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Why Does MTN And Others Pay Rent On Premisee Where Masts Are Installed? - Business - Nairaland

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Why Does MTN And Others Pay Rent On Premisee Where Masts Are Installed? by partnerbiz4: 10:22am On Jul 14, 2017
Few years ago, I witneseed MTN negotiating a 40 by 40 space to use for mast installation.


The value of the plot of land in question then was 3 million.

They were, however, willing to pay 5 million for a term of years ( not more than 10 years ) subject to renewal instead of buying the property.

So I am wondering if there is any economic reason for such action?
Re: Why Does MTN And Others Pay Rent On Premisee Where Masts Are Installed? by partnerbiz4: 3:15pm On Jul 14, 2017
Okeytus

Pls flash me on no below.

Can't access pm.
Thanks
Re: Why Does MTN And Others Pay Rent On Premisee Where Masts Are Installed? by partnerbiz4: 11:35am On Mar 17, 2018
partnerbiz4:
Few years ago, I witneseed MTN negotiating a 40 by 40 space to use for mast installation.


The value of the plot of land in question then was 3 million.

They were, however, willing to pay 5 million for a term of years ( not more than 10 years ) subject to renewal instead of buying the property.

So I am wondering if there is any economic reason for such action?
Re: Why Does MTN And Others Pay Rent On Premisee Where Masts Are Installed? by eezeribe(m): 12:54pm On Mar 17, 2018
Most times,the landlords prefer leasing instead of outright sale...
Where possible,the network operators do make outright purchase of the suitable area of land...
It depends on feasibility of the prevailing logistics of operation...
Re: Why Does MTN And Others Pay Rent On Premisee Where Masts Are Installed? by pato243: 2:47pm On Mar 17, 2018
The money you are paid by these communication networks is meant for you to go and buy other property elsewhere and build another house where you will live. The mast could emit some radiation around the premises . These radioactive elements are not good for human beings in the long run. But many people dont know and some networks wont tell you. Try research to find this truth.

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