Top 15 Cell Tower Companies | Everything You Need To Know

By Nick G. Foster

February 9, 2021

Who Are The Top Cell Tower Companies?

(Article updated on March 24, 2025)

There are over 100 cell tower companies with headquarters in the United States. They range from the largest players like the top three publicly traded tower companies. To small mom-and-pop operators. Typically the larger the cell tower company, the more sophisticated their operations.

The list below of the top 15 cell tower companies has been compiled from information obtained by publicly available sources. In some cases the tower company might not own the structure, but has lease rights and the ability to acquire the towers on the property for a set period of time. Totals shown below do not include distributed antenna systems (DAS) or small cells.

#1 American Tower Corporation | 42,000+ Sites

As of December 31, 2024, American Tower Corporation (NYSE: AMT) represented that they have over 42,000 cell tower sites in the United States. Headquartered in the Boston market, AMT is a large company with over 5,000 employees and offices in 21 countries.

American Tower Corporation made big news at the end of 2020 when they acquired the sixth largest tower company in the United States, InSite Wireless, for $3.5 Billion.

Due to the large size of the AMT portfolio, we often represent property owners in new lease negotiations, lease renewals, and sales transactions with AMT. Overall our experience with AMT is positive and we find them professional to work with. Click here to read our analysis on the American Tower Corporation Q4 2024 Earnings Call and what it means for landlords.

#2 Crown Castle Corporation | 40,000+ Sites

Crown Castle (NYSE: CCI) is the second largest cell tower operator in the United States. They lease land for approximately 30,000 cell towers which represents approximately 74% of their portfolio. On average they have 2.2 tenants per tower with approximately six years remaining on the lease with their tenants. Crown Castle is trying to extend their leases and when they are successful are averaging a lease extension of 43 years. Click here to read our analysis on the the Crown Castle Q4 2024 Earnings call and what it means for landlords.

Crown Castle landlords NEED to seek expert help when dealing with Crown Castle.

#3 SBA Communication | 17,000+ Sites

SBA Communications (NASDAQ: SBAC) is the third largest cell tower company in the United States headquartered out of Boca Raton, Florida. The company owns approximately 17,000 cell towers across the United States. SBA has offices in the United States, Brazil, Canada, Argentina, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Nicaragua, Panama, Peru, and South Africa. To review our abstract of their Q4 2019 earnings calls check out our article here.

#4 Vertical Bridge | 9,000 Cell Towers

Previously holding the fifth position years ago, Vertical Bridge is now the fourth the largest privately held cell tower company in the United States. Founded in 2014, they are headquartered out of Boca Raton, Florida. Which is also the headquarters to SBA Communications. Their website states they have 268,000 owned and managed assets, however, it is unclear what is wireless, raw land, billboards, etc.

In our interactions with Vertical Bridge they have been pleasant to work with. In our opinion, they use an AT&T lease template that has been revised to reflect their needs. They are the largest private owner and operator of cell towers in the United States.

#5 Harmoni Towers | 1,600 Cell Towers

Harmoni Towers is headquartered in Little Rock, Arkansas. It was founded in 2020 and focuses on building and owning telecommunications towers across the country. The company is backed by Palistar Capital LP, an investment firm out of New York that specializes in digital infrastructure assets. Previously known as Uniti Towers, prior to Melody Investment Advisors acquiring 90% of Uniti Towers in 2020.

#6 Tillman Infrastructure | 1,500 Cell Towers

Tillman Infrastructure is headquartered out of New York City. Founded in 2016, they have grown over the years from constructing their first cell tower to raising a billion dollars and constructing over 500 cell towers.

#7 CTI Towers | 1,000 Cell Towers

CTI Towers was formed in 2011 with an investment from Comcast Ventures. Headquartered in Cary, NC, CTI Towers has 1,000 towers under its management. In 2018, CTI Towers acquired a portfolio of 360 towers from Mediacom Communications. Around 2015 CTI sold tower assets to the sixth largest tower company in the United States, InSite Wireless.

#8 Diamond Communications, LLC | 1,000 Cell Towers

Founded in 2006, Diamond Communications, headquartered out of Short Hills, New Jersey, states that they have 1,000 tenanted sites on their website. Their executives formerly held positions at AAT Communications, acquired by American Tower Corporation, and SBA Communications. 

