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In this straightforward guide, we explore what is a cell tower, how do cell towers work, and why are they crucial for your cell phone's functionality. A cell tower lease agreement is a contract between a property owner and a cell tower company, allowing them to install and operate a cell tower on the property. The agreement outlines the. From transmitting radio signals to our mobile devices, cell towers have a defined range that varies due to several factors. Gaining some insight into how cellular towers function.