Posts in:September, 2014

As cell phone usage goes up so has cell tower values

Posted September 22, 2014 by admin

We are in a data driven world. At Cell Site Capital we get asked to appraise cell site locations on a regular basis. Most cell site lease holders are trying to understand why they receive call, after call, after call, each week about their cell tower. Values have been peaking the last quarter for cell sites. As the world becomes more mobile, the values of cell towers have increase. Here are some facts:   -Data traffic on wireless networks exceeded 1.1 Trillion megabytes. That is 105% increase year over year. -There are over 78.2 million active smart phones, 57% increase over last year. -$68.3 BILLION, yes $68.3 BILLION in wireless data revenue for the carriers. Most people do not think of Continue reading…

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Verizon is about to sell their towers, should you?

Posted September 18, 2014 by admin

Verizon Communications Inc. CFO Fran Shammo stated the $4.83 billion AT&T Wireless received for selling its wireless towers opened the company’s eyes to the potential benefits of a similar transaction. Verizon has the only large portfolio of towers left to purchase by the tower companies. Verizon has an estimated 13,000 to 15,000 towers and continues to grow it’s cell network. Wireless carriers including AT&T and T-Mobile have sold it’s tower’s as a way to raise cash at a time when tower companies like Crown Castle International, American Tower Corp. and SBA Communications have been flushed with cash and are buyers. In December, AT&T sold Crown Castle 600 towers and the exclusive rights to lease 9,100 more towers for an average Continue reading…

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