Latest telecoms advice for landowners

alt tag goes here

News article

Latest telecoms advice for landowners

November 2010

general practice news

Landowners have benefited from the strong growth in the telecoms market over the last decade by leasing their land to telecom companies looking to erect their masts.

With rent from a standard 15m mast in a rural area providing an annual income of up to £6,000, the venture has proved to be a lucrative form of diversification. But, unfortunately for farmers, a series of mergers in the telecoms industry, including Orange and T-Mobile and Vodafone and O2, has resulted in redundant masts and surplus sites through mast sharing.

The Orange T-Mobile merger alone is expected to reduce the number of masts used by at least 5,000.

This has prompted the telecoms companies to attempt to freeze or drive down rental terms or even renege on their leases. “Landowners have been put in an extremely difficult position and should be very wary about any moves by the operators who want to share sites,” says Chris Hicks of Fisher German.

“Some of our clients have received letters from their tenants requesting a reduction in rent or even a threat to break a lease. We have negotiated on over 3,000 telecom sites on behalf of landowners and are now working to ensure that they get the best terms possible, despite the difficult market conditions.

Landlords should exercise extreme caution when approached by tenants or their agents with a request to share or decommission sites. Before entering into any negotiation with the operators or their agents, they should contact Fisher German for professional advice.” 

Some landlords with portfolios of sites are finding it hard to cope with the constantly changing demands of the operators and Fisher German was recently appointed to manage the telecoms portfolios of Greene King, Westminster City Council, Wessex Water and Pinnacle Towers with a further two appointments to additional portfolios about to be made.

For further information, contact Chris Hicks on 01858 411202 email chris.hicks@fishergerman.co.uk

latest news

latest news

alt tag goes here
alt tag goes here
forthcoming energy events

forthcoming energy events

alt tag goes here
Auctions 2011

Fisher German hold auctions throughout the year. For further information about 2017 dates and results of past auctions, click below to visit our auction page.

Copyright © 2015 Fisher German    All rights reserved   |   Privacy Policy  |   Site Map   |    Accessibility                                                            Created by Supadü
alt tag goes here
Site Search
Awards logo - winner
facebook-social-icon
facebook-social-icon