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...]