Wireless Firm Signs Agreement with Large Tower Operator

By: Tomas Ronolski - AllPennyStocks.com News

Monday, June 20, 2022

Cellular services represent a growing market and the United States is expected to be a key driver—the global 5G service market size is estimated to reach $1.67-trillion by 2030. This U.S. provider of wireless infrastructure development is on track for this growth.

U.S.-based provider of next generation wireless communications infrastructure, EasTower Wireless Inc. (TSXV: ESTW), specializes in the construction, installation, and maintenance of 5G and 4G wireless systems. Per the company’s press release, they successfully entered into a Master Service Agreement with one of the largest tower operators in the world.

With a focus on the Southeastern region of the U.S., EasTower specializes in the construction, installation, upgrading, and maintenance of next generation wireless infrastructure systems, and has a diverse, top-tier customer base including major telecom providers, global original equipment manufacturers, corporations and federal government agencies.

Shares ended Friday at $0.04.

Copyright © 2022 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.