Cell Tower Companies
Property Owner Guide
There are three types of companies that contact property owners about cell tower leases: tower infrastructure companies, wireless carriers, and lease acquisition companies. They all have different goals — and different tactics.
Every Major Cell Tower Company
Organized by type — tower companies, carriers, buyout companies, and lease management firms.
American Tower
World's largest tower company with 43,000+ US sites. Understanding their lease model is critical before any AMT negotiation.
Property owner guide → Tower REITCrown Castle
Second-largest US tower company, also operates 85,000+ small cells. Unique fiber and small cell exposure for property owners.
Property owner guide → Tower REITSBA Communications
Third-largest US tower REIT with 17,000+ sites. Strong Southeast presence and international operations.
Property owner guide → Private Tower Co.Vertical Bridge
Largest private US tower company with 500,000+ wireless assets. Grown rapidly through portfolio acquisitions since 2014.
Property owner guide →AT&T
Largest US wireless carrier. Uses MD7 for rent reductions. Understanding AT&T's lease tactics is critical for any landlord in their network.
Verizon
Second-largest US carrier, premium network positioning. C-band 5G upgrades create ongoing lease renegotiation opportunities.
Property owner guide → Wireless CarrierT-Mobile
Nation's largest 5G coverage network post-Sprint merger. Sprint legacy lease holders have unique post-merger considerations.
Property owner guide →Landmark Dividend
Largest and most established US lease acquisition company since 2002. Initial offers are almost always 30-50% below independent market value.
TowerPoint
Active lease acquisition company with professional outreach programs targeting property owners nationwide.
Atlas Tower & Others
Guide to Atlas Tower and other lease acquisition companies. All use similar models — all require independent valuation before any decision.
MD7
Hired primarily by AT&T to send rent reduction letters to property owners across the US. Their letters look official but have no legal force. Do not sign anything.
MD Telecom & Others
T-Mobile and other carriers use similar companies (MD Telecom, Md Telecom) with identical tactics to MD7. Same response applies: do not sign without independent review.
Which Company Is Contacting You?
Find the right guide for your situation.
Received an MD7 Letter
Do not sign. Read our MD7 guide immediately.
Landmark Dividend Offer
Get an independent valuation before deciding.
American Tower Lease
Renewal, new offer, or rent reduction.
Crown Castle Lease
Ground lease, small cell, or rooftop.
AT&T Lease or Contact
Direct lease or MD7 acting on AT&T's behalf.
TowerPoint Buyout
Buyout offer from TowerPoint Capital.
T-Mobile or Sprint
Legacy Sprint or current T-Mobile lease.
Vertical Bridge Lease
Largest private US tower company.
Don't Know Who Sent You
That Letter? Call Us.
We identify the company, explain what they want, and tell you exactly how to respond. Free consultation.