Cell phone towers are often built, maintained, and even owned by large companies like American Tower and Crown Castle. They typically lease land from individuals, companies, or towns to build the towers and then lease space on those towers to carriers like T-Mobile and Verizon. This does not mean that all cell towers are owned by large companies, however. Cities and towns can greatly benefit from cell tower ownership and the lease agreements that come with it, generating revenue. T-Mobile reportedly declined the town's proposal of an $88,200 lease and countered with an offer of just over $30,000.