AT&T Terminated 630 Cell Sites in 2019

AT&T (via BlackDot), is contacting tower owners and landowners and trying to convince them to renegotiate their leases.  If you have read our previous content- there isn’t much new to this renegotiation story except for the following letter that they provided to one of our clients. The highlighted part is the interesting part- AT&T claims […]

Lendlease’s New Renegotiation Efforts on Sprint Rooftop Sites

If you have followed our musings over the years, you know that we don’t like the lease renegotiation industry.  In the past we have observed some companies (not Lendlease, Tower Alliance, or Softbank/Sprint) use high-pressure tactics, sometimes outright misrepresentations, and downright aggressive salespeople to convince landowners to agree to terms that are not advantageous to […]

Weird Revenue Sharing Clause

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 […]

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.