Tower One Wireless Corp (TOWTF)

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TOWER ONE SIGNS COLLOCATION AGREEMENT WITH CLARO


Vancouver, BC, Canada – October 24, 2017 – Tower One Wireless Corp (CSE: TO) (OTCQB: TOWTF) (Frankfurt: 1P3N) (“Tower One” or the “Company”) announces that one of its operating subsidiaries has signed a Collocation Agreement with Claro in Colombia.

The Collocation Agreement allows the company to lease tower sites to Claro.

Alex Ochoa, CEO of Tower One, states: “This is the first step in the Collocation of Tower One’s cell tower infrastructure in Colombia, allowing the company to potentially double revenue by having a second tenant for all of our towers. Tower One currently has a pipeline of over 150 tower sites, and is continuing to build new towers each month.”

Claro is part of América Móvil, a Mexican telecom group serving clients in Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Uruguay.