| |
| |
|
Mobile & Cell Phone Information |
|
|
|
Renegotiating a Cell Tower Lease- Can It Be Done?
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 be a good one. As the standard cell tower lease is a 25 year lease with termination rights only vested in the lessee (cellular carrier), the landowners often wonder if they can get out of the lease or renegotiate it. The answer to this question is not an easy one and resides in the cell tower lease document. Fortunately for some landowners, the lease agreements signed in the early days after 1996 were not as advanced as those of today. Many lease agreements were only for 10 years and landowners with those types of agreements may now have the ability to reneogtiate for a better deal. The key here is that the lease agreement must state that the landowner has the right to terminate as well as the lessee. If so, then that opens the opportunity to renegotiate. Many times, the wireless company that owns the tower will be in touch way before the lease expires to renegotiate. If the lease does not give the landowner the right to terminate, then the chance of successful renegotiation declines. The only basis for renegotiation would be if the wireless company has breached the lease agreement by failing to pay or by violating another clause. It is important to note that most lease require that the landowner notify the lessee of a breach and they are given the opportunity to cure it. The most common reasons for breach in a cell tower lease include failure to pay rent, failure to get approval to sublet the site to another company, failure to get consent to an assignment of the tower, and failure to maintain the site location as required. If you believe that the tower owner has breached the lease, seek legal counsel and make sure to notify the tower owner promptly. In the event that you decide that a lease can be renegotiated, it is best to hire a consultant or attorney with experience with in negotiating wireless leases and whom is familiar with what fair market rates are for communication tower and cell site leases. If you determine that the lease cannot be renegotiated, then just sit back and continue to receive your "mailbox money". Ken Schmidt is the owner of Steel in the Air, a cell tower consulting firm. Steel in the Air provides expert consultations on cell tower valuation, cell tower lease negotiations, lease renegotiations and lease buyouts. Ken has been quoted on cell towers in the NY Times and numerous other publications.
MORE RESOURCES:
Google News |
|
|
|
RELATED ARTICLES
Prepaid Cellular Phone Reasons why someone would purchase a prepaid cellular phone.Prepaid cellular phone is an alternative to a monthly cellular phone plan. So Many Cell Phone Providers! Wherever you're located, the likelihood of having a choice among several cellular service providers for your wireless needs is high. Major cities usually have a choice between 3-5 major service providers and another 2-4 mini cellular players. UK Top 40 Singles: Should It Include Ringtones As Well? I noticed two interesting stories today. The first one on the BBC stated that from Sunday the UK singles chart will include online downloads for the first time, which will have a major impact on the top 10. How to Find the Best Long Distance Rates These days the best long distance rates are not found with your home carrier. There's too much competition in the marketplace and many people are discovering that a prepaid card can actually save them money. Prevent Phone Monitoring with Digital Spread Spectrum If you are using an analog cordless or cellular telephone, someone is listening to your conversations!You'll notice I did not say someone might be listening to your telephone conversations, or there is a possibility that your telephone conversations can be overheard. Simply put, your telephone conversations are being monitored! Radio hobbyists, with their scanners being used as spy equipment, have the capability to listen to telephone conversations and we must assume that a small percentage do from time to time. Mobile Commerce: An Expectation for the Mobile Users In Pakistan Mobile commerce is electronic commerce over wireless devices. Mobile commerce refers to transactions using a wireless device and data connection that result in the transfer of value in exchange for information, services, or goods. Cellular Phone Services & Bill Payment Services: The New Wave For Merchant Retailers PREPAID CELLULAR TIMEPrepaid Cellular Are A Smart Choice!There are huge demands for prepaid services all over the world, somewhere in the neighborhood of 120 million prepaid cellular and long distance users in North America along. The growth of the pre-paid wireless industry has been truly astonishing, and there is no end in site. The Benefits of Digital Analogue is the process of taking an audio or video signal and then turning it into electronic pulses. Digital is the process of turning the signal into a binary format, represented by a string of 1's and 0's. 10 Questions About Cellular Phones Answered 1. What's the difference between analog and digital phones?Analog phones operate on an older and less effective technology. Mobile Phone Radiation - The Facts & How You Can Protect Yourself With This Simple Technique! Firstly, it's vital to point out that this short report is NOT one of my many tips or secrets related to saving an absolute fortune on your Mobile Phone expenses. It's about something even more serious and that is - your health and quality of life!Now it's important for me to mention at this stage that I am not a scientist or a doctor, however being a person closely involved in the mobile phone industry for many years I wanted to give you a strong insight into the concerns about Mobile Phone Radiation and the protection you need from EMR (Electro Magnetic Radiation). Toll Free Virtual PBX Systems Level the Playing Field for Small Businesses Technology, some people fear it, some resist it, and others embrace it. As a small business owner, it could be the best thing that ever happened to your company. Cellular Phones - Things to Consider When Buying a Phone Staying connected with a cell phone has become a way of life for most people. As a result, there are many types of cell phones on the market. The Cell Phone Store Effectively everybody wants the hottest and best cheap cell phones nextel, cheap cell phones in canada, cheap cell phones only when they are shown on TV. Also, there are various means of personalizing the phone to suit everybody. PDA Cell Phones - the New Generation of Wireless Phones It's time you know what the latest technological gadget is. In fact, this new toy is buzzing everywhere nowadays. Cellular Phones and Television What if you want to catch up on the morning TV news passing the time away on your morning train commute into the city. Stuck in line somewhere and want to find out what your favorite sport team is doing. Why Mobile SMS/Text Messaging? What is Mobile SMS/ Test Messaging?Mobile text Messaging, or Short Message Service (SMS), as we all know it, is the ability to send and receive text messages to and from mobile telephones. The text can comprise words or numbers or an alphanumeric combination. Overview of Cellular Phone Carriers How many times have you heard of people spending hundreds of dollars on the latest and greatest cell phone only to be disappointed by the bad signal? Dropping calls is another very annoying occurrence with cell phones. You need to look very carefully into the cell phone carrier that you wish to sign up with. Are Cellular Phones Just a Fashion Accessory? Cellular phones are used by millions of people in the United States and around the world. They are such a great device! With a cell phone, you can talk to anyone on the planet from just about anywhere! These days, cell phones provide an incredible array of functions. Cell Phone Plans - Choices Abound! The Future Is FlexibleGone are the days when the only way you could afford a cell phone was to buy into a lengthy cell phone plan. In those early days, a cell phone plan included a seemingly ironclad contract that lasted a minimum of three years. Mobile Phone Accessories Discounted Mobile Phone AccessoriesMobile Phones have become a part of everyday life with more and more people enjoying the service and extra freedom they provide. Their popularity has prompted BB Shopping - a leading UK online store to offer mobile phone accessories as gift items at discounted rates to our customers.
|
| home | site map |
| © 2006 |
