TSXV:ESTW.H - Post by User
Post by
Stockydocon Apr 13, 2022 1:28pm
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Post# 34601029
5G infrastructure market growing rapidly
5G infrastructure market growing rapidlyLooking for $ESTW.v to bounce back soon, there's tons of potential with this stock imo. Here's some stats on the wireless infrastructure market. - AT&T, Verizon, T-Mobile and 6 others are set to spend $70B in capital expenditures in 2022. The last time capex grew this fast was the rollout of LTE. - Biden's infrastructure spending plan looks at spending $65B to widen high speed connectivity in the US. $ESTW has an opportunity to take advantage of the roll-out of 5G becoming more popular. - 28 states have already enacted legislation to modernize state rules for 5G small cell deployment. - 5G infrastructure market is anticipated to grow rapidly through 2025. Long-term, $ESTW is in a great position to capitalize on 5G rollouts as the US looks to improve connectivity around the country. Looking forward to hearing more updates from the company. https://eastowerwireless.com/wp-content/uploads/2022/04/Eastower-Wireless-Investor-Presentation-April-2022_Final-.pdf