#9 Tower Co | 1,000 Cell Towers

Headquartered out of Cary, North Carolina, TowerCo is a cell tower developer building throughout the United States.

#10 Phoenix Tower International | 950 Cell Towers

Founded in 2013 by previous leaders at Global Tower Partners, which was purchased by American Tower Corporation. Phoenix Tower International is headquartered in Boca Raton, Florida. Phoenix Tower states on their website that they have over 86,000 sites across 14 countries, however, it is difficult to determine how many of those are in the United States. We believe Phoenix Tower may have around 950 cell towers in the United States. 

#11 Eco-Site | 600 Cell Towers

Founded in 2012 and headquartered in Morrisville, NC, Eco-Site is a build-to-suit cell tower developer. They have approximately 600 cell towers. A property owner contacted by Eco-Site needs to really watch out for the restrictive assignment language in their lease template. The last sentence of the assignment provision they propose not allowing the Landlord to assign the lease without their consent, which they can withhold in their sole discretion. This should be removed immediately.

#12 Octagon Towers | 600 Cell Towers

Founded in 2019 and financially backed by Peppertree Capital Management. There is not much information about them on their website.

#13 Tarpon Towers | 500 Cell Towers

Tarpon Towers, based in Lakewood Ranch, Florida, is a site acquisition company for major US cell phone

#15 K2 Towers | 500 Cell Towers

Founded in 2009, K2 Towers is currently located out of Chagrin Falls, Ohio

#15 Tower Ventures | 400 Cell Towers

Founded in the 1990’s, Tower Venture started out as a family owned business that developed and marketed towers to the wireless industry. In 2007 Tower Ventures evolved from a regional tower builder to a national tower operating company by acquiring several tower portfolios. Today the company owns over 400 towers and manages another 450 third party rooftops and towers available for colocation. Tower Ventures headquarters is in Memphis, TN.


What should you do if you have been contacted by one of these cell tower companies?


Contact Airwave Advisors today for expert consultation on how to maximize your opportunity with top players in the industry!

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Verizon & Vertical Bridge Deal | Impact on Cell Tower Lease Landlords

Vertical Bridge merges with Eco-Site

Vertical Bridge Merges With Eco-Site

53 Comments

  1. Ricky Peck on January 31, 2025 at 1:03 pm

    Hi my name is Ricky Peck and I have a piece of property in berna Kentucky the property of some of the highest ground around the area it would be a great place for a cell tire if someone was wanting to put one up I know currently in our area they’re putting cell tires up in McCracken and Marshall county and Graves county and was wondering if they would like to put one in Livingston county which is just across the river I have the perfect place

    • Nick G. Foster on March 20, 2025 at 12:16 pm

      That is a good question Ricky. Please contact cell tower companies directly to see if they are interested.

  2. Frederick Robinson on April 30, 2024 at 1:22 pm

    Good afternoon,
    My wife, and I, are already working with the local power company to extend power to our parcel of land.

    The closest cell tower is 3 miles to our Northwest. It’s accompanied by a radio station tower. Noting that Starlink internet will be installed to parcel (solar powered) by the end of May 2024.

    What are next steps to find out if and if so, “who is interested in putting a tower lease on our land” and how do we take next steps?

    Make it a great day!

    Sincerely,

    Fred

  3. Joe Figg on October 29, 2023 at 4:25 pm

    I have a 8.98 acre lot that is the highest point in Harrison county Indiana that is border line to Floyd county Indiana . I am interested in leasing for a cell tower..

  4. Mary Sparks on May 25, 2023 at 7:12 pm

    I also have land that I would like to rent for a Tower to be placed on top of my hill

  5. Michael O'Connor on January 12, 2023 at 12:56 pm

    Hi Nick, I have two parcel zoned commercial in Pensacola, Fl. Looking to see if a cell tower would be good for the area. 715 New Warrington rd and 717 New Warrington rd. 32506

  6. David Price on December 30, 2022 at 2:09 pm

    my dad past leavening no way to contact anyone about the royalties he was receiving from cellco partnership. The tower is on S. Sandy rd Duncanville Alabama
    I can’t get I’m touch with them. A lawyer gave me info that stated they were looking for the owner
    Why he is not the owner its surround by now my property on three sides. Can you help me?

