Investment bankers in Canada offered to buy three large telecoms’ towers, worth billions of dollars, to no avail. The three telecom giants, BCE Inc., Telus Corp. and Rogers Communications, felt it was more advantageous owning their own towers outright. According to BCE, Inc. spokesman, “Owning cell towers directly helps keep costs down. Inserting a third-party tower owner that takes a profit only increases both costs and complication, as our towers often carry cell sites for multiple companies.”
Did the telecom companies make a smart decision not to sell their towers? This scenario is similar to property owners who have received buyout offers for their cell tower leases. A property owner could lose out on potential revenue from co-locators on the tower. These third-party buyout companies do not want you to have the same knowledge they do, nor do they want you to be properly represented.
Vertical Consultants will provide you with expert representation that will include not only negotiating on your behalf the maximum buyout for your cell tower lease, but we will also assist you in the negotiation of all documentation associated with such a transaction to make sure you not only get the most but give up at the least. The company buying your lease has experts on their side trying to make the best deal for them, shouldn’t you have the same?