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Cell Tower and Wireless Telecommunications Blog

Since 2004, Steel in the Air has served over 3,000 clients, reviewed over 10,000 cellular leases and tracked over 2,000 lease buyout offers. We represent private landowners, corporate property owners and public entities in lease negotiations against wireless carriers and tower companies. We also consult on cell site and cell tower valuation and brokerage. Our cell tower and cell site database has grown to encompass over 285,000 cell site locations nationwide.

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Category: Lease Rates and Lease Valuation

Getting What You Deserve from your Cell Tower Lease!

Getting What You Deserve from your Cell Tower Lease! Missing Income: Electric and tax reimbursement clauses in cell site leases. …

November 23, 2020 Ken Schmidt

AT&T Terminated 630 Cell Sites in 2019

AT&T (via BlackDot), is contacting tower owners and landowners and trying to convince them to renegotiate their leases.  If you …

May 8, 2020 Ken Schmidt

T-Mobile Sprint Merger Backup Plan?

One of our municipal clients has a water tower with T-Mobile and Sprint on it. T-Mobile has proposed to add …

June 12, 2019 Ken Schmidt

Seem Like Offers to Buy or Extend Your Cell Tower Lease Are Getting Better?

Coupled with low cost of capital and their recent conversions to REITs, tower companies have every incentive to convert leases (long term operating expense) to easements (upfront capital expenditure).

May 31, 2019 Ken Schmidt
Image of Crown Castle Lease Rent Statement

Why Did My Crown Castle Lease Revenue Share Payments Go Up or Down?

A number of our clients have ground leases with Crown Castle that contain revenue sharing clauses. They contacted us recently …

October 22, 2018 Ken Schmidt

Lendlease’s New Renegotiation Efforts on Sprint Rooftop Sites

If you have followed our musings over the years, you know that we don’t like the lease renegotiation industry.  In …

May 25, 2018 Ken Schmidt

Weird Revenue Sharing Clause

One of our clients received a proposal from a tower company that included a revenue share clause. Generally, revenue shares …

April 11, 2018 Ken Schmidt

T-Mobile Sued for Alleged Unauthorized Attachment to High Tension Electric Tower

A few times a year, we are contacted by someone that believes that a wireless company attached equipment to an …

July 20, 2017 Ken Schmidt
Screen shot of email from Sprint

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 …

April 11, 2017 Ken Schmidt
Small Cell Photo

Rooftop Small Cell in Syracuse, NY (Ken’s Hometown)

Despite living here for over a year now, I just came across my first small cell in the City of …

January 30, 2017 Ken Schmidt

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