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?

Comments for Changing Technology and Bankruptcy

Average Rating starstarstarstarstar

Click here to add your own comments

Jun 20, 2012
Rating
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
Rating
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.

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 Leasing Discussion.

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
  • Lease Optimization Help
  • Lease Revenue Purchase
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • Sprint
  • US Cellular
  • SBA Communications
  • Crown Castle
  • American Tower
  • Vertical Bridge
  • Lendlease Towers, Md7
  • Tillman Infrastructure
  • Lyle Company, Black Dot
  • Everest Infrastructure

We Would Like To Hear From You.
 

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.

  



Protected by Copyscape