BOCA
RATON, Fla., April 6,
2022 /CNW/ - EasTower Wireless Inc.
("EasTower" or the "Company") (TSXV: ESTW), a
US-based provider of wireless communications infrastructure
specializing in the construction, installation, and maintenance of
5G and 4G wireless systems, is pleased to announce that
Vlado P. Hreljanovic, CEO of
EasTower, and his team will celebrate the Company's recent listing
on the TSX Venture Exchange by opening the market on Friday, April 8, 2022 at 9:30am ET.
"We are very excited to unveil our company to the Canadian
Capital Markets as a leader in 5G infrastructure development, one
of the most rapidly growing industries and the future of
communication technology," said Mr. Hreljanovic. "5G represents a
significant opportunity as we continue to experience an
ever-growing demand for higher internet bandwidth. As the entire
U.S. mobile infrastructure requires an upgrade to this new
technology, EasTower is positioned to be a direct beneficiary of
this progression. We feel confident in the current U.S. market as
there is no shortage of contracts for EasTower to support the
company's continued growth."
In addition, the Company is pleased to announce the launch of
its new website. Please visit www.eastowerwireless.com.
About EasTower Wireless
Inc.
The Company, through its wholly owned subsidiary, EasTower
Communications Inc., is a U.S. provider of wireless infrastructure
developments and related services. The Company specializes in the
construction, installation, upgrading, and maintenance of wireless
infrastructure systems, including 5G, 4G and small cell deployments
as well as first responder or FirstNet initiatives. The Company's
diverse, top-tier customer base includes major telecom providers,
global original equipment manufacturers (OEMs), corporations and
federal government agencies. The Company is currently operating in
the State of Florida and is
focusing on potential expansions in the Southeastern Sunbelt states
of the US.
Forward-Looking
Information
Certain statements contained in this press release constitute
"forward-looking information" as such term is defined in applicable
Canadian securities legislation. The words "may", "would", "could",
"should", "potential", "will", "seek", "intend", "plan",
"anticipate", "believe", "estimate", "expect" and similar
expressions as they relate to the Company, are intended to identify
forward-looking information. All statements other than statements
of historical fact may be forward-looking information. Such
statements reflect the Company's current views and intentions with
respect to future events, and current information available to the
Company, and are subject to certain risks, uncertainties and
assumptions. Many factors could cause the actual results,
performance or achievements that may be expressed or implied by
such forward-looking information to vary from those described
herein should one or more of these risks or uncertainties
materialize. Examples of such risk factors include, without
limitation: credit; market (including equity, commodity, foreign
exchange and interest rate); liquidity; operational (including
technology and infrastructure); reputational; insurance; strategic;
regulatory; legal; environmental; capital adequacy; the general
business and economic conditions in the regions in which the
Company operates; the ability of the Company to execute on key
priorities, including business retention, and strategic plans and
to attract, develop and retain key executives; the ability to
implement business strategies and pursue business opportunities;
low profit market segments; disruptions in or attacks (including
cyber-attacks) on the Company's information technology, internet,
network access or other voice or data communications systems or
services; the evolution of various types of fraud or other criminal
behavior to which the Company is exposed; the failure of third
parties to comply with their obligations to the Company or its
affiliates; the impact of new and changes to, or application of,
current laws and regulations; dependence on key suppliers; granting
of permits and licenses in a highly regulated business; the overall
difficult litigation environment, including in the U.S.; increased
competition; changes in foreign currency rates; increased funding
costs and market volatility due to market illiquidity and
competition for funding; the availability of funds and resources to
pursue operations; critical accounting estimates and changes to
accounting standards, policies, and methods used by the Company;
the occurrence of natural and unnatural catastrophic events and
claims resulting from such events; and risks related to COVID-19
including various recommendations, orders and measures of
governmental authorities to try to limit the pandemic, including
travel restrictions, border closures, non-essential business
closures, quarantines, self-isolations, shelters-in-place and
social distancing, disruptions to markets, economic activity,
financing, supply chains and sales channels, and a deterioration of
general economic conditions including a possible national or global
recession; as well as those risk factors discussed or referred to
in the Company's disclosure documents filed with the securities
regulatory authorities in certain provinces of Canada and available at www.sedar.com. Should
any factor affect the Company in an unexpected manner, or should
assumptions underlying the forward-looking information prove
incorrect, the actual results or events may differ materially from
the results or events predicted. Any such forward-looking
information is expressly qualified in its entirety by this
cautionary statement. Moreover, the Company does not assume
responsibility for the accuracy or completeness of such
forward-looking information. The forward-looking information
included in this press release is made as of the date of this press
release and the Company undertakes no obligation to publicly update
or revise any forward-looking information, other than as required
by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
SOURCE EasTower Communications, Inc.
