Cell sites, including towers, water tanks, and rooftops have been selling at record highs for the past year or so. But are cell site values going to stay solid or have prices topped out and are beginning to soften?
It’s been almost a year since Sprint and T-Mobile rocked the cellular world with their application for approval for a merger to the FCC. This application, with the disclosure of “cost-savings” plans to decommission tens of thousands of websites, sent a shock wave through cell tower owners, consumers and across the country.
Your cell tower leases are an important financial asset, just like a savings account, retirement account or rental property you may own. Each of these financial assets has a specific value, risk and return associated with it. And all things being equal, most of us want to maximize the growth and value of our financial assets.