I have a lease with AT&T. AT&T wants to add another carrier to the tower on my property and has offered to pay 15% of the rental it receives from the other carrier. I have no idea what the income sharing arrangements generally are. Are there any standards for the income sharing?
Is this an AT&T tower or Crown Castle tower? It's not an apples to apples comparison. Subleasing arrangements vary from market to market and by carrier. Need to look at the location and determine if your base rent is at fair market value and then see what other potential choices the new carrier has besides your location.
This is also an opportunity to fix anything else in your lease agreement that may need to be amended.
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