- As everyone becomes more reliant on their smartphone, the need to increase the capacity of wireless networks has followed close behind. Many studies have noted wireless data traffic increasing at an upwards of 120% per year. In addition, the number of wireless devices are scheduled to exceed over seven billion devices by 2018-that is more than the amount of people on this earth.
- With more smartphones comes increased data being transferred over the wireless networks, and the wireless carriers making available larger or even unlimited data plans has resulted in not only the need to construct/install new cell sites of all types, but also to retain the existing cell tower, rooftop and other established cell sites.
- Companies like AT&T, Verizon, T-Mobile and Sprint are constantly improving existing cell tower and rooftop sites by upgrading or adding additional equipment to the current leased area. Moreover, the wireless carriers are being required to build out “gap” sites, which are cell sites that are needed to handle the overflow of data being used by customers. Gap sites serve wireless carriers’ need to provide coverage and to increase the data capacity in locations that have exceed their limits.
- The problem that exists for cell tower companies and wireless carriers, and the opportunity that exists for property owners, are that these companies are in need of sites to meet the demand and are being forced to explore “out of bounds” areas that were previously outside the parameters of what was previously normal. These new sites include, but are not being limited to, schools, churches and even residential areas. These areas pose several challenges for wireless carriers, but, on the flip side, provide opportunities for property owners to maximize the value of a new or existing cell site agreement.
- Cell site companies are being forced not only to find new areas to serve their customers, but to find new and different solutions, including camouflage or stealth sites being constructed in areas of your community that would have, years ago, never been considered for a cell tower or rooftop site. Now, property owners are able to not only focus on how much money they can make from a cell site lease, but how to lessen the impact to their property.
Contact us today if you have been contacted regarding a proposed cell site or your existing cell site. We review your proposed or existing cell tower lease free of charge and provide you options you may not otherwise thought were available.