New site acquisition – Telecommunications Code Agreement.

On behalf of a well-known UK wide telecommunications client, we successfully completed a brand-new site acquisition under the new Electronic Communications Code (2017 – part of the Digital Economy Act 2017).

The Property Team were instructed to acquire a new telecommunications site as part of our clients 5G rollout. In this specific example the site formed part of a Home Office led campaign to improve rural network communications. This initiative was a part government funded scheme, which was subject to very specific deadlines which needed to be met for funding to be made available.

We managed to identify a suitable site that met our clients network coverage requirements for 5G and a willing site provider. This new telecommunication site was acquired under the new ‘Code’, the first such acquisition for our property team. The main objective was to enter negotiations and agree “Code” compliant terms within a very short period of time, to enable our client to access the aforementioned government funding.

Thankfully, the site provider understood the benefit to the rural community and with some further funding provided by our client to improve a local children’s play facility, the Property Team managed to incentivise the early completion of the relevant legal agreements.