At&t wants to renegotiate contract after 2 years from initial start

by Dave
(Richland, WA)

We are a small church in Tri-Cities, WA, population about 250,000. AT&T approached us about installing a cell tower on top of our building. After what we think was due diligence, agreed to $1250 per month lease rate with a 3% increase per year. After the first year into the contract we have been contacted by a firm saying AT&T wants to renegotiate the terms as the industry is changing and the cell companies need to find more affordable long term leases. If we don't agree to the new terms, AT&T will begin looking for a new lease partner. What is interesting is AT&T spent around $200k modifying our building to accommodate the tower and would likely spend to same to remove the tower. Is this an idle threat and how should we respond?

Comments for At&t wants to renegotiate contract after 2 years from initial start

Average Rating starstarstarstarstar

Click here to add your own comments

Oct 26, 2017
Rating
starstarstarstarstar
Ask the AT&T consultant what they will make on the rent reduction.
by: Stephen at Tower Genius

They are trying to rip off the church.
Plain and simple.
They won't move the site.

Please call me, I'm happy to provide some free telephone consulting and coaching for your congregation on how to deal with these folks.

Steve
1-888-313-9750

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Lease Rates.

Find out from Tower Genius how we help landlords and property owners in the USA  maximize cell site lease values and get the best possible terms for:

  • Cell tower lease agreements
  • Tower lease extensions
  • Cell site upgrades
  • Small cell proposals
  • Lease amendments
  • Tower lease buyouts offers
  • Rooftop lease buyout offers
  • Rooftop cell site audits
  • Lease Agreement defaults
  • Cell tower valuations
  • Rent reduction solicitations
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge
  • Lendlease Towers
  • Tillman Infrastructure

Cell-Tower-Leases.com
Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.