Who Covers Cost of New Antenna?

Hi - My municipality is selling tower lease revenue. One of the bids provides for a little more money upfront, but in exchange, bidder retains 50% of any new revenue. I have a good idea (based on the existing 15 leases) what a new lease will generate. I've been told there's space for 2 more antennas, but the cost to add them is $50k-$100k each. Does this sound right? If it does, since the revenue would be shared (for a period of 10 years), who bears cost of new antennas - the municipality? the bidder (cell tower management company of some sort)? or the cellular company the leases the new antenna? Thanks.

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Jul 28, 2010
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Cost of new antennas
by: Tower Genius

Sounds fishy to me. It shouldn't cost the municipality anything to add new antennas. Has your town put out a formal bid? Call us to discuss 888-313-9750.

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