The Basics Of Cell Tower Leasing
There has been a rapid increase in cell phone owners in the recent years. The main reasons for this rapid increase are the motive by cell phone companies to lower down their mobile prices as well as the shift to a digital world. This has led to an automatic expansion in the network service provision industry. It is mandatory that you are at the range with a cell phone tower so as to enjoy quality phone communication and internet. It is economically disadvantageous for a network provider firm to install their own cell towers as well as purchase their land. This is why most companies go for a second option which is land and tower hiring. This article elaborates the benefits you are going to attain from leasing a cell phone tower.
First and foremost, you will be able to get gross profit. If you have a land for leasing or a tower that you may lease to a network provider you will get a great profit. This is because once you come to an agreement on the amount to be paid, you will receive the amount either monthly or twice a year. The great thing about leasing is that the land or tower still remains your even after enjoying the profit.
The other advantage is that the profit you get will be served to your for a number of years This is because there is no network service provider that would want to make an agreement on a short-term lease. This is because it would be inconvenient for them to make a one-year agreement and after that look for another tower and land to hire. That is why it is hard to find a leasing agreement that involves leasing for less than five years. Leasing your land or tower for that long enables you to enjoy long-term profits.
There are secondary benefits that you are likely to enjoy from leasing. For instance, if you lease part of your land or have the tower that you have leased near you, you will be able to have full strength network. There are other network provider companies that will allow you to use their back up power when there arises a power blackout. Also, you will be able to enjoy the privilege of doing away with power blackout due to the availability of secondary power. The fact that cell towers are usually guided, the security personnel will end up guarding the tower as well as your home saving you security cost that you have ended up incurring.
A cell phone service consultant is a very crucial person to hire for you to strike a worthy deal. This is because they will be able to evaluate how much the lease items are actually worth. You are assured of enjoying maximum if you get to involve a cell tower consultant in the agreement negotiation as opposed to going for the negotiation all by yourself. Above are the basics that you should know about Cell Tower Leasing.