- Business
- Tower One Wireless Corp. (CSE: TO) owns, builds, operates and develops multitenant build-to-suit communications towers and related wireless infrastructure for mobile network operators. The company offers tower and infrastructure construction services including scope of work development, utility coordination, contractor selection, bill of materials coordination, on-site quality control and closeout documentation; site acquisition and zoning supported by RF experts; operation and maintenance of assets and third-party networks to minimize downtime; installations and upgrades encompassing refarming, carrier additions, physical changes, RF, transmission and drop & insert; government and private sector relations for site portfolio development; and engineering including distributed antenna systems with iBwave-certified expertise. Tower One Wireless focuses on 4G LTE and 5G network expansion through long-term non-cancellable leases secured prior to construction, targeting municipalities with limited cellular coverage to maximize collocations and minimize competitive risk. Incorporated in Canada and founded in 2015, the company is headquartered in Vancouver, British Columbia, with key offices in Miami, Florida; Mexico City; Bogota, Colombia; and Quito, Ecuador, and maintains operations across Canada, Colombia, Mexico, Ecuador, the United States and other Latin American markets serving major multinational carriers. Recent developments include the completion of multiple tower builds generating substantial non-cancellable recurring rent such as nineteen towers adding $2.7 million in November 2023, seven towers adding $1.5 million in July 2024, and accelerated construction pace with 160 new towers deployed across Latin America in 2023 up from 144 the prior year; however, activity slowed in Colombia to ten sites in May 2025 from fifteen in May 2024.