Tower One Wireless Corp. · OTC:TOWTF
Tower One Wireless — Investor Presentation (May 2022)
29 slides from Tower One Wireless's investor presentation, May 2022
Slide 1: Wireless Infrastructure Presentation 2022
WIRELESS INFRASTRUCTURE PRESENTATION 2022
Slide 2: Why Towers ... Why Tower One
Why Towers ... Why Tower One Attractive class for Real Estate – Infrastructure Investors Niche Business (Only a handful of Tower Co’s in each market) Built to Suit (BTS) Focus vs Majors who focus on M&A Only Small Cap entry into Asset Class Positioned for growth with secured financing in excess of U
Slide 3: Rapidly Creating a Platform for Growth
Rapidly Creating A PLATFORM FOR GROWTH Towers Built Accumulative Towers in Operation Revenue CAD 12000000 300 357 200 10000000 $10.687.626 322 239 250 $9.126.082 204 8000000 150 200 6000000 150 162 100 119 $5.413.594 141 93 100 4000000 80 50 80 50 2000000 6 14 14 6 $200.498 $1.556.742 0 0 $19.403 20
Slide 4: Rapidly Creating a Platform for Growth
Rapidly Creating A PLATFORM FOR GROWTH 2015 COLOMBIA 2017 ARGENTINA Incorporation of Acquisition of 2020 EVOTECH Tower 3 S.AS Open Tower Three Wireless del Ecuador 2018 PTI 2017 CANADA 2015 - 2017 DEV deal PTI 2020 - 2022 20 MM USD IPO CSE Opened 3 Countries Secured USD 40MM Facility - Family Office
Slide 5: Tower History & Landscape Central & Latin America
Tower History & Landscape Central & Latin America Estimated CALA tower count by Country Panama Bolivia 2,211 4,554 Costa Rica Gutemala 4,255 6,571 Chile Caribbean Argentina Peru Colombia Mexico Brazil 9,445 11,000 14,512 14,741 17,943 36,258 67,903 El Salvador Ecuador 2,850 5,930 Nicaragua Paraguay
Slide 6: Tower History & Landscape - CALA's top towercos Q4 2021
Tower History & Landscape - Central & Latin America CALA’s top towercos Q4 2021 Telesites SBA Communications [3] 18,875 15,066 Andean Telecom Mexico Tower Partners Partners 3,030 3,000 Highline 5,000 Innovatel/ Torrecom Torresec Phoenix Tower International [4] 1,245 1,093 8,754 20+ towercos QMC Tele
Slide 7: Build Experience
BUILD EXPERIENCE TOWERS BUILT TOWERS IN OPERATION Colombia (253) 2% 68% 6% Mexico (51) Colombia (221) Argentina (59) Mexico (14) 14% Ecuador (4) Ecuador (4) 92% 1% 17% TOTAL : 239 Towers TOTAL : 357 Towers TENANTS PER TOWER TENANTS PER TOWER (In Service) ALTAN R E D E S 1% 5% ALTAN 5% 3% 1% Colombia
Slide 8: Our Sites
LOREM IPSUM IS SIMPLY DUMMY THE PRINTING AND WORK OUR SITES * Some examples of existing towers installed and managed by Tower One Wireless 7
Slide 9: Cellular Tower Sites & Cell Sites Overview
Type of Construction Celullar Tower Sites & Cell Sites Overview Antenna Heights and Technology +30 Mts 2G +27 Mts MMOO +24 Mts +21 Mts 3G Green Field RoofTop Monopole +18 Mts 4G Disguise Camouflage Poles 8
Slide 10: Recurring, Long-term Rent with High Quality Tenants
9 Recurring, Long-term Rent with High Quality Tenants Typical Asset Lease Structure !Contract Type Non-cancellable Initial Term 10 years Renewal Options Multiple, 5 year options Escalator !Based on local inflation rate Pass Through Expenses Ground rent, utilities & taxes(3) Initial TCF Yields ~ 11%
Slide 11: How We Do It
HOW WE DO IT Site acquisition ( 0 – 30 days) (Starts Day 1) With an assigned search ring by one of our customers, we look into options in that area. This search ring is a GPS coordinate with a radius and height requirement by MNO. We find alternatives and negotiate terms for leasing the land, a roof
Slide 12: Tower One Wireless Introduction
TOWER ONE WIRELESS INTRODUCTION 11
Slide 13: About Tower One Wireless
ABOUT On March 23, 2018, the Company acquired 90% of the issued and outstanding TOWER ONE WIRELESS share capital of Comercializadora Mexmaken S.A de C.V, a Mexican-based pri- vate tower company. which owns, builds and leases cellular towers to the tele- com industry in Mexico, and has a Master Lease
