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Overlapping Coverage

December 07, 2005

Court RoomWHEN CINGULAR WIRELESS and AT&T Wireless merged in October 2004, it was generally thought they would need most of their overlapping cell sites for capacity reasons. According to a press release from PR Newswire, though, Cingular Wireless is telling 15,000 property owners that they must agree to rent reductions up to 50% or risk having their lease terminated.

With the aid of a well-known Illinois-based law firm, one that specializes in class action law suits, the city of Parma, OH has filed a law suit against Cingular Wireless.

One has to believe Cingular had very good termination language in the vast majority of its leases. If so, I do not think the city of Parma, OH will have a leg to stand on.

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Latitudes