The industry has many terms that apply to more than one piece of equipment. For the easiest understanding of the terms in questions, a "macro" site a standard wireless telecommunications facility consisting of a full blown cell site. An "overlay" usually refers to sites that may surround a macro site, that may work in conjunction with that macro site or may operate independently from the macro site, utilizing micro cells, small cells or DAS (distributed antenna system) style propagation system.
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Our church has been approached by a company who wants to put a cell tower on our property. They first offered $1,000 per month with a 2% annual escalator