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5G. How Do Property Owners Benefit?

Tower Lease 101 > 5G.  How Do Property Owners Benefit

What to Know About 5G Cell Tower Technology

The first generation of cellular technology (1G) were the analog car phones in the 1980’s. The second generation (2G) introduced in the 1990’s were defined by digital technology with greater audio clarity and at more affordable prices. The third generation (3G) introduced in 2002 had data capabilities, albeit slow. The fourth generation (4G) introduced in 2009 saw improved data throughput to handle the volumes of traffic data generated by the onset of Apple iPhones just two years prior. With every generational improvement in technology, wireless carriers were able to process more calls at lower costs and handle more data throughputs at higher speeds more reliably. Today, the fifth generation (5G) is experiencing over-hyped tech capabilities by the media, just as the last four generations before.

How Do Property Owners Benefit From 5G?

Terabonne’s focus for our clients continues to be negotiating and engineering cell sites that give them the greatest income with the least risk, regardless of the technology platform. When we focus on revenue and risks, we disassociate ourselves from any particular technologies (CDMA, GSM, LTE, UMTS, 4G, 5G, 8G, etc). Since no one can predict the future of technology, we make sure our designs and leases transcend the hype that can take away from what is most important to our clients. Terabonne provides the long-term structures to help our clients profit in any technology platform, not just 5G.

Should You Agree to a 5G Cell Tower Lease?

As an RF engineering firm having designed thousands of cell towers for wireless carriers; both as employees and engineering consultants to AT&T, T-Mobile, Sprint, Clearwire, etc.; we understand wireless technology. We’ve spent decades perfecting this knowledge. 5G is merely a technological evolution of 4G and the other generations before. As experts in wireless technology, we are a substantial player in the wireless industry. With core competency in engineering and wireless leasing, our focus is applying such knowledge to create long-term values for our clients irrespective of the technology flavor of the year. 

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A ROFR grants the tower owner the right to match an offer by some third party who makes an offer to purchase your lease that you accept.

Crown Castle, American Tower ATC, SBA Towers are the “Big Three” tower companies.

Attorneys retained by wireless carriers authorized to review legal terms but never allowed to negotiate financial nor technical terms of the lease because they lack the technincal skills.

A person who specializes in land use matters well knowledgeable in its jurisdictional requirements.

A person hired by the wireless carrier to contact property owners to discuss lease terms. This role has evolved to be landlord facing rather than lease negotiations.

Geographical areas depicted in a circle (ring) drawn by radio frequency (RF) engineers defining the areas requiring new cell towers and technical parameters surrounding such designs.

Companies who build towers and lease back to wireless carriers.  These companies almost always receive Search Rings from wireless carriers defining where carriers need towers to be built.

Radio Frequency engineers who specialize in the radio wave propagation. These are the engineers to define cell tower locations. 

Companies that purchase cell tower leases with the purpose of repackaging (aggregating) them in a larger portfolio and selling them for a profit at a later time.