Vertical Consultants’ discovery of certain terms in Knoxville property owners’ cell tower lease led to an astonishing increase in the land’s value associated with the lease. Randy Finchum, Mike Finchum, Sue Berrier & Johnny Finchum are, collectively, a cell tower landlord leasing their Knoxville, Tennessee property for the placement of cell tower and telecom equipment. The property owners approached Vertical Consultants, a Nashville, Tennessee telecom consulting firm, to review the terms of their cell tower lease that is associated with the Knoxville property.
After review, the experts at Vertical Consultants found overwhelming disparities within the cell tower lease that gave these property owners the upper hand during the consulting firm’s renegotiations with landowners’ cell tower tenant. These findings, combined with Vertical Consultants’ knowledge, experience and skills, allowed the firm to negotiate a 202% immediate increase in cell tower rent for property owners.
Hugh Odom, Founder and President of Vertical Consultants states “There are approximately over 200,000 cell tower leases associated with properties across North America. Hundreds of cell tower landlords are not paid correctly and more are being significantly underpaid. We continue to work every day to change how things are being done in the telecom industry.”
Vertical Consultants is in its second year of delivering results for their cell tower landlord clients by advocating their monetary rights within their telecom leases. In just over one year, Vertical Consultants has recovered over 100 years’ worth of unpaid cell tower rent and expenses, collectively and has, on average, increased cell tower rents by 142%.
Founded in 2010 by Odom, Vertical Consultants, with decades of telecom experience, remains a source of information for all property owners and cell tower landlords. Vertical Consultants is proud to provide their clients an array of services and can handle all aspects of a lease from beginning to end. To learn more about the company and disparities within the telecom industry, please visit https://www.celltowerleaseexperts.com, call 877.456.7552, or email [email protected]