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SOURCE: Vertical Consultants
Vertical Consultants, a Nashville, TN, based telecom consulting firm, achieves a 268% cell tower rent increase for Minnesota cell tower landlords Gilbert Gamst and Candice Gamst.
Willow River, MN (PRWEB) November 14, 2012
Vertical Consultants announces the telecom consulting firm’s recent achievement of securing significant cell tower rent increases for Minnesota property owners, Gilbert Gamst and Candice Gamst. The Gamsts are cell tower landlords, allowing telecom equipment to remain on their property in exchange for cell tower rent. Concerned with the status of the lease associated with the cell tower on their property, the Gamsts utilized Vertical Consultants’ free cell tower lease review program. The results of the lease review provided evidence of their telecom tenant’s underpayment of cell tower rent.
From this realization, the property owners enlisted Vertical Consultants to renegotiate their cell tower lease. The telecom consulting firm was able to negotiate and secure terms that immediately increased the Gamst’s cell tower lease rate by over 268%. In addition to this immediate increase, Vertical Consultants structured the lease to provide substantial rent increases in upcoming years based on the cell tower site value to current telecom tenants and other wireless carriers occupying the Gamst’s property.
Hugh Odom, President and Founder of Vertical Consultants states “It is truly an honor to provide cell tower lease assistance to property owners across the country. It is unfortunate that the majority of property owners leasing their land for telecom placement are taken advantage of, but we have set a mission to combat the fleecing of cell tower landlords and are successfully fulfilling that mission.”
Since inception, Vertical Consultants has become a catalyst for positive change in the telecom industry. On average, the telecom consulting firm increases property owners cell tower rent by 98% and has, in just over one year, recovered over 100 years’ worth of unpaid cell tower rent and expenses, collectively. These statistics validate the wide disparities existing between property owners and the telecom giants.
Vertical Consultants, founded in 2010 by Hugh Odom, is comprised of a group of wireless industry veterans with decades of combined experience. Priding itself as the only true landowner advocate, Vertical Consultants handles all aspects of telecom transactions and negotiations on behalf of property owners, from start to finish. To learn more about the disparities within the telecom industry, visit http://www.vertical-consultants.com or contact Vertical Consultants' Public Relations Director at Joanna(at)vertical-consultants(dot)com.
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