Tower owners are working through an uneven leasing cycle. Carrier consolidation and lease terminations are pulling revenue down, while new spectrum, 5G Advanced upgrades and FWA loading are pushing amendment demand up. This session examines the health of the MNO and tower company relationship, what the remaining carriers need from sites, and which new tenants, including edge compute, satellite ground infrastructure, fiber and neutral host, can fill the gap. Panelists will discuss how fixed wireless access growth is affecting capacity, equipment loading and densification at tower sites, whether carriers can sustain FWA on current infrastructure, and whether FWA is a long-term broadband solution or a bridge to other technologies. They will also cover how amendment pipelines, colocation and lease terms are changing, what it takes to keep tenancy growing as networks consolidate, and how owners plan for the next tenant rather than the last one. Attendees will gain a practical view of where tower leasing growth will come from.