Cell sites, including towers, water tanks, rooftops, have been selling at record highs for the past year or so. But does that mean prices have topped out and are beginning to soften? Or does it mean there are even greater values ahead of us.
Are the chances increasing for a major increase in cell tower decommissions in the near future? That is almost guaranteed if the application for T-Mobile/Sprint merger, filed with the FCC on June 18, is approved.
While it may be debatable whether the proposed merger between Sprint and T-Mobile will be good for consumers, lease cancellations and cell site decommissions could be significant for cell tower owners and cellular property owners.
Crescendo Capital Partners announced it has closed its third infrastructure investment fund which will be dedicated to cell tower and cellular lease acquisitions, as well as billboard and alternative energy assets,
The last thing most municipalities and local governments need is additional pressure to do more with less income. Well that could be coming your way, thanks to new cellular technologies, legislative initiatives to reduce cellular rent rates and pressure from telecoms for future rent reductions on existing leases.
In just a few years, cell towers have become an ubiquitous part of almost every skyline and panorama. Well new technologies are being developed and tested that could replace 20-30 cellular towers with a single technology, laden, tethered airborne platform: blimps.