Update For the Month of August 2021 VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) -- TOWER ONE WIRELESS CORP. (CSE: TO) (OTCQB: TOWTF) (Frankfurt: 1P3N) (“Tower One” or the “Company”) provides a construction update for the month of August 2021.
During the month of July, the Company was able to complete nine (9) new towers and has a total of fifty-nine (59) towers under construction in Colombia and Mexico. These towers are built to suit for specific clients and will provide a total, non-cancellable 10 years contracts with 5+ year renewal options, value of $620,000.
Tower One began the year with 90 towers in operation and as of August 31st the company now owns and operates 166 towers, given the current construction schedule we expect to have approximately 300 towers in operation by year end.
https://www.globenewswire.com/news-release/2021/09/22/2301679/0/en/Tower-One-Construction-Update-For-the-Month-of-August-2021.html