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TOWER ONE WIRELESS CORP - TOWTF STOCK NEWS

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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.

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Tower One Wireless Corp. (CSE: TO) (OTCQB: TOWTF) provides a construction update for December 2022. The company completed 14 new towers, with 7 in Ecuador and 7 in Colombia, bringing the total to 51 towers under construction in these regions. These towers will generate approximately $2,000,000 in non-cancellable rental revenue over ten years, excluding co-location revenue and inflation adjustments. Year-to-date, the total towers built stands at 172, with a portfolio of 348 towers and 382 tenants. The ongoing deployment supports enhanced telecommunications infrastructure across Latin America, driving economic development.

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Tower One Wireless Corp. (CSE: TO, OTCQB: TOWTF) has announced a construction update for November 2022, revealing the completion of 14 new towers—7 in Colombia and 7 in Ecuador. This brings the total to 158 towers built year-to-date and 334 towers in total. The new towers will generate approximately $1,750,000 in non-cancellable rent over the next 10 years, excluding potential additional revenues. The company aims to enhance telecommunications infrastructure across Latin America, reducing the digital gap and supporting economic development.

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Tower One Wireless Corp. (CSE: TO, OTCQB: TOWTF) provided a construction update for October 2022, announcing the completion of 13 new towers—5 in Colombia and 8 in Ecuador. This brings the total towers under construction in these countries to 49. The constructed towers will generate approximately $1,500,000 in non-cancellable rent over the next 10 years. Year-to-date, the company has built a total of 144 towers and currently operates 320 towers across Latin America, supporting efforts to enhance mobile internet coverage.

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Tower One Wireless Corp. (TOWTF) has released a construction update for September 2022. During this month, the company completed 13 new towers: 9 in Colombia and 4 in Ecuador, bringing the total of towers under construction in these countries to 43. The constructed towers are expected to generate approximately $2.3 million in non-cancellable revenue over 10 years, with a gross margin of 71%. Additionally, Tower One sold 28 towers during the same period, resulting in a cumulative total of 307 towers in its portfolio.

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Tower One Wireless Corp. (OTCQB: TOWTF) announced significant progress in September 2022, completing 13 new telecommunications towers—9 in Colombia and 4 in Ecuador. The company now has a total of 43 towers under construction across these regions, which are expected to generate approximately $2,300,000 in non-cancellable rent revenue over the next decade. Additionally, Tower One sold 28 towers during the same month, contributing to its growing portfolio of 307 towers in Latin America.

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Tower One Wireless Corp. (CSE: TO, OTCQB: TOWTF) announces the completion of 26 new towers in August 2022, including 17 towers in Colombia and 9 in Ecuador. With a total of 50 towers under construction, these developments are expected to generate a total, non-cancellable rent revenue of approximately $2,600,000 over 10 years, excluding additional revenue potential. Year-to-date, the company has built 118 towers, expanding its portfolio to 322 towers. Tower One continues to enhance telecommunications networks in Latin America, contributing to digital inclusion and economic growth.

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TOWER ONE WIRELESS CORP. (CSE: TO) (OTCQB: TOWTF) reported a constructive update for July 2022, announcing the completion of 14 new towers, with 7 in Colombia and 7 in Ecuador. This brings the total towers under construction to 55 across these countries. The long-term rental revenue from these new towers is projected at $2,300,000 over 10 years. Year-to-date, 92 towers have been built, contributing to a total portfolio of 296 towers.

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Tower One Wireless Corp. (TOWTF) announced a construction update for June 2022, indicating the completion of 22 new towers—11 in Colombia, 10 in Ecuador, and 1 in Mexico. This brings the total operational towers to 282. The company expects to reach approximately 450 towers by year-end. The newly constructed towers will generate about $2.6 million in non-cancellable rent revenue over 10 years, excluding potential colocation and inflation increases. Tower One focuses on enhancing telecommunications in Latin America, with a portfolio covering countries with a combined population of 190 million.

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Tower One Wireless Corp. (CSE: TO) (OTCQB: TOWTF) provided a construction update for May 2022, announcing the completion of 21 new towers—10 in Colombia and 11 in Ecuador. This brings their total to 260 towers in operation, up from 204 at the start of the year, with expectations to reach approximately 450 by year-end. The new towers will generate non-cancellable rent of over $2,400,000 for 10 years, excluding co-location revenue. Tower One aims to bridge the digital divide in Latin America by enhancing mobile internet coverage.

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Tower One Wireless (OTC QB: TOWTF) will participate in the RBC Capital Markets 2022 Global Communications Infrastructure Conference on May 24, 2022, at 1:20 PM MDT. Alejandro Ochoa, CEO, will present the company's growth and its role in enhancing wireless infrastructure across Latin America, serving nearly 198 million people. The company focuses on building multi-tenant towers in Colombia, Ecuador, and Mexico under a Build-to-Suit strategy, providing essential connectivity to underserved areas.

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FAQ

What is the current stock price of TOWER ONE WIRELESS (TOWTF)?

The current stock price of TOWER ONE WIRELESS (TOWTF) is $0.000001 as of May 1, 2024.

What is the market cap of TOWER ONE WIRELESS (TOWTF)?

The market cap of TOWER ONE WIRELESS (TOWTF) is approximately 90.1K.

When was Tower One Wireless Corp founded?

Tower One Wireless Corp was founded in 2015.

What is the primary focus of Tower One Wireless?

Tower One Wireless focuses on owning and operating cellular network infrastructure sites in South American markets with high usage growth.

How does Tower One Wireless minimize competitive risk?

Tower One Wireless builds towers in municipalities with limited or no cellular coverage, increasing the likelihood of multiple carriers sharing the tower and reducing competitive risk.

What is Tower One Wireless's current focus in terms of infrastructure expansion?

Tower One Wireless is currently concentrated on expanding 4G LTE infrastructure in Colombia.

What is the expertise of Tower One Wireless's management team?

The company's management team has extensive experience in cellular development, coming from one of South America's prominent tower developers.

What distinguishes Tower One Wireless from its competitors?

Tower One Wireless differentiates itself by focusing on high-quality cellular network infrastructure sites in South American markets with strong usage growth.

What are Tower One Wireless's future expansion plans?

Tower One Wireless plans to explore other territories beyond its current focus on Colombia.

How does Tower One Wireless contribute to enhancing cellular coverage in South America?

By building towers in areas with limited or no coverage, Tower One Wireless improves the accessibility and quality of cellular services in South American markets.

What is Tower One Wireless's approach to collaboration with carriers?

Tower One Wireless increases the probability of multiple carriers sharing their towers, fostering collaboration and reducing competitive risk.

What are Tower One Wireless's growth strategies for the future?

Tower One Wireless aims to continue expanding its 4G LTE infrastructure and explore new territories to drive further growth and market presence.

TOWER ONE WIRELESS CORP

OTC:TOWTF

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90.08k
109.75M
58.59%
Telecom Services
Communication Services
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United States of America
Bogotá