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Tower One Wireless Corp (TOWTF) is a publicly traded company on the CSE, established in 2015. The company's core business involves owning and operating high-quality cellular network infrastructure sites in South American markets experiencing rapid usage growth. Tower One Wireless concentrates on constructing towers in areas with limited or no cellular coverage, increasing the chances of multiple carriers sharing the tower and reducing competitive risk. The company boasts a seasoned management team with extensive experience in cellular development from one of South America's leading tower developers. Currently, Tower One Wireless is focused on expanding 4G LTE infrastructure in Colombia and plans to venture into other territories soon.
Tower One Wireless Corp. (CSE: TO, OTCQB: TOWTF) has released its construction update for March 2023, highlighting the completion of 12 new towers—one in Ecuador and eleven in Colombia. The company currently has 34 towers under construction in these regions, contributing to a projected 10-year rent revenue of approximately $2,150,000 (excluding colocation revenue). With a total of 386 towers in its portfolio and 424 tower tenants, Tower One aims to enhance telecommunications infrastructure in Latin America, fostering economic development and narrowing the digital divide. Forward-looking statements in the report caution investors about potential risks impacting future operations.
Tower One Wireless Corp. (CSE: TO) (OTCQB: TOWTF) provides a construction update for February 2023. The company completed 13 new towers, with 1 in Ecuador and 12 in Colombia, bringing the total to 42 towers under construction in these regions. The new towers are expected to generate approximately $2,700,000 in non-cancellable rental revenue over 10 years, excluding potential colocation revenue and inflation adjustments. Tower One currently has 374 total towers in its portfolio and aims to enhance telecommunications in Latin America, contributing to economic development and closing the digital gap.
Tower One Wireless Corp. (OTCQB: TOWTF) announced a construction update for January 2023, reporting the completion of 13 new telecommunications towers: two in Ecuador, two in Mexico, and nine in Colombia. These towers are expected to generate approximately $1,800,000 in non-cancellable rent revenue over ten years, excluding additional revenue from colocation and inflation adjustments. Tower One now has a total of 361 towers in its portfolio and aims to enhance mobile internet coverage in Latin America, addressing the digital divide and fostering economic development.
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