Our Day-to-day Operations
Symphony Wireless is a business that focuses on fast closing, no hassle, straightforward investments in the telecommunications industry. Specifically, we buy the rights or easements on telecommunication assets such as rooftops and towers by offering the best value in the marketplace. Our process is to determine the true short-term and long-term value to maximize not only our buyout offer, but also provide our asset owners revenue sharing opportunities in the future.
Most contracts with carriers or tower companies will include a cancellation clause. This clause can be found in the original agreement or an amendment added by the site manager. This allows the carrier to decommission or cancel their contract with you, the site owner, leaving the tower or roof top to be decommissioned and worthless. Once you receive the lump sum payment, your risk will be mitigated to us and our portfolio of 5000+ sites. We will not be able to touch a payment even if a carrier leaves or the site is decommissioned.
IN A LEASE BUYOUT?
Step 1: Building the Offer
We invest in the long-term potential value of your cell site and share that value with you, the property owner. In order to determine that value, we carefully review:
It’s relation to the parent parcel, competitive sites and surrounding cell sites.
The Lease & Amendments
Rent, Escalators, lease area, tenants, colocation provisions, contingencies of any kind.
Flexibility is our key to getting deals done. From tenant requests to timing, we get it done.
We then provide meaningful options to our provisions, and site partners, allowing the property owner to determine their preference in terms of precise pricing configuration of value up front versus later on, with various revenue sharing options.
Step 2: Review the Easement Contract
Once we agree on the business terms, we work quickly and efficiently to prepare the easement contract. This requires inspecting the site, preparing title and finalizing the easement and profits agreements. In most cases, this work can be done within 4 weeks.
Step 3: The Closing
Once the documents are prepared and approved, we set up a quick and easy closing handled by the title company.
Contact Us, Today!
Our team of experts is ready to learn more about your cell site and has the knowledge and expertise to provide you the best value for your asset. Click the button below to speak with one of our Acquisition Advisors.