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BOCA RATON, Fla. , May 25, 2022 /PRNewswire/ — EasTower Wireless Inc. (“EasTower” or the “Company”) (TSXV: ESTW), an American provider of next-generation wireless communications infrastructure that specializes in the construction, installation and maintenance of 5G and 4G wireless systems, is pleased to announce that it has won another major new construction through one of the largest national tower owners in the United States (the “Customer”). The contract is the largest won for date.
“We continue to gain advantages from the development of the 5G infrastructure call, as evidenced by the tenders won against our competitors, thus expanding our portfolio of activities that we are experiencing lately,” said Vlado P. Hreljanovic, CEO of EasTower, “In the load, we are detecting more new structure sites in the last year and further diversifying our profit streams as we move up to our Tier 1 visitor portfolio. We are also in the process of expanding the number of our groups to continue to fulfill the important call. for that we plan to continue our increase during the remaining months of 2022 and until 2023. Our purpose remains to invest in the expansion of our business, evolving our operations well while maintaining the highest quality 5G versions. “
The length of the global 5G market is estimated to reach US$1. 67 trillion by 2030, recording a compound annual expansion rate (CAGR) of 52% from 2022 to 2030. (1) The U. S. is expected to be among the top drivers of this global expansion are due to government projects that invest directly in 5G infrastructure and develop domestic demand for higher-speed programs from institutional and residential consumers.
Source(1) https://www. prnewswire. com/news-releases/5g-services-market-size-worth-1-67-trillion-by-2030-with-cagr-of-52-0-grand-voir-recherche-inc-301503805. html
About EasTower Wireless Inc.
The company, through its wholly-owned subsidiary, EasTower Communications Inc. , is a U. S. provider of wireless infrastructure advancements and similar services. The company specializes in building, installing, upgrading and maintaining next-generation wireless infrastructure systems, adding 5G, 4G and small mobile deployments, as well as first aid or FirstNet initiatives. The company’s diverse and leading visitor base includes leading telecommunications providers, global original appliance brands (OEMs), enterprises, and federal government agencies. Lately, the company operates in the state of Florida.
For more information, visit www. eastowerwireless. com
Forward-looking information
Certain statements contained in this press release constitute “forward-looking data”, as that term is explained under applicable Canadian securities legislation. The words “possibly”, “may also just”, “may also just”, “deserve”, “potential”, “will seek”, “intend”, “plan”, “anticipate”, “believes”, “estimate”, “expect” and similar expressions in relation to the Company, are intended to identify forward-looking data. All statements other than statements of past fact would possibly be forward-looking data. These statements reflect the Company’s existing ideals and intentions with respect to long-term events, as well as existing data held for the Company, and are subject to certain threats, uncertainties and assumptions. Many things may also cause the actual effects, performance or achievements possibly expressed or implied by such forward-looking data to differ from those described in this document, warrant one or more of those threats or uncertainties to materialize. Examples of such threats include, but are not limited to: credit; marketplaceplaceplaceplace (adding stocks, commodities, currencies, and interest rates); liquidity; operational (adding generation and infrastructure); reputational; Sure; strategic; regulator; legal; environmental; capital adequacy; general business and economic situations in the regions where the Company operates; the Company’s ability to enforce its key priorities, adding business retention and strategic plans, and to attract, expand and retain key executives; the ability to launch business forms and capture business opportunities; low profit marketplaceplaceplace segments; interruptions or attacks (including cyber-attacks) on the Company’s data generation, Internet, network access or other voice or knowledge communication systems or services; expansions in various types of fraud or other criminal habits to which the Company is exposed; failure by third parties to comply with their legal duties to the Company or its affiliates; the validity of new legislation and applicable regulations, their adjustments or their application; dependency on key suppliers; granting of permits and licenses in a highly regulated business; the challenging litigation environment globally, in addition to the United States; major party; exchange rate adjustments; higher investment prices and market volatility due to lack of liquidity and investment festival; the availability of budget and resources to continue operations; critical accounting estimates and adjustments in accounting standards, policies and forms used throughout the Company; the occurrence of herbal and non-herbal catastrophic events and claims resulting from such events; and threats similar to COVID-19, adding various recommendations, orders and measures throughout the governmental government in an attempt to constrain the pandemic, adding travel restrictions, border closures, non-essential business closures, quarantines, self-isolation, shelter-in-place location and social networks remoteness, disruptions in the market, economic activity, financing, supply chains and sales channels, and the deterioration of the general economic situation, adding an imaginable national or global recession; as well as the threats discussed or referred to in the Company’s disclosure documents filed with the securities government in certain provinces of Canada and available at www. sedar. com. If something affects the Company in an unforeseen way, or if the assumptions underlying the forward-looking data prove incorrect, actual events or effects may also differ materially from anticipated events or effects. Any such forward-looking data is expressly qualified in its entirety by this cautionary statement. Furthermore, the Company assumes no liability for the accuracy or completeness of such forward-looking data. The forward-looking data included in this news release is made as of the date of this news release, and the Company undertakes no legal obligation to publicly update or revise any forward-looking data, except as required by applicable law.
Neither tsx Venture Exchange nor its Regulatory Service Provider (as that term is in TSX Venture Exchange’s policies) accepts responsibility for the adequacy or accuracy of this press release.
SOURCE EasTower Wireless Inc.
See content: http://www. newswire. ca/en/releases/archive/May2022/25/c2735. html