[BC] Tower rent question
Blaine Thompson
irw at well.com
Sat Jun 30 13:26:23 CDT 2012
Am trying to wrap my head around these figures.
I'm looking at a Class A NCE FM in Indiana. The radio station had their transmitter and six bay antenna on an American Tower tower for $225/mo.
That lease expired and American Tower offered them $775/mo. I don't know if that's on the same tower or a different one.
The NCE FM settled on $650/mo. from a brand new tower (brand new antenna, coax, etc.)
Is this a good deal? Bad deal? Of note: The station ran in the red last year (-$20,000). Not sure how they covered that loss, and I note the percentage increase in tower rent is rather lofty.
Private replies are okay.
Best,
- Blaine
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