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Bullboard - Stock Discussion Forum EasTower Wireless Inc V.ESTW.H

Technology Electronic Gaming & Multimedia
EasTower Wireless Inc. is a Canada-based company. The Company has no business operations. The Company is in the process of identifying and evaluating businesses or assets with a view to completing a change of business or reverse takeover.

TSXV:ESTW.H - Post Discussion

EasTower Wireless Inc > News from $ESTW
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Post by Stockydoc on Jun 10, 2022 2:20pm

News from $ESTW

Recent news from $ESTW shows growing demand for 5G as buildout of towers increases. Recently $ESTW announced a major new site build and financial results for Q1 2022.

- It has won an additional new site build from the largest national tower owner and operator in the US.
- cash balance of $1.10M in Q1 2022
- revenues of $425k in Q1 2022

As $ESTW looks to expand to nearby states in the US, I'm interested to see how much revenues will grow in the coming year. Great long term play here with 5G and the high demand for skilled 5G services.

https://ca.finance.yahoo.com/news/eastower-wireless-wins-additional-build-120000170.html
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