Tower One is Purchasing 15 Towers in Argentina: $TO.C $TOWTF $1P3N

TO

Following up from our post the other day regarding Tower One's entrance into Mexico, the Company announced this morning the purchase of 15 new cell towers in Argentina. These 15 towers are expected to cost a total of approximately USD$1,050,000. Tower One conducted a successful cost-cutting bid process with tower vendors that has reduced its cost per tower site. Tower One is operated by a team of telecom and finance professionals with a long history in the telecom and wireless infrastructure … [Read more...]

Cell Towers for a Data Hungry World: $TO.C $TOWTF

Cellular Tower

Tower One (CSE: TO  OTC: TOWTF), one of the more unique microcaps out there leveraging data and cellular growth, has strengthened the business foundation recently, announcing a $5 million dollar line of credit that will be used to build and purchase around 100 new towers. They will pay off interest on the line of credit with lease payments generated from the towers, creating a less dilutive situation for shareholders while growing the company’s cash-generating portfolio. TO has made some big … [Read more...]