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Tower Consultants For Landlords
Articles > T-Mobile Acquired Sprint. What’s the implication to me?
As of this article’s update in September 2022, T-Mobile has begun to terminate a number of cell sites where Sprint acquired the tower or rooftop assets from the Nextel acquisition years ago but have not really put them to work. We are impressed that T-Mobile moved very fast to terminate these sites within four months after taking possession of Sprint’s assets. These are the “low hanging fruits” of T-Mobile’s decommissioning project. It is clear at this stage that T-Mobile is not all that organized yet because the Department of Justice is involved in managing the merger and the required divestiture of certain Sprint assets making their list of decommissioned sites still dynamic.
As Terabonne negotiates the decommissioning of these Sprint sites with T-Mobile on our clients’ properties, we are prepared for Phase 2 of decommissioning as Sprint cell sites have integrated with T-Mobile’s technology nationwide. As of June 30, 2022 all of Sprints sites have been shut down and all call processing have been integrated to T-Mobile’s network. Sprint customers have reported volumes of transitional difficulties resulting from this integration, and many Sprint subscribers will move to Verizon and AT&T as a result. is what wireless carriers are deathly afraid of and each carrier spends billions of dollars each year to minimize its impact. Phase 3 would involve terminating Sprint sites which are in close proximity to T-Mobile’s existing locations. We are actively involved in T-Mobile’s actions as we strategize ways to allow our clients to profit from these events rather than being victimized by T-Mobile’s decommissioning projects.
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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.
Radio Frequency engineers who specialize in the radio wave propagation. These are the engineers to define cell tower locations.
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.
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.
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.
A person who specializes in land use matters well knowledgeable in its jurisdictional requirements.
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.
Crown Castle, American Tower ATC, SBA Towers are the “Big Three” tower companies.
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.