How do I find what company is leasing space on our tower?

by Jane
(Port Matilda, PA USA)

We've been getting pressure lately from SBA Towers to take a buyout, they imply that the tenant on the tower could decide someday to quit their lease.

I would like to know how to find out the name of that company. How do I find this out?

At one point SBA mentioned that Horizon was the renter; however, I can't find out anything about that company name and can't find it as a publicly traded company on the NYSE.

How do I find this information?

Thanks.

Comments for How do I find what company is leasing space on our tower?

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May 22, 2013
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Thank you for your information.
by: Anonymous

This site is a wonderful wealth of information and advice. We're grateful there's someone out there who can lead people like us through the mine field of tower leases.

We'll be sure to seek you out if SBA starts the pressure again, and especially if they try to re-visit the lease terms.

You've relieved some of my stress, and like others in today's market, day-to-day financial woes are enough to deal with let alone a tower lease manager pressuring us to cheat ourselves.

Thank you again. We'll be watching your site.

May 18, 2013
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Let them spend money on your site.
by: Tower Genius

Having the information is always helpful regarding the subtenant carrier. SBA is very aggressively trying to get rid of all of their monthly payments and pursuing buyouts on their leases. Don't feel obligated to do anything. Make sure you do not sign any term sheets with them, if they EVER ask you for your consent on anything it's probably an opportunity to renegotiate the lease. Please give us a call if you'd like us to review your SBA lease.

Tower Genius
888-313-9750

May 18, 2013
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We found out, it's Sprint.
by: Anonymous

My husband looked this up on the tower before I emailed you. It was Horizon which is now Sprint.

They just added an enormous amount of new equipment and the engineer installing it said the changes were for Sprint changing up to 4G. He also said that tower wasn't going anywhere and there were possibly one or two other lessees to join in future.

That explains why the tower owner, SBA, was pressuring us to let them buy us out for a small amount of money just a week before the equipment upgrade was installed.

We were terrified the monthly payment would go away; with this economy we've been relying on it to live.

Thanks for getting back to me. Didn't think anyone would answer.

May 17, 2013
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Possibly Verizon?
by: Tower Genius

See if you can locate the electrical meter inside the fenced area, they are usually labeled.

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