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 in its cell tower leases that gives them the right to match other offers. The language is overly broad and as such, many landowners don’t like it. As it was, […]
Some landowners with AT&T towers on their property are being contacted by Octagon Towers. Octagon Towers asks the landowner to either extend the AT&T lease or consent to assignment by AT&T to Octagon. Read further to know what you should do about these requests.
What is “future consent” you might ask? It is when a tower company asks for consent before they actually need it. In this case, Crown Castle is sending letters like the one below to landowners who have leases that require consent before something is allowed to happen. SItuations that might require consent include modifications to […]
One of our clients received a proposal from a tower company that included a revenue share clause. Generally, revenue shares are not proposed by wireless carriers and even less so by tower companies. However, because our client is a governmental entity, I assume the tower company figured it would be better to put a revenue […]
Every year, we put together our prognostications for the coming year. This year, we are obviously a little late – primarily because the beginning of the year has been very active for SITA. In the final days of 2017, I drafted a “State of SITA” email to our staff, predicting that 2018 would be the […]
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 with other wireless carriers) would prefer not to have an informed third party purchase the rights to a Verizon ground or rooftop lease. Having to work through a lease […]
Cell Tower Lease Site Acquisition Flow Chart