    • Nick G. Foster on March 20, 2025 at 3:01 pm

      It is very likely Verizon Wireless or American Tower Corporation is now your point of contact. A good thing to look into is walk up to the cell tower and see if there is any contact information attached to the fence surrounding the cell tower or on any equipment around the cell tower.

  7. Brandon Fackler on November 3, 2022 at 9:53 am

    Hi Nick,

    I manage a crane rental company in Delaware. How would I go about contacting companies that service and maintain towers in the area so they could use our service? I have just filled out their request form online was wondering if you knew of any better way of contact.

    Thank you,
    Brandon

    • Nick G. Foster on March 20, 2025 at 12:38 pm

      You can contact the companies listed in this article, or contact cities around you and find out who is submitting permit applications to develop cell towers in the area.

  8. Tony Parrish on July 15, 2022 at 12:13 pm

    Looking to lease section of our farm out for cell Tower. Andy’s Farms. Property address: Lawrenceburg TN

  9. Shyamal Das. on May 30, 2022 at 2:40 am

    Tower installation

  10. Mitch Hess on May 25, 2022 at 5:59 pm

    Hello
    I have a crane company and would like to find work with cell tower companies. Do you have a directory of companies who perform this work? I cover Georgia and Alabama.
    Thank you

    • Nick G. Foster on March 24, 2025 at 10:33 am

      Hi Mitch, great question. This article is a good resource. You will need to reach out to those companies directly to see if they are developing in your market.

  11. Eva Elder on January 2, 2022 at 1:50 pm

    Hi Nick: I Have a Bell cellular tower. Lease has run out as per my purchasing of this property. I have tried since October, 2021 to reach the Tenant with no replies. I am in the market to find a new Tenant. Any advise on reputable companies who deal in Canada?
    I noted you mentioned SBA Communications. Your advice would be appreciated.

    Respectfully,

    • Nick G. Foster on March 25, 2025 at 9:09 am

      Hi Eva,

      Thank you for reaching out. I believe Rogers is a big cell tower company in Canada you may want to reach out to and chat with.

      All the best,

      Nick G. Foster

  12. Randy on December 26, 2021 at 8:19 pm

    Hi Nick,

    I would like to own a tower or multiple ones if possible. Are there ever any for sale with existing leases?

    • Nick G. Foster on March 24, 2025 at 10:40 am

      Hi Randy, to try and buy your own tower you best approach would be to make unsolicited offers to property owners who have cell towers. Good luck!

  13. Valarie Simms on June 17, 2021 at 3:19 pm

    AT&T is looking for opportunities to enter Master Lease Agreements with tower companies: Colocation on towers/rooftops/etc.

    Sr. Sourcing Manager
    AT&T

    • Nick G. Foster on March 20, 2025 at 3:10 pm

      This is true and to the best of my knowledge, all major telecom carriers have MLA’s with all major US telecom companies.

  14. Rita on June 14, 2021 at 10:58 pm

    Would like to lease land I own for a cell tower on my land where I live there is no cell service or a foot print to receive any service from any company please contact me

  15. Melissa on April 19, 2021 at 7:50 pm

    Hi, I am forming a company to build new towers and service existing ones. How do I get started with obtaining contracts?

    • Nick G. Foster on April 20, 2021 at 8:59 am

      Hi Melissa,

      Try reaching out to the wireless carriers directly. AT&T, Verizon, T-Mobile, and DISH Network Real Estate Departments.

      Good luck,

      Nick G. Foster

    • Ronnie Harbolic on September 18, 2023 at 11:39 am

      Melisa are you building in New York. I have property that is zoned for a tower and am interested in having a company lease my property.

  16. james a jones on February 23, 2021 at 9:45 am

    have cell tower forsale in Florida……jim.

    • Nick G. Foster on March 20, 2025 at 3:13 pm

      Hi Jim, if you are interested in discussing your cell tower for sale, please give us a call. All the best!

