How to Get a Verizon Cell Tower
Rural cell phone users have long suffered from the hassles of low signals and dropped calls within their area. Some users must walk to a specific point in the yard to get a signal because the house is in a bad spot. For Verizon users who live in a rural area, there may be a solution. Cell phone companies are always looking for great places to build a new tower. You could get a Verizon tower placed on your land, boosting your signal strength and bringing in a little cash at the same time. It is done with a cell site lease.
Get the exact location. Before you speak with Verizon engineers or cell tower companies, you must know exactly where your land is located (latitude and longitude). Get a GPS reading or a survey. Also be prepared with a description of the property's terrain --- hills, deep valleys, mountainside, waterways, road proximity and more. You might have to "sell" the idea of using your land to the Verizon engineers and this information will help.
Contact the Engineering Department for Verizon or the leasing department for a tower company within your state. You can contact the Verizon engineers directly or consult with a tower company that has Verizon as a client. Tower companies will place the tower on your land and broker the deal with Verizon.
Create a truck path or road to the land if there isn't one already. The equipment trucks and company vehicles will need access to the site. You can build a road to the site and make your land that much more attractive, or wait and allow Verizon or the tower company to do so. Waiting will remove the access asset from your bargaining plate, however.
Sign a land lease that will give you a percentage of the rent from Verizon and any future tower user. Once you have a deal, do not sign a land lease unless you are being paid for use of your land for the tower. Companies who refuse to give you a percentage of the profits from Verizon's lease of the tower and any future company is likely a fraud.
Tips & Warnings
- Don't take the initiative and build your own tower. The location might not fit what the carrier is looking for. Furthermore, it takes time to get a deal inked, so the tower can sit for quite some time without serving a purpose (or earning cash).
- If the companies turn you down, try again next year. The cell phone companies have favorable areas where they would prefer to place a tower. These areas change frequently. Check to see if your property becomes a favorable area and them make your move. See Resources section for more information.
- Do not shell out money for the tower if you are using a tower company. They recoup the costs in the tower lease payments from Verizon.
- Check the zoning laws for your area. You may have to go to the county zoning board for a permit for the tower before building it. Some zoning boards will not allow them, so check before making a deal.