Telecom companies continue to evade the correct payment of rent, costing property owners across North America tens of millions of dollars.
Nashville, TN (PRWEB) April 17, 2012
Vertical Consultants is proud to declare the recovery of six (6) years of unpaid cell tower lease expenses for Richter Family Trust, an executive trust organization headquartered in Knoxville, TN. Richter Family Trust currently leases space to T-Mobile for cell tower placement on property located in Woodland, CA. The collection of expenses due from T-Mobile dates back to 2005, representing a significant recovery for Richter Family Trust.
Upon review of the lease and the Woodland, CA tower site, it was determined that T-Mobile had failed to pay the property owner for sublease revenue derived from the cell tower. Utilizing knowledge from decades of experience in the telecom industry, Vertical Consultants was able to recoup the six (6) years of unpaid cell tower expenses for Richter Family Trust. In addition to this recovery, Vertical Consultants renegotiated the current lease based on T-Mobile’s use of the property, resulting in a 297% immediate increase in rents received by the property owner.
Hugh Odom, the President of Vertical Consultants states that “Property owners across North America are not paid correctly under their current cell tower leases. The main reason is the lack of information regarding their telecom tenants’ actual use of their property. The telecom companies continue to rely on this fact to evade the correct payment of rent under their leases, in turn costing property owners across North America tens of millions of dollars a year in both the non-payment and underpayment of tower rents.”
Vertical Consultants was founded in 2010 by Hugh Odom and is comprised of a group of wireless industry veterans with more than forty (40) years of combined experience. Vertical Consultants specializes in issues surrounding the wireless telecom industry and prides itself as a source of information for property owners. Vertical Consultants experience in the industry allows it to offer its clients unmatched expertise, services and results. Unlike others in their field, Vertical Consultants is able to handle every aspect of the issues surrounding a cell tower, rooftop or any other type of telecom lease, from start to finish. To learn more visit http://www.vertical-consultants.com or contact Vertical Consultants at info(at)vertical-consultants(dot)com or 877.456.7552.