The Basics Of Cell Tower Leasing
Over the last ten years, the number of cell phone around the globe has doubled. Most contributing factors include the drastic increase in the phone prices as well as the rapid adoption of the digital world by most nations. This has led to an automatic expansion in the network service provision industry. It is not possible to effectively use your mobile phone if there is no cell tower around you. It is economically disadvantageous for a network provider firm to install their own cell towers as well as purchase their land. Most companies opt to approach individuals so that they can be leased their land as well as tower companies. This article elaborates the benefits you are going to attain from leasing a cell phone tower.
This is because you are the one to enjoy the fruits of profit from the agreement. 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.
Secondly, you will be able to get long-term profits. Most network providers would want to agree on a long time contract. 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. The assured yearly profits will be enjoyed for a long time.
Once you come into a leasing agreement with a network service provider, you are also at a position to enjoy other benefits. This is because having a cell tower near you ensures that you do not have any network problems. 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. All towers are guarded 24/7 and these guard will also give your compound secondary protection.
For you to make a great leasing deal, you should ensure that you seek advice from a cell phone lease consultant. This is because they will be able to help you know how much the land or tower is 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. The article will give you the basics of Cell Tower Leasing.