As cell phone usage goes up so has cell tower values
Posted September 22, 2014 by adminWe 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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