The officials of Brevard County, Florida have realized what a cash cow the cell tower industry has become and they have decided to find new ways to use the towers as a revenue source. According to the Florida Today, “County officials are in the initial stages of setting up a hierarchy of preferences for new towers, including where they would be located, their preferred maximum height and what they would look like.”
Brevard County recently conducted a workshop to brainstorm new ways to earn revenue via the cell towers. The county commissioners decided they should encourage companies to consider the county land when looking to construct new towers as well as own their own towers. A single tower can produce anywhere from $40,000 to $50,000 a year in rental income from each cell company with equipment on the tower. The county is considering moving into this market to generate revenue, but the increase in cell towers will also improve cell phone service in and around Brevard County.