AssetSlice
Rooftop Telecom Reimagined
Rooftop Cellular Sites are the Future
Cellular coverage expansion is driven by 5G and densification
BUT Rooftop Sites Underperform
Our research shows 95% of sites underperform because they are commingled with real estate assets
We are the Solution
Our platform compiles lease data to automate telecom rooftop site management increasing revenue and ease of operations
An obscure provision found in Bell, Rogers, and Telus leases on rooftop sites entitles landlords to compensation for any increase in property taxes due to the cellular installation.
These changes are not obvious in the overall property tax bill and are often hidden
The process for individual claims is complex and the vast majority of landlord claims are rejected by carriers
We work with property owners to quantify, bill, and collect these funds
Market Overview
30,000
Rooftop Cellular Leases in Canada
$8K/year
In addition to the yearly funds, the Statute of Limitations allows us to claim an average of 2.5 years arrears as a one time payment.
That's $25K per lease and a total market of $1.12B
Average Compensation Recovered per Lease
$240M/year
We have found that the break-even point of chasing these reimbursements is ~1,200 leases which is why a specialist like us is needed to capture these funds
Market Size
Rooftop Sites Across Canada
Our Business
First Virtual Rooftop Site Portfolio
We Work with Property Owners
We enable our clients to tap into the $240M/year annuity owed to landlords by carriers
We also extract metadata from clients' leases giving them unprecedented organization and data in their telecom management
Dashboard of all Rooftop Assets
Clients can manage all their assets in one place rather than having them siloed
Automated Lease Renewals
Leases can be set to automatically renewed at their expiration
Unique Market Data
Lease data allows for competitive information when negotiating terms
Market Overview
An obscure lease provision found in telecom leases entitles landlords to compensation for any increase in property taxes due to the cellular installation
These changes are not obvious the the overall property tax bill and are often hidden
This exists for 30,000 rooftop sites in Canada
For each site, average compensation due is $8K/year + $25K arrears
This adds up to an overall market of $240M/year + $1.12B arrears
Individual claims are rejected by landlords as inadequate, the process is complex and requires an undue investment of time and money to get right
We have found that the break-even point of chasing these reimbursements is ~1,200 leases
We have proven our ability to quantify, bill, and collect these funds though a pilot based in the US
We find that the best way opportunity to capture the market initially exists in Canada