TSXV:ESTW.H - Post by User
Post by
Stockydocon May 12, 2022 12:51pm
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Post# 34678294
Keeping an eye on $ESTW
Keeping an eye on $ESTW$ESTW is in a great position with the rollout of 5G across America. Telecoms are increasing spending and responding with large-scale infrastructure investments. With U.S. telecoms set to spend $70B on capex in 2022 and Biden's $65B infrastructure spending plan, there is significant demand for contractors like $ESTW to build and maintain these towers. $ESTW.v has been dipping along with the market and the current price of $0.08 is undervalued imo. $ESTW will continue to expand as the buildout of 5G requires a skillset that is limited. The company expects revenue to increase significantly in 2023 to US$11M as they expand to other states. https://eastowerwireless.com/wp-content/uploads/2022/04/Eastower-Wireless-Investor-Presentation-April-2022_Final-.pdf