Over a million cell towers have been erected worldwide. Of course, these towers comprise a wireless carrier’s network. These towers provide signal and service to billions of devices. Smartphones, tablets, and even laptops rely on these towers daily. These days, cell phone towers exist on both private and public lands. Saturation is the key to ensuring a strong network connection at all times, and lease deals are quite common.
Individuals can set up contracts with Cell Phone Tower Lease Companies. In doing so, they’re able to lease their land in return for a stream of passive income. Tower leases can last decades in some cases, and unused land is perfect for such agreements. Not everyone should jump into a contract without careful planning. Nonetheless, a better form of passive income doesn’t come along out of the blue for the average person.