  17. Annette Hooks on January 23, 2021 at 12:43 pm

    Hi Nick,
    I have 19 acres of vacant land in McIntosh Ga. that I would would lease to a communication company for a cellular tower. Can you please tell me what would be the most effective way to get in touch with some of these companies who may be interested?
    Thank you

  18. Jonathan Lambert on January 7, 2021 at 9:44 am

    Hi Nick,

    I’d like to find cell maintenance and erection companies with a national footprint headquartered in Georgia. Looking for 1 or a few companies to service all our towers.

    Respectfully
    Jon

    • Nick G. Foster on February 12, 2021 at 6:25 am

      Hi Jon,

      I am not aware of any companies that meet your criteria. Best of luck on your search.

      All the best,

      Nick G. Foster

    • Kenneth on July 8, 2021 at 8:50 am

      Hi Jon, our company travels the country doing mapping and 3D modeling for the telcom industry (towers) along with site audits for the individual carriers. The data we collect varies project to project. If this is something you may be looking to add to your team of contractors, we are in GA often. Feel free to reach out. Thanks and have a great day.

    • Bankole W Adeigbe on August 13, 2022 at 10:46 pm

      Hi Jon,

      I am a certified project management professional who is skilled and experienced in telecommunication site delivery,upgrading,decommissioning and installation.site acquisition.zoning and day to day management of cell site passive infrastructures to mention a few.I need a job should you have a need for my services

      • Nick G. Foster on March 20, 2025 at 3:02 pm

        Thank you for the offer. We are not hiring at this time, however, we will keep you in mind should future opportunities arise.

    • Howard Parish on April 29, 2024 at 9:31 am

      Jonathon,
      I represent Trillium Tower Development We are based in MN and have crews in the mid-west. If you are still looking for a Maintenance and erection company. Please contact me.

      • Nick G. Foster on March 20, 2025 at 12:24 pm

        Thank you for reaching out. We just work with cell tower landlords, we do not do contract work for cell tower companies.

  19. John DeMarco on September 22, 2020 at 11:48 pm

    Do you have a list of areas that the Tower companies are in need of towers? I would like to buy land in that area which could possibly host a tower.

    • Nick G. Foster on September 28, 2020 at 3:31 pm

      Hi John,

      I do not have a list of areas that cell tower companies are developing in. They do not publish those lists publicly, or distribute those lists to anyone but their tower developers.

      All the best,

      Nick G. Foster

  20. Kris Skinner on September 21, 2020 at 8:34 am

    I work for a crane company in Southeast Georgia and I would like to offer my services to the companies that service towers both existing and new construction. Do you have any recommendations on who I can contact for Georgia and South Carolina Towers?

    • Nick G. Foster on September 28, 2020 at 3:32 pm

      Hi Kris,

      Try contacting cities in the states you want to operate in and ask them what companies are applying for building permits to construct cell towers in their city. Then contact those companies.

      Best of luck,

      Nick G. Foster

      • Mary Tutor on April 24, 2024 at 9:45 am

        I have a power quick 500 ascender that I’m trying to sell. My deceased husband was the previous owner so I have no use for it, any ideas of who might want to purchase this?

        • Nick G. Foster on March 24, 2025 at 10:28 am

          Hi Mary, I wish I could assist you but I am unfamiliar with the equipment you are trying to sell.

  21. Tanya Rice on February 9, 2020 at 1:57 am

    Hi I would like to have a Tower on my Land. I have 21 acres between two county’s Douglasville, & Dallas,
    Georgia. Can you help me out with this..I could use the income .
    Thanks Tanya Rice

  22. Nick Kabalen on January 18, 2020 at 1:12 pm

    Would like to see if any interest in erecting towers in my area of US.

    Rockcastle, Kentucky

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Nick Foster Airwave Advisors

About Nick G. Foster

Since founding Airwave Advisors® in 2014, Mr. Foster has added value to over 400 clients ranging from the State of Nevada, City of Beverly Hills, to Habitat For Humanity. Mr. Foster focuses on cell tower lease renewals, buyouts, new lease negotiation, and cell site lease management. Prior to starting Airwave Advisors® Mr. Foster founded and led the Cell Site Services Group within nationwide commercial real estate services leader Cassidy Turley (now known as Cushman & Wakefield).