News & Articles

As we step into 2024, major tower companies have seen their stock prices dip slightly after a strong rebound towards the end of 2023. What do these fluctuations signify in the market? Tower operators are seeking ways to compensate for reduced carrier spending, one strategy being negotiating rent reductions with

Market capitalization at the start of 2015 CCI – ~26.15B ATC – ~39.14B SBA – ~14.28B Market capitalization today CCI – ~46.83B ATC – ~95.04B SBA – ~24.91B Market capitalization growth rate CCI – ~79.08% ATC – ~142.82% SBA – ~74.44% Since 2015, American Tower has consistently led in growing

If you’re a property owner with 5 years left on your lease and the cell tower operator contacts you for an extension or buyout, it’s important to weigh your options. However, you quickly pivot to no buyout as you want to keep the monthly lease payments for a myriad of

When a site acquisition specialist reaches out to you regarding the possibility of a cell tower being built on your property, it doesn’t mean you are the only option.  In many cases these specialists are securing options for all neighboring property owners within the search ring they are working for

These are cell tower sites in which the cell tower operator is losing money on an annual basis. They are usually cold steel towers in which the anchor tenant has terminated leaving the tower “cold steel.” There are some towers that may have a tenant or two on the tower

Most cell tower ground leases contain an escalator. That escalation is either a term increase or annual. When negotiating with a cell tower lease operator, you are much better off in the long haul to obtain a yearly escalation rather than a term escalation. A Term Escalator is typically a

The Telecom industry in 2023 has seen its fair share of twists and turns, and a recent development caught my eye. A U.S.-based tower company aims to raise $2 billion by selling approximately 3,000 leases on sites where they hold perpetual easements under cell towers. The article delves into specifics

Consent is an important provision in a cell tower land lease.  Anytime work is being done on the tower, it’s possible that the cell tower operator may need to get written permission from the property owner.  As you can imagine, that can be a nuisance which is why consent can

A compound expansion is when a cell tower operator lacks the space in the current leased premises to accommodate a new carrier, generator or other improvement.  If you are a property owner with a cell tower lease, it’s important to understand how the lack of additional space in a compound

Market capitalization at the start of 2015. CCI – ~26.15B ATC – ~39.14B Market capitalization today. CCI – ~50.96B ATC – ~97.13B Given recent leadership changes at American Tower and Crown Castle, I thought it would be an interesting exercise to consider a simple, yet telling, market capitalization comparative look