When is a Building Permit Required for Equipment Changes? In recent years, our clients have experienced a number of requests for modifications to existing cell sites. Both tower owners and rooftop owners are getting these requests from the wireless carriers to upgrade their cell sites. Typically these upgrades are for 5G or other advanced wireless […]
Earlier this month, we did our Wireless Industry Forecasts for 2021 webinar, which is available for viewing here, along with some other webinars about the industry that we did in 2020. While there were a few forecasts related to wireless leasing in the webinar, we thought it might be helpful to pen a blog post […]
Getting What You Deserve from your Cell Tower Lease! Missing Income: Electric and tax reimbursement clauses in cell site leases. In the standard cell tower lease, most of the compensation comes from rent, which typically increases over the course of the lease due to escalation. In a small percentage of leases, the landowner may receive […]
Radio Frequency energy or RF has been in the news and is not likely to go away. Between 5G and COVID-19 conspiracies and more antennas RF will continue to be a hot button topic. How can you educate yourself? There are a few online resources, free of charge, with reputable RF energy information. However, they […]
We reviewed the Elliott Management slickly produced attack on Crown Castle ($CCI). In short, Elliott believes that CCI has underperformed its peers, American Tower (AMT) and SBA Communications (SBAC). While the underperformance is clear, I also think that Elliott’s analysis omits to give proper credence to the opportunity that fiber/small cells may provide to Crown Castle that its peers will miss.
AT&T (via BlackDot), is contacting tower owners and landowners and trying to convince them to renegotiate their leases. If you have read our previous content- there isn’t much new to this renegotiation story except for the following letter that they provided to one of our clients. The highlighted part is the interesting part- AT&T claims […]
American Tower announced earnings earlier this week and we reviewed their earnings call transcript to get a better feel about what went right and wrong for American Tower. (Mostly right) Here are 10 of our observations. American Tower confirmed guidance for 2020. While many industries and companies are withholding guidance for 2020 due to the […]
Some landowners with AT&T towers on their property are being contacted by Octagon Towers. Octagon Towers asks the landowner to either extend the AT&T lease or consent to assignment by AT&T to Octagon. Read further to know what you should do about these requests.
During the last half of 2019 and early 2020, SteelTree Partners advised on the sale of several tower portfolios ranging from individual towers to mid-sized private portfolios. Some are traditional carrier led tower builds in highly difficult zoning areas with limited competing structures while some others can be best described as rural, unprotected by zoning, […]
As we do every year around this time, we provide our predictions for what we expect to happen in the upcoming year. Some of our predictions are safe and some are not. Some end up being correct and some aren’t. 1. 5G Continues to Underwhelm Consumers (For Now) . Wireless service providers launched their commercial […]