TOWER ONE WIRELESS ANNOUNCES 26 TOWERS COMPLETE – $2,600,000 ADDITIONAL NON-CANCELLABLE RENT, The Canadian Business Journal

VANCOUVER, British Columbia, Canada, September 14, 2022 (GLOBE NEWSWIRE) — Tower One Wireless Co., Ltd. (CSE: TO) (OTCQB: TOWTF) (Frankfurt: 1P3N) (“tower one” or “Company”) is pleased to provide an update on construction in August 2022.

During August, we CompleteEd twenty six (26) new tower: Seventeen (17) Tower of Columbia, When Nine (9) ecuador tower in total of 50 (50) Tower Under construction of These specific countries also. These towers are built for specific clients and offer non-cancellable total rents. Earnings 10 years about $2,600,000 (*This number does not include colocation revenue upside and inflation escalator terms.)

Tower One will continue to support efforts to deploy efficient telecommunications networks, enabling more connected and serviced communities across Latin America. Deploying new infrastructure to provide mobile Internet coverage has the direct effect of reducing the digital gap for users and communities, ensuring inclusiveness and improving economic development.

A copy of the August 2022 Construction Report can be found on the company website or at the following link.

About Tower One
Tower One’s primary business is to build, own and operate a multi-tenant wireless communications infrastructure (“tower”) in Latin America. Tower One leases space in its towers to mobile network operators. The company focuses on building for the tower industry, where long-term lease agreements are signed with tenants prior to tower construction. The company owns and operates his 322 towers in Latin America’s largest Spanish-speaking countries (Colombia, Ecuador and Mexico), with a combined population of approximately 190 million.

contact address:
Corporate communication
Phone: +1 917 546 3016
Email: inf[email protected]
Website: www.toweronewireless.com

CSE has not verified and is not responsible for the adequacy or accuracy of the contents of this news release.

Forward-Looking Statements

Certain statements in this release, including regulatory approvals and other matters, are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intentions regarding the future. Such information is generally not intended for transfer purposes such as “may”, “expect”, “estimate”, “predict”, “intend”, “believe”, “continue”, etc. It can be identified using the wording, or its negative form, or similar variations. Forward-looking statements in this news release include statements regarding our expectations that our customers will accept the new towers. By their nature, forward-looking statements involve a number of general and specific assumptions, known and unknown, that contribute to the possibility that the predictions, estimates, projections, forecasts and other forward-looking statements may not occur. includes the risks and uncertainties of Forward-looking statements contain many statements that, if not factual, could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such statements. It is necessarily based on factors. These assumptions, risks and uncertainties include, among other things, general economic conditions, particularly the capital markets, the impact of the ongoing COVID-19 pandemic, current and future business strategies and the environment in which we operate. included. future, and other factors, many of which are beyond our control. Such estimates and assumptions, while believed by our management to be reasonable, are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. We will not update any forward-looking statements or forward-looking information referenced herein, whether as a result of new information events or otherwise, except as required by applicable securities laws. shall have no obligation.

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