AT&T Wants to Buy Your Tower! (Well, Not Really)

A client of ours owns more than a few cell towers that have AT&T as a collocation tenant.  They recently received this letter, yet another in a long line of letters that threaten the tower owner with some dire consequence if they don't renegotiate or sell their tower to AT&T.    In this case, the […]

American Tower’s Aggressive Response to Build-To-Relo Towers

Previously, we wrote about Tillman Infrastructure, a tower company that has expanded significantly to build towers near existing towers to encourage wireless carriers to move from the existing tower to the new tower, all in an effort to reduce lease rates. For over a year now, tower companies have publicly discounted the impact of these “build-to-relo” […]

Et Tu, Brute? Verizon Appears to Have Hired Accenture to Renegotiate Cell Tower Leases Using Same Tired Threats of Relocation

A municipal client, who has multiple public safety towers upon which Verizon is colocated, received a call and letter from a Verizon representative asking for reduced lease rate terms and escalation. The letter is on Verizon letterhead and does not make clear the relationship between Accenture and Verizon but refers to the Accenture employee or […]

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 claim that if the landowner doesn’t agree to concessions, that Lendlease will consider relocating the Sprint site. If you receive a similar request from Sprint, LCC, or Lendlease or another cell tower lease optimization company, […]

MD7 and the Value of a “Guarantee”

In the last 6 months, Md7 has been offering landowners a guarantee on their T-Mobile ground and rooftop leases equivalent to 10 years. What may not be clear when they offer this guarantee is that T-Mobile is not the company making the guarantee- instead a subsidiary of Md7 named Md7 Capital Three is making the guarantee.

AT&T Mistakenly Reduces Cell Phone Tower Lease Rent

AT&T (previously Cingular), through a lease optimization firm (either BlackDot or Md7), contacts a landowner with a cell phone tower lease with AT&T and requests that the owner reduce their rent. The landowner tells AT&T that they won’t reduce the rent and does not agree to the proposed amendment to the cell phone tower lease. […]