5G Network Technology Calls for Influx of Cell Towers, Expert Warns About Contracts
Tower Leases, the industry leader in cell tower negotiation, is warning people about contracts with imminent high demand of cell towers.
ATLANTA, December 17, 2018 (Newswire.com) - The country is about to see an explosion of cell towers as a result of the oncoming 5G technology boom. It’s estimated that at least 300,000 new cell towers will be added in order to support the advanced technology. Cellphones currently use 4G technology, which utilizes over 200,000 cell towers around the country. The 5G technology is slated to be 100 times faster but will require the addition of many more, smaller cell towers. This means many landowners will be offered a new cell tower lease. However, as the cell tower industry leaders warn unless those people are familiar with cell tower leases, there is a good chance they will be taken advantage of.
“Most people who are approached with an offer for a cell tower lease agreement are not familiar with the going rates or in how to negotiate a fair contract for it,” explains David Espinosa, president of TowerLeases.com. “This means the communications companies are at a huge advantage and will come out far ahead. If you want to get a fair contract for allowing them to put their tower or antenna on your land, then you need a cell tower expert in your corner.”
Espinosa has helped many people to negotiate better cell tower contracts. He has assisted people in addressing such issues as cell tower lease buyouts, getting the best deal on their tower lease, and determining how long their cell tower contract should be. Using his experience and expertise, he is able to review a cell tower contract and determine if the person is getting a fair deal. He takes such factors into account as the area bylaws, property values, and more. He knows the variables that make a difference when it comes to negotiating the best possible cell tower contract.
The bottom line is that there are going to be thousands of landowners approached about cell tower lease contracts in 2019, with the companies investing $500 billion in the technology upgrade. Only when you have a cell tower lease expert in your corner can you ensure that the deal will be a win-win.
To help cell tower leaseholders or those approached with a lease, Espinosa offers a free 30-minute telephone consultation. Landowners who engage in the free consultation come away knowing if they are getting a fair contract offer or if they are leaving money on the table. They will learn about the tools and information that can help them leverage a contract that they are comfortable with and is fair.
“The bottom line is that there are going to be thousands of landowners approached about cell tower lease contracts in 2019, with the companies investing $500 billion in the technology upgrade,” added Espinosa. “This new technology is going to make cell companies a lot of money, but they can’t do it without landowners who agree to host their antennas. It’s imperative that you enter into a contract where you get compensated fairly for them using your land. Only when you have a cell tower lease expert in your corner can you ensure that the deal will be a win-win.”
TowerLeases.com has been providing cell tower lease counseling and negotiating services for over 12 years. They are the go-to source for both private and public landowners, as well as for government bodies in need of a cell tower lease expert. Those interested in exploring their new website or arranging a free 30-minute lease consultation should visit their site at TowerLeases.com or call (866) 746-8907.
Located in the Atlanta area, TowerLeases.com serves the entire country with cell tower lease consultation and negotiation services. Their mission is to help protect those leasing their land for cell phone towers. They offer a free consultation to see if their services would be a good fit for those already leasing their land for a cell tower and those considering doing so. Their services are available in Brazil and have now expanded to South America. For more information on the company, visit their site at www.TowerLeases.com. For a free 30-minute consultation regarding cell phone tower leasing, call (866) 746-8907.
Categories: Real Estate