Yes it is possible. Most municipalities will try to encourage or force co-location where they share tower space and one carrier subleases from the other carrier.
The existing tower may not be high enough or meet coverage requirements, or possibly the existing tower may not be engineered to support the extra equipment, or the two carriers may be at odds which may cause a 2nd tower to be justified.
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We live in a Rural area of Plain City, OH. Our signal is horrendous. We have tried everything, Boosters in the house, upgraded equipment, etc. We recently