Steel in the Air’s 2024 Cell Tower Industry Predictions
As we do every year, we like to make predictions about the year ahead. (It’s near the end of March, so you can see we
As we do every year, we like to make predictions about the year ahead. (It’s near the end of March, so you can see we
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,
A client of ours has a ground lease with one of the Big three public tower companies. Instead of rent, the landowner gets a straight
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
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
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
Crown Castle (CCI) is the largest of the Big Three U.S. tower companies, and currently owns 40K towers nationwide (followed by American Tower with ~28K