Who are the tenants of these telecom towers? Are they major carriers?
Glwadys
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Yes. Tenants typically include Tier 1 mobile network operators, data providers, and government or enterprise clients. These include well-known telecom giants and essential service providers, ensuring dependable lease income.
How long are the lease terms? What’s the average remaining duration?
The telecom tower leases are long-term, often:
10 to 25 years in total lease length
- 5 to 15 years remaining on current agreements These contracts include automatic rent escalations and renewal options, providing consistent and growing cash flows.