Mr. Alejandro Ochoa reports

TOWER ONE WIRELESS ANNOUNCES TWENTY TOWERS COMPLETED - ADDITIONAL NON-CANCELLABLE RENT OF $ 2,989,388

Tower One Wireless Corp. has provided a construction update for the month of June, 2023.

During the month of June, the company completed 20 new towers: five towers in Ecuador and 15 towers in Colombia, with a total of 52 towers under construction in these specific countries, as well. These towers are built to suit specific clients and will provide a total, non-cancellable rent revenue for 10 years of approximately $2,989,388 (excluding co-location revenue upside and inflation escalator terms).

Tower One continues to support the efforts to deploy efficient telecommunications networks which lead to more connected and serviced communities across Latin America. Deploying new infrastructure to provide mobile Internet coverage has a direct effect in reducing the digital gap of users and communities, ensuring inclusion and improving economic development.

A copy of the construction report for the month of June, 2023, can be found at the company's website.

About Tower One Wireless Corp.

Tower One's principal business is to build, own and operate multitenant wireless telecommunications infrastructure in Latin America. Tower One leases space on its towers to mobile network operators. The company is focused on the build to suit tower industry whereby a long-term lease is secured with a tenant prior to building a tower. The company owns and operates 397 towers in some of the largest Spanish-speaking countries in Latin America (Colombia, Ecuador and Mexico), with a combined population of approximately 190 million people.

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