Tower One (TOWTF) touted as the next boon in tower company investments?
Reported by Blacklisted News:
"There are only 4 publicly-traded cell tower companies on the planet, and Tower One (CNX:TO + OTC: TOWTF) is one of them.
Founded in 2015 and sporting a market cap of just $11.23 million, Tower One is the ONLY small-cap entry point into the industry, period.
The three others are basically in the same business; huge multi-billion-dollar market cap companies. Naturally, the law of large numbers limits how quickly they can grow, and stock prices limit first-in opportunities for investors to make outsized gains.
According to a Mott McDonald study on South America's Cell Tower Investment Opportunity, rapid wireless subscriber growth and heavy investments in LTE rollout make South America a fertile investment opportunity for tower companies."