Cell phone towers are scattered all across the country, but those who lease the land to cell tower and cell phone companies may not be getting the compensation they’re owed according to their mobile network tower lease.

Cell phone tower operators have recently consolidated their companies, which may have affected your mobile network tower lease as it transferred into the hands of wireless carriers.

Tenants of the cell phone tower property may be in breach of their lease because of the transfer, which could mean that you are being shorted on compensation. If you lease property to a wireless carrier or cell tower company, you may have a legal claim.

Mobile Network Tower Lease Consolidation

Given the wide and constant use of cellular devices, American consumers expect to have uninterrupted cell phone coverage across the country, which means that cell phone towers must also be spread everywhere.

There are hundreds of thousands of cell phone towers dotted all across the U.S., and many of these are located on private property. Indeed, cell phone tower companies and wireless carriers often become lessees of up to thousands of properties from regular Americans to accommodate their cell towers. Paying the rent for this property usage is a yearly average rate of $45,000.

Some recent changes have been made to the agreements between wireless companies and cell phone tower operators. Major carriers including Verizon and AT&T have made deals with cell phone tower operators to become partners, causing a large number of land leases from properties with cell towers to be transferred.

If your mobile network tower lease was affected by the consolidation, you may be owed substantially more in rent than you are currently being paid.

This is because cell tower leases often come with provisions that require the tenant to make supplemental payments to the property owner in certain circumstances. When cell phone tower leases were recently reviewed, it was found that major tenants may be in breach of this provision, owing the property owner more than they’re paying.

If you are the property owner of a mobile network tower lease, you may be owed up to hundreds of thousands of dollars in rent for the cell phone tower.

Filing a Mobile Network Tower Lease Lawsuit

To determine whether property owners are owed these kinds of missed lease payments, a cell tower lawsuit investigation has been launched. Joining a cell tower lawsuit investigation can get you the answers you need, and may result in considerable additional rent money from major players like Verizon and AT&T.

If a property owner is found to be owed rent for the lease, a lawsuit could make sure the tenant is liable for all past and future payments of the rent, as well as cover the cost of litigation and attorneys.

If you own property with a mobile network tower lease, you may have a legal claim.