How Much Do Cell Towers Cost?

fake palm tree cell phone towerMost cell towers cost between $75,000 and $200,000 depending on where it is located. The average tower cost is between $100,000 to $150,000 and could take years to get zoning approval and the attention of a carrier.  The cell tower lease rates could gross between $18,000 to $90,000 per year depending on the number of carriers who piggyback on the tower location.

Here are the cell tower lease rates by State.  Cell tower stocks should be concerned about the growing WiFi trend and need to start thinking about WiFI locations as a threat.  At Boingo's market capitalization of 425M, each hot spot site is worth $1,300.  You figure each WiFi hot spot has multiple WiFi antennas so your average cost is far less than $1,000 and provides better coverage indoors.   Pretty cheap and economical if you ask me.   We think that 4G LTE networks are going to implode on themselves and cause wireless armageddon.

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