Tower companies are businesses that own and manage communication towers, which are essential for transmitting signals for mobile phones, radio, and television. These towers support antennas and other equipment that enable wireless communication, making them crucial for connectivity in urban and rural areas alike. These companies often lease space on their towers to various telecommunications providers, such as Verizon and AT&T, allowing multiple users to share the infrastructure. This practice helps reduce costs and promotes efficient use of resources, ultimately enhancing service coverage and quality for consumers.