The Truth About Cell Tower Leasing and Rates
By Mik Kelly
Negotiating a cell tower lease can be very challenging, especially if you and your legal
representative do not understand the telecom lingo.
How will you be sure the actual cell tower rate
you receive is the fair market value? Most attorneys are not very knowledgeable about...
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The Truth About Cell Tower Leasing and Rates By Mik Kelly Negotiating a cell tower lease can be very challenging, especially if you and your legal representative do not understand the telecom lingo. How will you be sure the actual cell tower rate you receive is the fair market value? Most attorneys are not very knowledgeable about cell tower leasing contracts or how to get you the most money from cellular carriers. When you and your attorney don t know the lingo and the cell business, a variety of issues may arise: The cell company forces you to agree to their terms, which you will later be unhappy with Your attorney completely pushes you out of the deal The cellular company has moved on to negotiating for another location In all of the above situations, you are not getting a fair cell tower lease agreement. The truth about mobile tower lease rates is that cell phone providers would rather that you, as the property owner, are kept in the dark. In reality, their site acquisition con
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Cell Tower Lease FAQ s
By Steven Kazella
Q: Who are the carriers who could likely present me with a cell tower lease to be negotiated at my
property?
A: Generally the wireless carrier will not present you directly with a cell tower lease.
One of their
wireless site acquisition or real estate managers will usually contact you first to...
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Cell Tower Lease FAQ s By Steven Kazella Q: Who are the carriers who could likely present me with a cell tower lease to be negotiated at my property? A: Generally the wireless carrier will not present you directly with a cell tower lease. One of their wireless site acquisition or real estate managers will usually contact you first to gauge your interest level. You want to make sure before entering into a cell tower lease agreement with any of the wireless carriers doing business (ATT, Sprint-Nextel, US Cellular, Metro PCS, ClearWire, Verizon Wireless, Alltel, TMobile) or sign a contract with any of the large tower development or rooftop management companies (AAT, Crown, American Tower, SBA) that conduct your due diligence, but don t wait too long. Also if you re lucky enough to be contacted by any of these firms, make sure that your you or your lawyer don t negotiate yourselves out of a cell tower lease. Often times attorney s start marking up a lease agreement just to get billable
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Cell Tower Lease Rates
What are the cell tower lease rates where your potential cellular site is located? Evaluating cell site lease
rates is difficult because there isn t much comparative data available to the public.
What we can tell you
about cellular lease rates is that the cellular carriers are all trying to save money, and they...
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Cell Tower Lease Rates What are the cell tower lease rates where your potential cellular site is located? Evaluating cell site lease rates is difficult because there isn t much comparative data available to the public. What we can tell you about cellular lease rates is that the cellular carriers are all trying to save money, and they are not paying as much as they used to pay for rooftop and tower rentals a few years back. Landlords and property owners are usually contacted by the carriers via third party site acquisition leasing companies who are paid for identifying sites and getting a lease signed at a new cell tower site. They are paid on the rental price and the terms that they can negotiate. The better the terms for the carrier, the more potential the leasing consultant has for making a larger bonus. Translated, the worse the deal is that they shove down your throat, the more money they make. If they tell you they are not paid on a schedule that rewards them for giving you
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Cell Tower Leases Exposed
Negotiating cell tower leases is difficult when both you and your attorney don t speak telecom legalese.
How can you be certain the cell tower lease rate you are negotiating for is fair market value? Although
your attorney may have helped you to close real estate deals, handled litigation or other complex...
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Cell Tower Leases Exposed Negotiating cell tower leases is difficult when both you and your attorney don t speak telecom legalese. How can you be certain the cell tower lease rate you are negotiating for is fair market value? Although your attorney may have helped you to close real estate deals, handled litigation or other complex transactions in the past, and may even be a good friend, chances are that in 99% of all cell tower deals, they don t too much about cell tower leasing, or how to deal with the carriers. Picture the following cell tower leasing scenario. Imagine that the cellular carriers and their attorneys are a pack of hungry lions. Landlords and your attorney are a young animal separated from the herd. Without proper protection, you don t stand a chance. Wireless carriers and their attorneys will impose their terms on you especially if you or your attorney don t speak telecom legalese. By the time you realize what s going on, it s too late; you ve either agreed to t
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Negotiating a Cell Tower Lease
By Ken Schmidt
A recent survey of the FCC s antenna structure registration database showed that in 2001 there were
roughly 89,000 antenna sites registered with the FCC.
Today, there are over 109,000 registered sites.
It
is important to note that most towers under 200 are not required to be registered,...
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Negotiating a Cell Tower Lease By Ken Schmidt A recent survey of the FCC s antenna structure registration database showed that in 2001 there were roughly 89,000 antenna sites registered with the FCC. Today, there are over 109,000 registered sites. It is important to note that most towers under 200 are not required to be registered, so there are significantly more towers in the US than this number suggests. All of these sites are on someone s property, whether the tower company or antenna site owner owns the land underneath it or is leasing it. Over the past 5 years, the tower companies and wireless carriers have predominately chosen to lease land rather than buy it. Assuming that the increase in antenna structure registrations constitutes just 50% or all new leases, in the last five years, that yields 40,000 new cell site leases. From my experience in the industry procuring land and structure sites for cell towers and antenna sites, the vast majority of the landowners who are ap
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Renegotiating a Cell Tower Lease- Can It Be
Done?
