Cell Tower Lease Termination Clause
Cell Tower Decommissioning Notices and Lease Termination
When T-Mobile officially acquired Sprint in April 2020, Terabonne began to see Cell Tower Lease Termination and Decommissioning Notices from T-Mobile in August 2020 show up at our commercial clients’ locations. As expected, T-Mobile’s first wave of site terminations were at properties where both Sprint and T-Mobile exist on the same cell tower or rooftop. T-Mobile hired companies across the country and instructed them to get their cell sites decommissioned as cheaply as possible, often at property owners’ expense. At Terabonne, we’ve stepped up the contractual and technical enforcements to protect our clients’ interests. More importantly, you as the property owner have options in a decommissioning event that T-Mobile will not share with you.
Call Us Today to Explore Your Options
Let’s be creative. You don’t need to be a victim in a site decommissioning situation. In fact, it could even be a blessing in disguise. Wireless carriers will have you believe that they will terminate the lease and stop paying you rent. The end. However, there’s more to the story. There are no standard lease termination languages. Companies from across the country have negotiated independently over the past decades. The termination clauses are all different. Wireless carriers also have interests and motivations too. Understanding how to investigate the carrier’s interests and turning them to the property owner’s advantage is where Terabonne comes in. If you received a cell tower lease termination notice from your wireless tenant, please call us to explore your options together.
Let’s discuss your cell tower situation. We will share with you what we know about the cell tower on your property. Never a fee until we agree to work together and we deliver results. Our services and fee will always be in writing before we start work. Email, call or send us a message anytime.