Are towers becoming obsolete?

(South Carolina)

I have heard that financing new cell tower construction is becoming difficult because underwriters are wary of recent advances in technology that might make cell towers obsolete. Can you point to any good articles that give facts about this possibility and / or address how easy it would be for a carrier to break a lease if a more efficient technology becomes available?
Thanks -

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May 09, 2011
Are towers becoming obsolete
by: Sean (Tower Genius)

Towers are not going anywhere.... most people who write for the major magazines and papers have zero idea what they are talking about. In fact over 70% of new towers being built are by tower companies... not the carriers themselves.

Now if the AT&T merger with T-Mobile is allowed you will see some consolidation... other than that you are good to go.

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