Frequently asked questions.
Why would an owner sell their mobile tower lease?
Why does Telium purchase mobile tower leases?
Is it not more appealing to keep your lease rather than sell it?
What exactly does Telium buy?
If the mobile tower is located on a plot of land, we will buy the micro-plot (50-200m2) that surrounds the technical equipment. If a tower is located on a property that is not transferable (church, roof of a co-ownership building, water tower, etc.) we will only buy the contractual right to receive the rent paid by the telecom operators that have their mobile towers located on that property.
How will selling my lease affect my rights as an owner?
When Telium buys the land, Telium will become the owner of the plot on which the mobile tower is located and will receive rent payments from telecom operators. When Telium buys the contractual right to collect rent payments without buying the land, the owner retains ownership of the property, but future rents are paid directly to Telium. The owner is then free to sell the property or transfer it as part of an estate.
How long does a transaction take?
As soon as Telium receives all the relevant lease documentation (which will enable Telium to evaluate it), a transaction (and therefore a payment settlement by the seller) can be done in 60 days or less.
What are the tax implications related to selling a mobile tower?
Rents earned under the lease are generally considered income (for a natural person) or turnover (for a legal entity) and taxed accordingly. The sale of the lease will be considered as the sale of an asset and will also be taxed accordingly (capital gains tax), at a rate generally lower than the marginal tax rates that are usually applied to income.
What price can Telium offer me for my mobile tower lease?
Each mobile tower lease is different. Telium takes the specific factors of each lease into account in order to determine its value. These factors are commercial (who are the tenants and how long have the been renting?), financial (what is the yearly rental amount?), contractual (how many years are left on the lease, what are the cancellation clauses?), or technical (what technology is present at the tower i.e. 2G, 3G, 4G?).
What happens if the lease is cancelled or renegotiated after it has been sold?
Once the owner has given up the right to collect rent or the land on which the pylon is installed, they no longer incur the risk of lease renegotiation or cancellation. The owner will not have to reimburse Telium for any of the money that has already been received in the event of the lease’s cancellation or renegotiation.
What happens to the mobile tower once Telium has bought the lease?
Once the lease has been sold to Telium, there will not be any real changes for the owner, except that Telium will now receive rental payments in the owner’s place. Telium will notify the tenants of the sale.