By Ken Schmidt
While cell towers actually started being built in the late 1970 s, the boom in development did not really
start until Congress passed the Telecommunications Act of 1996.
Instead of having two wireless
providers in any one area, customers now found that there were up to...
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Renegotiating a Cell Tower Lease- Can It Be Done? By Ken Schmidt While cell towers actually started being built in the late 1970 s, the boom in development did not really start until Congress passed the Telecommunications Act of 1996. Instead of having two wireless providers in any one area, customers now found that there were up to eight companies with licenses from the FCC to provide Personal Communications Service (PCS) in their area. Initially, each wireless provider built its own towers and rarely collocated (shared) on the other s towers. This made for rapid development of communication sites and towers and a plethora of landowners with cell towers on their property. As you can imagine, many landowners had little to base the lease negotiations on and signed agreements that were substandard in comparison to today s lease rates. Today, with the advent of much information (or misinformation) on the internet, those same landowners are learning that the deal they signed might not
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Thinking about leasing a cell tower site? Here
are a few tips:
1, Read the small print! Look carefully at the right of way terms and the assignments clauses.
Some cell
phone tower contracts forbid you to sell the lease to anyone including your own family for the term of
the lease.
And if they have renewal clauses it could be tied up...
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Thinking about leasing a cell tower site? Here are a few tips: 1, Read the small print! Look carefully at the right of way terms and the assignments clauses. Some cell phone tower contracts forbid you to sell the lease to anyone including your own family for the term of the lease. And if they have renewal clauses it could be tied up well after your death. 2. Many wirelss carriers pay a leasing agent (or site acquisition agent) a bonus if they sign you to a lower priced cell tower contract. So even a difference of only 1% over the life of a cell tower lease can be almost $200,000 or more. Try to visit other cell tower sites and ask the present owners what they are getting for a cell phone tower lease. 3. Watch for those if you don t decide in the next hour pressure tatics. Cell tower sites are increasing as the demand for wireless increases. Cell phone tower sites are not just for cell phone service, also to radio and TV broadcasters, federal, state and local governments and o
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All About Cell Tower Leasing
By Mik Kelly
Cell tower leasing is a type of property contract which takes place between a telecom company and the
owner of the land in which the cell tower is to be erected.
With telecom giants being always on the
lookout to construct their tower, the owner s of high rise buildings in cities and those of...
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All About Cell Tower Leasing By Mik Kelly Cell tower leasing is a type of property contract which takes place between a telecom company and the owner of the land in which the cell tower is to be erected. With telecom giants being always on the lookout to construct their tower, the owner s of high rise buildings in cities and those of strategically located tracts of land in rural areas can hope to earn some extra income by entering into a cell tower lease. Sitting on a potential cell tower site entails that the owner might as well educate himself in the matters of laws and regulations governing the lease lest he is approached by a buyer. Certain factors which need to be checked prior to granting the lease are studying the terrain in terms of its suitability for the purpose, the local ordinances governing the property especially security measures and whether the company is in possession of authorization from the carrier. It is equally imperative to be aware of the owner s rights in t
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Beginner Songwriting 101
By Richie Gilbert
Are you looking for some beginner songwriting tips and advice? Then you ve come to the right place! I ll
share with you some strategies that will help you on your way to becoming a better songwriter in no
time.
But first, let me say that songwriting is an art and a craft, one that must be...
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Beginner Songwriting 101 By Richie Gilbert Are you looking for some beginner songwriting tips and advice? Then you ve come to the right place! I ll share with you some strategies that will help you on your way to becoming a better songwriter in no time. But first, let me say that songwriting is an art and a craft, one that must be nurtured. Some people seem to have a knack for writing songs, but it takes more than natural talent. To move past the beginner songwriting phase and get really good at writing a song, one must practice. A lot. All of the great, successful songwriters were once at the point you are at now. They found themselves drawn to this wonderful world of songwriting, and found that they possessed a natural ability for it. But this ability needed to be worked and practiced before they were able to write really good (or great) songs. So here are a few tips to get you going on the road to becoming a better songwriter: Write Regularly There s nothing like regular pra
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Benefits of the Songwriting Process
I think we ve all heard that we should enjoy the journey.
This may be applied to many things including
life itself.
However, this adage is particularly true in the process of songwriting.
Songwriting has been an enjoyable avocation for me.
Of course, there are ultimate goals that I would
like to...
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Benefits of the Songwriting Process I think we ve all heard that we should enjoy the journey. This may be applied to many things including life itself. However, this adage is particularly true in the process of songwriting. Songwriting has been an enjoyable avocation for me. Of course, there are ultimate goals that I would like to achieve, but there is also the everyday enjoyment that comes from learning and creating something new. Besides, we all have a choice. We can rush through the songwriting process to make millions of dollars, or we can enjoy every step along the way with better probabilities for retaining what we learn. Taking the process one step at a time allows us to truly appreciate songwriting as an art and it teaches us the more important reasons for writing songs in the first place. That is, we can find fulfillment from songwriting even when the songs do not produce income. It is a wonderful form of expression, but there are many examples of great songs that nev
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