By Steve Kazella
Received an offer about a proposed Verizon small cell lease? Thousands of property owners, cities, municipalities and utility companies can expect to be contacted by representatives of Verizon Wireless about leasing space for small cell antennas on existing fixtures such as street lights, transmission towers, telephone poles, street signs, and lower elevation flat rooftops. Verizon Wireless is in the process of deploying possibly tens of thousands (followed by many more) 5G small cell antennas in major metropolitan areas to increase capacity in areas where they need to better services, primarily in densely populated urban areas and along major highways and roadways where they have easy access to fiberoptic networks.
Talk to Tower Genius about Verizon's proposed 5G Small Cell Lease. For years we have been telling property owners, that 5G small cells are coming. Well, they are now here. The question is, how many tens or hundreds of thousands of small cells is Verizon going to deploy? The answer is, even Verizon probably does not know. But one thing is clear. They need Capacity + Capacity + More Capacity, so they need to BUILD BUILD BUILD! Tower Genius believes that Verizon will lease and build tens of thousands of small cells as they roll out 5G between 2020 and 2024.
What makes us so bullish on small cell deployment? Here are a few examples.
In just the city of Palo Alto, Verizon Wireless proposed 92 small cells in 2017.
Verizon planned to build at lease 50 small cells in El Paso Texas in 2016.
Verizon had 1,000 small cell search areas issued in 2016-2017 in Connecticut.
The US Government's view of 5G deployment is similar to roads and other infrastructure.
But here is the problem with Verizon Wireless small cells. Most Verizon Wireless landlords with macro (large) antenna rooftop cell sites in major metropolitan areas are receiving at least $2,000 (or more+++) per month for their Verizon rooftop leases.
The small cells being proposed by Verizon have a much smaller value, but can still provide landlords with a modest cash flow. Small cells also can improve service and support the e911 network, and can give you potentially significantly better coverage and capacity at your specific location as your 5G phone will reach out and grab the signal.
The bottom line is that Verizon won't pay much more than about $300 to $400 per month at best for leasing space from you for a small cell small. These leases have DOZENS of items that still need to be adjusted. Landlords need expert guidance. Contact Tower Genius at 1-888-313-9750 or if you have a question about a Small Cell proposal you may have received from Verizon Wireless.
Tower Genius is USA's Premier Cell Tower Lease Coaching and Consulting Firm. Find out how we help landlords and property owners in the USA maximize cell site lease values and get the best possible terms. Book a 30-minute discovery consulting call with Kevin or Steve Today.