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.