Mobile & Cell Phone Information


Contemplating Selling Your Cell Tower Lease For A Lump Sum?


Many landowners who have leased land for a cell tower on their property are receiving letters from third party companies. These letters suggest to the landowner that due to wireless carrier consolidation and due to technology, that the cell tower lease may be terminated early. By selling the lease to one of these companies, the landowner averts the risk of early termination and can recieve a lump sum immediately.

What is important to note is that these companies would not be interested in buying the lease if they felt that there was a significant risk that the lease would, in fact, be terminated. The reality is that cell towers are going to be around for a long time and the leases will continue. That is not to say that your particular cell tower lease is not susceptible to termination, especially in light of carrier consolidation. Recently, wireless companies like AT&T and Cingular have merged. (Both AT&T and Cingular are trademarks of their respective companies). Estimates of how many duplicative sites will be terminated as a result of this merger range from 8,000 to 20,000 sites. While the exact number is unknown, some landowners will receive termination letters in the mail. It is possible to determine whether or not your particular site is susceptible to termination by reviewing the cell towers in your area.

The sale of the land leases for a lump sum is one way of averting this risk. Additionally, there are other reasons why an individual landowner might want to consider selling his cell tower lease rights. These reasons include a scenario where the landowner has plans to sell the underlying property in the next few years. Another scenario is where the lump sum payment can be used to extinguish existing high interest debt.

One area that every landowner contemplating selling a cell tower lease should be concerned with is the taxation of the transaction. It is imperative that you consult with your accountant regarding any offer and whether or not the payment is susceptible to capital gains treatment.

Lastly, there are industry experts available who can assist you in the determination of whether or not the sale of your lease asset is a sensible decision. Make sure that before you make a potentially costly decision, you consult with your accountant and industry experts.

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 buyouts, lease renegotiations and lease buyouts. Ken has been quoted on cell towers in the NY Times and numerous other publications.


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


North County Outlook

Hair Bar opens in Marysville
North County Outlook
Although Hackett notes that the online booking is not working through mobile cell-phone browsers currently. Once the business has more staff, Hackett said she expects they will be open for a regular schedule. “It'll be Tuesday through Thursday, 9 a.m ...



Smith Mountain Eagle

Lake region braces for Florence
Smith Mountain Eagle
Hall noted that a mobile cell phone charger also would be useful. In anticipation of the arrival of Hurricane Florence, Appalachian Power is set to perform a slow drawdown of its major reservoirs, including Smith Mountain Lake and Leesville Lake ...

and more »


Wednesday Law Log, 9-12-18
Asheboro Courier Tribune
9: Eric Lene Currie, North Fayetteville Street, Asheboro, reported the larceny of his T-Mobile cell phone valued at $200. There is a suspect in this case. * Sept. 8: Luann Hoover Cagle of Woodland Hills, Vision Drive, Asheboro, reported the larceny of ...



Britain obtained't pay £39billion 'divorce' bill in no-deal Brexit, EU warned
Newsline
... cease — for now ROAM ALONE Brits WILL like free mobile cell phone roaming in some unspecified time in the future of the EU even when there is No Deal YOU'RE BARRED! What's Strika? Why is Wetherspoon banning Jagerbombs and various EU drinks ...

and more »


WhistleOut Canada (blog)

Top Virgin Mobile Cell Phone Deals
WhistleOut Canada (blog)
Article Summary. The best iPhone deal on Virgin Mobile is the iPhone 8 (64GB) for $0 on 2-year Diamond plans. Virgin Mobile's best deal on Android smartphones is the Samsung Galaxy S9 for $0 down with a free Samsung Galaxy Tab E if you sign up for a ...

and more »


WhistleOut Canada (blog)

Best Virgin Mobile Cell Phone Plans
WhistleOut Canada (blog)
Article Summary. The best cell phone plan on Virgin Mobile is the $65 BYOP Plan with unlimited talk and text and 6GB of data. The best talk and text (no data) plan with Virgin Mobile is the $35 BYOP plan. The best Virgin Mobile prepaid plan is their ...



WhistleOut Canada (blog)

Best Freedom Mobile Cell Phone Plans
WhistleOut Canada (blog)
Article Summary. With Freedom Mobile, the best unlimited plus data plan is the Plan at $50/month with 13GB of data and unlimited talk anywhere in Canada. The best talk and text plan is the $30 Home 500MB plan with unlimited talk and text on Freedom's ...

and more »


CMAJ

Mobile cell phone technology puts the future of health care in our hands
CMAJ
The advent of smartphone technology and mobile applications has increased the potential impact and scope of mobile health (mHealth) dramatically, but the challenges of bringing this technology into wider practice are substantial. Although downloads of ...



WhistleOut Canada (blog)

Top Freedom Mobile Cell Phone Deals
WhistleOut Canada (blog)
Article Summary. The best iPhone deal on Freedom Mobile is the iPhone X (64GB) for $0 down and $95/month. The best Android deal is on Google's flagship Pixel 2 (64GB) for $0 upfront and $65/month. Freedom Mobile's best low-cost smartphone deal is ...



Chicago Tribune

Police: Trailer stolen from Oak Park home recovered on shoulder of Interstate 290
Chicago Tribune
Someone entered a car parked in the 100 block of North Taylor Avenue and stole an iPhone, a Boost Mobile cellphone, keys and a lunchbox valued at $755 between 12:45 p.m. and 12:55 p.m. Sept. 7. Someone entered an open garage in the 1100 block of ...


Google News

home | site map
© 2007