SHENZHEN SYN TECHNOLOGY CO., LTD.
进入中文版 ENGLISH
About Us
Company News
Industry News
Contact Us
   Name: Bobby
   Tel:+86-755-29690027
   Fax:+86-755-29690894
   Web:http://www.saoyn.com
   Email:info@saoyn.com

     

     

   
Industry News
China Tower Faces Increased Pressure from New Lease Agreement
AddTime:7/13/2016 7:34:07 PM

China's three major operators respectively disclosed the commercial lease pricing on telecom towers & assets of China Tower last week.

The sharing rate becomes a key to the lease pricing on related assets, which means a 20% - 40% discount for two-side sharing and a 30% - 50% discount for tripartite sharing.

NRI said in the report recently that China Mobile, China Unicom and China Telecom can save CNY 2.4 billion, CNY 1.9 billion and CNY 1.8 billion leasing cost respectively, equivalent to an increase of 1%, 2% and 2% of EBITDA for them.

The main difference from the original provision, according to NRI, is increased discount rate with joint tenancy and that China Tower is solely responsible for the financing costs which are not included in the rental cost. This implies a decrease in tower rent and larger operation pressure for China Tower because the company can only rely on itself to finance. To be listed in 2017, China Tower needs to further raise the operational efficiency. 
Copy Right© 2016 SHENZHEN SYN TECHNOLOGY CO., LTD. All rights reserved.
Address: 7th Floor, 2nd building of Hengchangrong Hi-Tech Park, Shangnan East Road, Shajing Town, Bao'an District, Shenzhen, China.518125
Telephone:+86-755-29690027                 Fax:+86-755-29690894
Website: www.saoyn.com                          Email: sales@saoyn.com