Changing Technology and Bankruptcy

by Robert
(Woodbridge, VA, USA)

With the possibility of cell phone technology changing (to satellite and such), what if the cell tower company simply stops paying on the lease after a few years, goes bankrupt, has no real assets to take down the tower (as agreed upon), etc. Is there any way to protect ones self against this when considering accepting such a lease?

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Jun 20, 2012
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starstarstarstarstar 		Sorry--LightRadio
by: Robert

Sorry--it's not LightCube, it's LightRadio.

Editor's note: Don't you mean LITE-FM?
Jun 20, 2012
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starstarstarstarstar 		How about LightCube?
by: Robert

Ok, maybe not satellite technology (which is everywhere and connected to all new cellphones), but how about LightCube? This new technology could render cell towers unnecessary. Then what? What if tower companies default and go bankrupt? What protection would I have to ge the tower removed?
Jun 20, 2012
Rating
starstarstarstarstar 		Cell phones using Satellites? When cows fly.
by: Tower Genius

I have two words for you:

"Google Iridium".

Relax, President Obama sold NASA to the Russians. You won't be using a sat-phone anytime soon. Cell towers aren't going anywhere.

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