Grain Purchases More than 100 Mobile phone Towers From nTelos

Grain Purchases More than 100 Mobile phone Towers From nTelos

On January 20th, 2015, nTelos consented to sell 103 towers to Grain Management for an estimated $41 million. The actual sale will close in installments throughout 2015. The agreement represents another measure in the recent tendency of communicating companies, to management businesses, selling their towers like AT&T, Verizon and Sprint. The deal follows tremendous sales of towers from AT&T to Crown Castle and from Verizon to American Tower.

nTelos Wireless is a regional high speed voice and data company, based out of Waynesboro, Virginia. The territories that are companys mostly comprise West Virginia and Virginia, also as smaller portions of other surrounding states. They now have approximately 280,000 retail customers. According to Mike Minnis, the Director of Public Relations at nTelos, the profits will likely be utilized toward the companys goals of enlarging services in West Virginia and Virginia.

Tower owners may see repercussions, while this transaction is not going to have an impact on nTelos wireless subscribers. That tower on your own property may soon be operating and maintaining should you own property where a nTelos tower is situated. Often times with the changing hands of towers, the fresh tenant wants added modifications to the deal. For example, many landowners who'd AT&T towers sold to Crown Castle have been presented through 2099 with lease extensions! If Grain Management contacts you in regards to a change, call Vertical Consultants today for advice and a free consultation on how to proceed with these discussions.

Lots of cell tower lease websites are coming close to their expiration date, including sites which will have been sold to Grain Management. Landowners have an incredible chance to negotiate new arrangements on such sites, with another tower business or whether with nTelos. When you really have an arrangement expected to expire in the next several years, then please contact Vertical Consultants to learn more on one of our mobile tower renting pros can put a little extra cash in your own pocket. This past year we raised our customers rents by an average sum of 343%, and we may manage to do the same for you!

Grain Management is a private equity firm with a distinctive focus towards both telecommunications, investments and media investments. The business has also been greatly involved with the acquisition, construction, and operation of wireless network infrastructure throughout America. They have offices in Washington, D.C. and Sarasota, Florida, and are managed by David Grain.

Call today for more information and for your free consultation on how you might be affected by business trades like this.

In 2014, Vertical Consultants averaged an instant 343% increase in rents being received by its clients, and since 2010, has been able to help its clients in the retrieval of over 300 years worth of combined underpaid, and, sometimes, unpaid rents and other expenses that were rightfully due to these property owners located throughout North America.

To learn more about our services, visit http://www.vertical-consultants.com or contact Vertical Consultants at info(at)vertical-consultants(dot)com or 877.456.7552.