In their article “Tower Rents May See Pressure from Carriers”, AGL Magazine cites three sources to justify their overreaching conclusion that cell tower collocation rents may soon see downward pressure. Incorporating statements from Ron Bizick II of Tarpon Towers, Jennifer Fritzche of Wells Fargo Securities, and Alex Gellman of Vertical Bridge, AGL surmises that the traditional tower development business model is transforming. Following is SITA’s response to that assertion. [Read more…]
The website Re/code posted an unconfirmed article on Friday re: Sprint’s Next Generation Network which stated “sources familiar with the initiative said Sprint plans to cut its network costs by relocating its radio equipment from tower space it has leased from Crown Castle and American Tower to spots on government owned properties which costs much less.” [Read more…]
Cell Tower Info was created in 2005 and has recently been updated with a new skin, new features and more information for clients and cell tower landlords.
Sprint adds 15 rural carriers to its Rural Roaming Network, an initiative that originally launched during the first half of 2014 with 12 regional wireless providers. Currently, Sprint has expanded its LTE footprint across 565,000 square miles in 27 states. Sprint is also involved in a Small Market Alliance with NetAmerica, which will provide rural carriers with access to Sprint’s Spark Network using 800 Mhz and 1.9 GHz spectrum through reciprocal roaming agreements. In fact, Sprint’s Chairman, Masayoshi Son has offered financial assistance to regional carriers who seek to build-out their rural LTE coverage during this year’s CCA event. Of interest is the fact that 83% of the U.S. population resides in suburban or rural areas, which are almost exclusively served by tower-based macro sites. All in all, this is good news for rural landowners who are currently party to cellular leases (as well as those who are not but would like to be), since we expect to see significant cell-site builds and collocation opportunities in rural markets as demand continues to skyrocket.
In the United States, there are over 300,000 cell sites, encompassing those that are located on cell towers, other structures (like telephone poles and water towers), and rooftops. Ken Schmidt, President of Steel in the Air, estimates that in Florida, there are between 500 – 750 cellular leases tied to rooftops located on condominium buildings. [Read more…]
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…]
A client we represent had a Sprint construction crew show up at their doorstep to perform what they called “standard maintenance”. It was a sizeable construction crew and they never notified the landowner prior to showing up. Our client wisely prevented the crew from entering the site at that time- stating that they had the right to do regular maintenance but not modifcation of the existing cell site. The Sprint agent tried to tell the client that they were legally entitled to the modifications. [Read more…]
Sprint has been contacting landowners recently with existing Sprint sites and asking to modify the current antenna installation. They propose adding 2 parabolic antennas to the site. When asked, they suggest that the additional equipment is used in “support of” their 4th generation WiMAX technology. Yet a careful review of the proposed lease amendment shows that they want to modify the current lease agreements so that Sprint “OR ANY OF ITS AFFILIATED ENTITIES, SUBLESSEES, ASSIGNS OR CUSTOMERS” can use the Site for installing equipment, antennas and microwave dishes, air conditioned shelters, ect. [Read more…]
Landowners who have a tower lease or a rooftop lease for a cell site are being contacted regularly by companies that allege that they can “Market” the cell tower or cell site for future use by other wireless carriers thereby increasing the revenue on the site. Many landowners we talk to are intrigued by the possibility of getting additional rent from additional cell site users. [Read more…]
In late 2005, Global Signal announced the lease of 6600 Sprint towers and the sublease back of the towers by Sprint. One of the questions that we pondered during that time was how this lease would be interpreted if the underlying ground lease between the ground owner and Sprint prohibited subleasing. In a number of cases, Global Signal’s response was to simply craft a site management agreement and not sublease the tower. [Read more…]