APWireless, the global wireless telecommunications site lease investment firm, recently invested in its 4,000th cell site lease, the company said.
In 2010, APWireless began investing in cell site leases in the United States. Since then, the company has expanded into Canada, Mexico, South America, Europe, Asia and Australia. To date, APWireless has deployed more than USD 500 million in its cell site lease investment business.
Rather than purchasing physical wireless infrastructure, such as cell towers, APWireless invests in the cash rents paid by tower companies and carriers to landlords. Landlords receive a large, up-front cash payout in return for an assignment of their site lease. APWireless then turns around and offers tower companies and carriers financial and operational benefits.
Headquartered in San Diego, APWireless is the first global cell site lease investment firm. In addition to investing in ground and rooftop cell site leases worldwide, APWireless provides a range of services to landlords, tower companies and wireless carriers. For more information, visit www.apwip.com.