Giant mobile mast site seeks rent cuts

Agents acting for Vodafone Cornerstone of O2 network joint venture ask sections of rent of until 40pc mid-contract and are warning that if the owners do not agree their site could be dismantled to "rationalize" pole networks.

In the letters seen by the Sunday Telegraph, owners nearing the end of their lease are faced with even harsher terms, with more than halves and linked to inflation rental rent increases discarded.

After years of competition fierce erect tens of thousands of Poles throughout the country, network operators are now seeking to reduce costs of their infrastructure, with Vodafone and the most advanced 02 in their plans for rationalization.

Vodafone agents have written thousands of landowners, farmers to the authorities locales.Un farmer, who asked to remain anonymous, dismissed an application for its existing leases change
Mid - contract .the ' agent acting for Vodafone had asked his lease to fall by
40pc and O2 will share the mast for free.

The agent replied: "it seems that you are not prepared to consider concessions requested help Vodafone thanks to a market more and more difficult and more difficult." Therefore, our customers will be included this site in the ongoing review of the requirements of the site network.?

Another Sussex - farmer who has a pole Vodafone and orange on Earth - said that the lease on the mast of Vodafone
is renewal and Vodafone officers said the farmer, the rent will be falling nearly £ 4,600 per year to £ 1,973 per year and the farmer will lose the additional payments due to O2 sharing pole.

Applications come as Vodafone is expected to update the Tuesday in its half-year results announcement on plans to sell minority shareholdings in operators market mobile étrangers.Revenu company before-tax on the interest and depreciation (EBITDA) for the six months to the end of September are expected to come in slightly less than 7 £ United on the sales of 2pc 5.3 £ 22.

A Vodafone spokesman confirmed rent applications. ""We tell the owners we hope to reduce the sites, you will examine a site shared with O2 and Vodafone coming and we seek to reduce the costs of leasing," she says.


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