Tower Communications LLC, "TOCO" is a start-up wireless and broadcast communications infrastructure company with a portfolio of 30 communications sites, including cell phone towers for lease, wireless communications towers and broadcast communications towers. Our portfolio of wireless and broadcast tower sites consists of towers that we own in eleven states in densely populated areas. Our primary business is leasing antenna space on multi-tenant communications sites to wireless service providers and radio and television broadcast companies.
Wireless Communications Towers.
We are owners of wireless communications towers in the United States. We can lease space on our wireless communications towers to customers in a diverse range of wireless industries, including personal communications services, cellular, enhanced specialized mobile radio, WiMAX. paging and fixed microwave. Our leases with wireless communications providers generally will have initial non-cancelable terms of five to ten years.
Broadcast Communications Towers.
We are independent owners and operators of broadcast towers in eleven States. Broadcast towers generally are taller and structurally more complex than wireless communications towers, require unique engineering skills and are more costly to build. We will lease space on our broadcast towers primarily to radio and television broadcast companies. In leasing tower space, we generally will receive monthly fees from customers, with initial non-cancelable lease terms ranging from ten to twenty years.
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