Cell Phone Towers Annual Report January 2013
Prepared by Greg
Greg continues to keep track of developments in the cell phone industry and keeps us informed of any developments. During the past year, we have lost one of our Nextel antennae contracts. The reason for the lease being terminated is that Nextel technology is no longer as in demand as the newer Apple technology which is taking on more market share.
The lost annual income is almost $32,000. It is possible that we will be able to gain another contract to fill this space. In the meantime, we intend to move the new storage shed into this area.