Tower One Wireless Corp. reported construction update for the month of September 2022. During the month of September, the Company completed thirteen (13) new towers: nine (9) towers in Colombia, and four (4) towers in Ecuador with a total of forty-three (43) towers under construction in these specific countries, as well.

These towers are built to suit for specific clients and will provide a total, non-cancellable rent revenue for 10 years of approximately $2,300,000 (*This figure excludes colocation revenue upside and inflation escalator terms). The company also completed the sale of twenty-eight (28) towers during the same period.