Municipalities across the country are often contacted by companies looking to purchase their cell tower lease assets. A lot of times this can be tempting for a municipality, as a large lump sum of money is very attractive, particularly for an entity operating on a fixed budget. Usually the amount is a large sum of money, which would be an “easy” way to fund municipal projects.
However, a municipality must look beyond the enticement for instant cash and focus to the real value of their cell tower lease, not to them but to the company looking to make the purchase. Vertical Consultants works with municipal clients to review all options available to them and assists with making an informed decision by realizing not only what the “real” value of their lease is, but, as importantly, understanding what they are being asked to give up as part of this transaction.