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TOWER ONE SECURES CONTRACT TO BUILD SITES WITH TELEFONICA (ECUADOR)

Globe Newswire - Tue Apr 12, 2022

Miami, Florida, April 12, 2022 (GLOBE NEWSWIRE) -- TOWER ONE WIRELESS CORP. (OTCQB: TOWTF) (CSE: TO) (Frankfurt: 1P3N) (“Tower One” or the “Company”). Tower One, through its subsidiary in Ecuador is pleased to announce a new contract with Telefonica (NYSE: TEF) – to build Tower Sites and to finance equipment. This transaction has a CAPEX requirement of $18M USD. Each tower site is a build to suit (BTS) as requested by Telefonica.

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