Sprint Enters the Lease Renegotiation Game Again

A landowner client of ours received this email from LCC, a company allegedly acting on behalf of Sprint where they claim that if the landowner doesn't agree to concessions, that Lendlease will consider relocating the Sprint site.  

Screen shot of email from Sprint
Email from Sprint Representative to Landowner

If you receive a similar request from Sprint, LCC, or Lendlease or another cell tower lease optimization company, please contact us.  We can help you evaluate the proposal and determine whether it is probable that Sprint would move in the event you choose not to accept their proposed rent reduction.

Afraid of Rocking the Boat: When to Build Your Own Tower

Rocking the Boat.

A gentleman called us two days ago. He had been approached by a local tower company to build a cell tower on his property. We had an initial discussion, and he seemed intrigued by our services. The initial offer from the tower company was pretty decent, better than an initial offer should have been for this area. I suggested this to him and also suggested that typically when a tower company makes an offer like this, it is because the property is unique. This gentleman owned a significant amount of acres along a difficult-to-cover corridor. The tower company had no other choice but to use his property. [Read more…]

Cell Tower On Your Property Page

In going over our website statistics, we noticed that there is an increasing interest by landowners in having a cellular tower erected on their property.   Since 2007, over 150,000 unique visitors have visited our website and gone to this page.  There seems to be a clear trend that the number of visitors per month to the page has been increasing.   Clearly the economy plays a part in this- landowners are looking for any ancillary revenue they can find.   We suspect that increased awareness about cell tower leases and the potential revenue from towers is driving this trend as well.

Unfortunately, trying to get a cell tower lease is like trying to win the lottery except your odds are better with the lottery.   Out of over 10,000 people who have ever contacted us asking how they can get a tower lease, only one has ever contacted us back and said they actually got a lease by contacting the carriers.

Crossroads Wireless- Bankruptcy!

Many people contacted Steel in the Air, Inc about the possibility of getting assistance with negotiating land leases with Crossroads Wireless. After one or two consultations, we chose not to take on any of these clients because our experience in dealing with Crossroads agents proved that they would not make changes to their lease. [Read more…]

Cincinnati Bell Wireless and Lazy Site Acquisition

A potential client received a letter from Cincinnati Bell Wireless stating that they have reviewed the client’s property and were potentially interested in leasing a portion of the property for their cell tower site. The letter includes a template lease from Cincinnati Bell Wireless and a request for the landowner to review the lease with his/her attorney first to confirm which clauses that the landowner might find objectionable. [Read more…]