Town Administrator John Coderre said the company will pay rent, brining in some extra revenue.
The town receives $25,000 in rent every year from SBA Communications
, the private company that owns the cell tower.
The town used to own the towe, but opted to rent the space when the old tower went into disrepair.
The SBA tower holds the towns emergency radio signals, and rents out spots to cell phone companies, Coderre
The town gets ten percent of the fees cell providers pay SBA
for space on the tower.
The new Verizon deal will bring in $3,000 annually.
said Verizon service used to be spotty in town, something he
said many will be happy to see fixed.
does their own analysis about where they need towers to provide strong coverage, and they identified this area as needing more coverage," Coderre
"Were pleased that theyre locating on our tower from a financial standpoint and from a services standpoint."
There is currently one other cell provider on the tower, Coderre