Non-Cellular Companies That Lease Cell Towers

Or How to Sell a Cell Tower for $2,000,000 A tower owner client of ours asked us for help in documenting for their lender that cell towers are used by many companies, not just cellular companies.  To assist, we established the list of non-cellular cell tower leasing companies.  Most people understand that the typical cell tower […]

How the sale of Verizon towers will impact leaseholders

WHY VERIZON’S TOWER SALE WILL SET THE MARKET Verizon has hired an investment bank to assist it with the possible sale of its tower assets.  Macquarie Securities analyst Kevin Smithen estimates that there are 12,500 towers that might be part of the offering.  We suspect that the actual number will be smaller than that but […]

Good news for rural landowners: more cell sites

Sprint adds 15 rural carriers to its Rural Roaming Network, an initiative that originally launched during the first half of 2014 with 12 regional wireless providers.  Currently, Sprint has expanded its LTE footprint across 565,000 square miles in 27 states.  Sprint is also involved in a Small Market Alliance with NetAmerica, which will provide rural […]

How COAS Can Benefit from Cell Site Leases

In the United States, there are over 300,000 cell sites, encompassing those that are located on cell towers, other structures (like telephone poles and water towers), and rooftops.  Ken Schmidt, President of Steel in the Air, estimates that in Florida, there are between 500 – 750 cellular leases tied to rooftops located on condominium buildings.