How smart cities bring blessing and challenge is the enigma of 5G. Of course, no one better than the cell tower landlord understands the pain of the opposing forces. The following report sheds some light on the matter.
MORE: what cell tower landlords gain from 5G
Once thought to be a notion of science fiction, Smart Cities are alive and well in various metropolises across the US and the world. Communities not yet possessing the advanced infrastructure look forward to the broad upcoming 5G upgrades. This is because the sustainable ecosystem of artificial intelligence and IoT (Internet of Things) improves quality and functions of life to such a great degree.
Smart Cities, Smart Blessings
How it Works
- The Private Sector
Living in a Smart City can benefit you, me, the next-door neighbor and every resident. We’ll see enhanced applications of smart phones, mobile devices, connected vehicles and residences. Empowered cars will be able to reach out to meters and electric vehicle charging areas. They’ll also be guided to the closest vacant parking spot. At the same time, driverless cars will be cruising alongside of human driven vehicles. Smart trash cans will transmit data to garbage companies to line up garbage pick up on demand. And so on.
- Community at Large
Hey, we’re in this together. Upgraded technological environs promise to deliver better energy distribution, more efficient garbage collection, smoother traffic, safer roadways, less pollution and so much more. Smart applications improve emergency and disaster responses. Police, fire department and healthcare systems will become revamped and more effective, while providing revolutionary cutting-edge remote procedures. Other agencies will operate at never-before agility.
- Industry and Business
Smart Cities have the resources to remodel shipping and receiving capacity. Research provides a glimpse of grand expectations. It tells us of 500 million-plus merchandise tracking dimensions. Then, there’s precision farming that utilizes soil sensors and airborne cameras to pinpoint crop deficiencies, while charting watering scheduling and pesticide application reductions. The dawn of smart factories will popularize robots. We’ll use them for perilous or monotonous jobs. Concurrently, co-workers living in distant vicinities work side-by-side virtually. What’s more, international shopping districts will be brought to shoppers’ remote browsing and shopping capabilities.
Smart Cities, 5G: A Challenge for the Cell Tower Landlord
The advent of Smart Cities in symphony with 5G will also change the landscape of cell towers. All this may impact landlords who have entered lease agreements with cell tower companies or cell carriers. In place of the status quo where towers are strategically placed on parts of property or rooftops, the millions of 5G smaller base stations are set to be mounted atop roadway fixtures. Typical 5G sites will include street lamps, utility poles, buildings and the like. All this gives pause for tower landlords to consider a lump sum buyout deal with a one-time payout of 14 to 16 years worth of rent.
A Blessing in Disguise?
Viewed once as a challenge, the evolution of smart cities and 5G may actually become a blessing for the landlord. With the lump sum in hand, the landlord can invest and spend as he sees fit. He can move on without worry or concern about a precarious lease. He can find success in ventures and opportunity that were not deemed feasible before.
Nexus Towers offers transparent guidance and professional services to empower property owners. We offer leverage to receive the highest value from their wireless assets. Our supportive services include PIGEON PATROL (oversight and management), LEASE CONSULTING, LEASE EVALUATION and LUMP SUM LEASE BUYOUTS.
SUMMARY: Cell tower landlords see how Smart Cities bring both blessing and challenge wrapped into one. While 5G offers so much enhancement, it does worry property owners who have leases with carriers. Learn how cell tower landlords can transform the challenge of change into the blessing of the future with a lump sum buyout.