Cell Towers For Sale: The Buying and Selling of Cell Towers
Typically, tower owners who are faced with the possibility of a cell tower sale do the same thing - contact the public tower company operators to see if they would like to purchase the tower. The smaller "mom and pop" tower operators who own 1-10 towers, don't usually have much experience in the area of cell tower sales. Sometimes, they simply go back to the company to whom they previously sold towers to see what they will offer, ignoring investment banks or smaller tower companies that may be in full acquisition mode.
Further complicating matters, there are less significant value oriented tower companies currently contacting these small tower owners and making significantly low offers. They assume that these owners are not well informed about tower valuation and therefore, unlikely to have access to a reliable source of information and advice.
Be aware: These smaller tower companies are very aggressive and employ classic drop-dead dates for their offers. Don't be pressured and don't undervalue your towers. Cell tower sales currently just off a multi-year high. Many interested parties are clamoring for new assets and the recent prices paid for towers are significant and impressive.
The experts here at Steel in the Air will assure that you maximize the value of your cell tower sale. We have assisted in the sale of over $650 million worth of towers over the last seven years.
We can be retained as a sale-side advisor to help you understand not only how much you can earn, but also the various ways to structure a cell tower sale. We have worked with nearly all of the cell tower buyers (there are over 15 reputable firms buying towers). We will facilitate a bidding process to ensure you get every dollar you should.
Please contact us for a free, no obligation assessment of your tower(s) and to discuss the various fee arrangements that we offer. We can be retained on a commission basis so there is no obligation unless you sell your tower(s).
If you have received an offer to sell your tower(s) and want to know whether there are better offers out there, contact us and we will review your offer in confidence. Please note that the free valuation offer only applies if you actually own the steel -- not leasing the space to the tower owner.
If your tower does not have any cell or broadcast tenants, we can't assist you. There typically isn't a market for towers that aren't producing revenue. Most owners choose to keep their towers after discovering their worth.
Please CONTACT US for more information.