limited in other facets of the process. According to Stltoday.com, “The Missouri Telecommunications Industry … [Read more...]

Top-Ranked Hospital to Receive Enhanced Wireless Coverage

AT&T has installed multiple, strategically placed cell antennas throughout the campus of Vanderbilt University Medical Center. This installation has taken place to support the increasing demand for advanced wireless services. The Distributed Antenna System covers 11 facilities at the campus, spanning more than 4.9M square feet of space. According to State Representative Gary Odom, "Wireless and broadband services are critical parts of how we connect with family, conduct business and … [Read more...]

Resident Does Not Want to Extend Cell Tower Lease

A large tower company has been pushing a Bluewater Bay resident in hopes that they will extend an existing cell tower lease. Otherwise, the tower company will need to construct a new tower on a property nearby. Thus, they will need to be granted county board approval for such process. According to nwfdailynews.com, “The proposed tower would replace an existing one on Nelson Point Road. The family that owns the tower property on Nelson Point wants to end its lease with Crown Castle, but the … [Read more...]

Adding to an Existing Cell Tower…Adding Value to the Lease?

The Township of Mahwah, New Jersey could potentially be adding to its existing cell tower monopole.  Wireless Holdings Network has issued a proposal to town council to add a 30-foot extension to the current 120-foot tower.  According to Council President, the additional revenue from the extension would be “a terrific new source of income.” But has the city has received a fair proposal for the use of this additional tower space? What is the true value to the tower company for the additional use … [Read more...]

Common Questions about Lease Extensions

Landowners throughout North America are approached on a daily basis by their cell tower tenants seeking to extend their current lease. Why are cell tower companies contacting a landowner when there are still several years remaining on the term of that agreement? The answer is usually tied to time and money. Cell tower lease experts are available to assist property owners who have been contacted about negotiating lease extensions, and our team can help you answer the important questions listed … [Read more...]

Landowner Leverage When Offered New Cell Tower Lease

There are several factors that need to be taken into consideration when negotiating with a cell tower company. Some of those include: The characteristics of your property or building, such as the height of your building relative to the adjacent buildings in your immediate area, or does your land contain topography attributes that distinguish it from others in the areas? What options do a cell tower company have as it pertains to other buildings or properties in the area with a similar … [Read more...]

What Claims Do Tower and Telecom Companies Make When Seeking a Lease Extension?

Property owners need expert assistance in interpreting the claims that a cell tower company presents when seeking a lease extension, which include the following: Claim #1:  “Due to the value of the long term relationship we have with you, the landlord, we are willing to extend the current lease for the cell tower with you”. Translation:  In reality, they need the extension of time more than you do.   2. Claim #2:  “We are willing to pay you a ‘signing bonus’ if you agree to … [Read more...]

What Do Cell Tower Lease Buyout Companies Want With Your Lease?

Companies such as Landmark Dividend, Unison, and AP Wireless issue buyout offers because they are looking to purchase the cash flow from your cell tower lease at a discount. They make money the old fashioned way-by making money off the assets of others. These companies offer deals that are usually structured based on a one-time, lump sum payment, to be paid to you the property owner. Sounds good right? Well, maybe not. So, what are these companies asking for in return? These companies want … [Read more...]

What Should a Landowner Focus On When Negotiating New Cell Tower Lease?

If a landowner decides to move forward with a cell tower lease transaction, the following are the primary areas of such transaction he or she should focus on: Rent– Rent offered for a cell tower will be based on numerous and varying dynamics.  The most important factors are: a) Space requirements of a cell phone carrier or tower company to install its equipment, and a) the overall utility and functionality of the cell tower location to that cell phone carrier or tower. The amount of space … [Read more...]

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