Market Herald logo

Subscribe

Be the first with the news that moves the market
  • EasTower Wireless (ESTW) has signed a master service agreement with one of the largest tower operators in the world
  • President & CEO Vlado Hreljanovic sat down with Sabrina Cuthbert to discuss the news
  • EasTower specializes in the construction, installation, upgrading, and maintenance of next-generation wireless infrastructure systems
  • EasTower Wireless Inc. (ESTW) opened trading at C$0.05

EasTower Wireless (ESTW) has signed a master service agreement with one of the largest tower operators in the world.

President & CEO Vlado Hreljanovic sat down with Sabrina Cuthbert to discuss the news.

“We are pleased to announce the successful execution of an MSA with a leading telecommunications client, placing Eastower as one of their approved contractors for future developments.”

“In addition, the client has invited EasTower to support them in further mandates in three of their other tenancy markets including Nashville, Louisville, and Knoxville, all within the great state of Tennessee. We are very fortunate to have received such a fantastic abundance of demand for our business at a time of global economic volatility and uncertainty. The largest capital market transaction this 2022 calendar year was with a very large tower builder and a bulge bracket bank for over $2 billion. This is a prime example of how the 5G market continues to be resilient to risks of inflation and potential economic recession and remains to grow despite the current market uncertainty. The 5G industry has the confidence behind long term government spending policies that allocated capital to their domestic wireless infrastructure developments,” he added.

EasTower specializes in the construction, installation, upgrading, and maintenance of next-generation wireless infrastructure systems, including 5G, 4G and small cell deployments. 

EasTower Wireless Inc. (ESTW) opened trading at C$0.05.

More From The Market Herald
The Market Herald Video

" Silver Bullet Mines (TSXV:SBMI) closes debt financing

Silver Bullet Mines Corp. (SBMI) has closed its previously announced debt financing.
The Market Herald Video

" Silvercorp Metals (TSX:SVM) reports Q1 2023 results

Silvercorp Metals (SVM) reported its financial and operating results for the three months ended June 30, 2022.
The Market Herald Video

" Givex (TSX:GIVX) completes acquisition of Counter Solutions Holdings

Givex Information Technology Group (GIVX) has completed the purchase of all of the outstanding shares of Counter Solutions Holdings.
The Market Herald Video

" Vox Royalty (TSXV:VOX) reports Q2 2022 results

Vox (VOX) has  announced its operating and financial results for the second quarter ended June 30, 2022.