During my early days in the wireless industry, while employed by a tower company, I worked alongside a site acquisition vendor named Nape Touchstone. Eventually,
The wireless carriers are actively seeking to add right-of-first-refusal clauses (ROFR) to their new and extended cell site lease agreements. Verizon includes standard ROFR language
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).
We applaud Verizon for their interest in preventing their leases from being sold to third parties like lease buyout companies. It is understandable that Verizon (along
One of our client's called us yesterday to let us know that they had been beleaguered by a tower company rep who was perhaps too
HISTORY OF TRISTAR INVESTORS Back in 2008-2013, a company called Tristar Investors was attempting to acquire ground leases under American Tower Corporation (AMT) and Crown
On Feb 16, 2012, Tristar Investors sued American Tower Corporation alleging that American Tower had violated the Lanham Act, unfairly competed, disparaged Tristar’s business, tortuously
The Early Days of the Cell Tower Lease Buyout Business
Verizon Finds Landowners Don’t Like ROFR Clauses- So They Rebrand Them.
Seem Like Offers to Buy or Extend Your Cell Tower Lease Are Getting Better?
Verizon’s Tricky-Tricky Cell Site Lease Assignment Language