Our sister publication, Inside Towers, wrote an interesting piece on Gary Hess and his jump with Steve Dodge and Jimmy Eisenstein from broadcasting to towers, launching American Tower. It all started with one broadcast tower (and an attempt to keep a Palm Beach FM station on the air). Check it out HERE. Quite a story!
If you would like a free charter subscription to Inside Towers, click HERE.
George
Media Services Group
Showing posts with label Wireless towers. Show all posts
Showing posts with label Wireless towers. Show all posts
Monday, December 9, 2013
Monday, June 24, 2013
Another FAQ: Why are so many broadcasters selling their tower assets?
Q: "Why are so many broadcasters selling their tower assets?"
A: There are several valid reasons. The trading multiples on tower cash flow are significantly higher than the BCF multiples for radio and TV stations. Selling your tower allows you to monetize a valuable asset without hindering your station operation. Many owners use the funds to retire debt. It also shifts to tower upkeep, expense and burden from the broadcaster to a tower company.
Since a tower sale does not require FCC approval, cash can be raised quickly.
George
Media Services Group
Friday, May 31, 2013
Monetize your tower assets
The tower industry is enjoying unprecedented growth with no end in sight. The carriers are continuing to build out and improve their networks. And the major tower consolidators have healthy appetites and deep pockets.
This has created enormous opportunity for broadcasters with undermanaged tower assets, and small and mid-sized tower companies. Many are making the decision to monetize their tower assets and they are being rewarded with excellent sale prices.
Media Services Group delivers “top dollar’ for our tower clients. We run a proven sale process, utilizing our database of tower buyers in tandem with our secure online data room. We know the tower business. Several of our partners own and manage towers. One built up and sold a significant tower portfolio.
Contact us for a confidential discussion about the value of your towers. Our tower marketing process is both efficient and effective. Closings often occur within 90 days of our engagement. Let us show you what we can do for you.
George
Media Services Group
This has created enormous opportunity for broadcasters with undermanaged tower assets, and small and mid-sized tower companies. Many are making the decision to monetize their tower assets and they are being rewarded with excellent sale prices.
Media Services Group delivers “top dollar’ for our tower clients. We run a proven sale process, utilizing our database of tower buyers in tandem with our secure online data room. We know the tower business. Several of our partners own and manage towers. One built up and sold a significant tower portfolio.
Contact us for a confidential discussion about the value of your towers. Our tower marketing process is both efficient and effective. Closings often occur within 90 days of our engagement. Let us show you what we can do for you.
George
Media Services Group
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