Slide 14: Experienced Management Team
Experienced Management Team Management has built thousands of towers in focus markets and scaled business successfully Alejandro Ochoa Luis Parra Juan Pablo Laspeñas Founder & CEO COO CFO Deep relationship with major MNOs and local municipali- Vast BTS tower experience in Tower One’s Vast Finance an
Slide 15: Key Stats
TOWER ONE INTRODUCTION TowerOne is an owner / operator of wireless infrastructure focused on Colombia and Mexico. The Company focuses solely on a Build-to-Suit (“BTS”) strategy for Mobile Network Operators (“MNOs”) in the regions it serves BTS means a long-term site lease is in hand before construct
Slide 16: Highly Attractive Tower Model
Highly Attractive TOWER MODEL MNO´s ($ in USD) One Tenant Two Tenants Three Tenants Illustrative BTS Economics Cost to Build Tower $ 105.263 -- -- Tenant Rent $ 12.632 $ 23.368 $ 34.105 Tower Site Expenses (1.011) (1.011) (1.011) Tower Cash Flow (TCF) $ 11.621 $ 22.358 $ 33.095 TCF Margin % 92% 96%
Slide 17: Highly Attractive Tower Model
Highly Attractive TOWER MODEL Many tower companies acquire existing sites at prices 2-3x the cost to build Tower One is focused on a BTS strategy that has higher returns One build with a secured anchor tenant. (No spec towers) ($ in USD) Build-to-suite Acquisition Reasonable Illustrative BTS Economi
Slide 18: Value Creation
VALUE CREATION (For illustration purposes) E.V. Creation Illustration Multiple Tower Count ($ in USD) 17,0x 19,0x 21,0x 23,0x Tower Rent Initial Rent $ 12.632 $ 12.632 $ 12.632 $ 12.632 New Tenant n.a n.a n.a n.a Tower Rent $ 12.632 $ 12.632 $ 12.632 $ 12.632 Tenants 1,00 1,00 1,00 1,00 Tower Level
Slide 19: Latin America Tower Equity Value Creation
Latin America Tower Equity Value Creation The following is an illustration prepared by management of how equity value is created under the BTS model Assumptions - ($ in USD) Equity Value Creation Illustration End of year Cost to Build Tower $ 105.263 ($ in USD) Initial 1 2 3 4 5 Tower Rent Initial T
Slide 20: Projected Leasing Revenue and Tenants per Tower
Rental revenue from MNOs as anchor or Backlog of 400 Towers colocation tenats Rate at which new colocation Leasing Rent escalator based on CPI Colocation tenant is added to tower New Tower Typically takes 3-4 months from award to build and Revenue Typical lease term is 10 years or more (multiple ren
Slide 21: Tower Transactions Latin America
Tower Transactions LATIN AMERICA DATE BUYER SELLER # TOWERS COUNTRY PRICE (Million) PRICE/TOWER TCF MULTIPLE 2021 IHS Towers Skysites 1000 Brazil - - NA 2021 IHS Towers Centennial Towers 819 Brazil & Colombia - - NA 2021 Highline Oi 637 Brazil - - NA 2020 Telxius Telefónica 1909 Brazil $151 $79,099
Slide 22: Latin America Industry Overview
LATIN AMERICA INDUSTRY OVERVIEW 21
Slide 23: Mexico, Colombia & Ecuador
MEXICO COLOMBIA & ECUADOR Tower One is Focused on the Predictable BTS Markets in Latin America Mexico Demographics: Telecom Data: Population ……………. 125M 3,500 subscribers per site (vs.1,200 in U.S) Land Area km 2……….. 2.0M 4,900+ towers annually needed GDP (PPP) ……………… $1.1T C$14B MNO CapEx spend (2
Slide 24: Colombia
Tenant Overview Market Cap Market Build Tenant MLA Status (1) Share Activity n.a. 3% Signed Colombia $51B (2) $44B 47% 25% (4) Signed Signed $6B (3) 25% Signed $49B (3) <1% Signed New Tower Site Demand Figures 3,600 users per site (1,200 in U.S.) 1,400 towers annually needed $6B mobile carrier CapEx
Slide 25: Mexico
Tenant Overview Tenant Market Cap (1) Market Share Build Activity MLA Status (2) n.a. n.a. Signed Mexico $226B 13% Signed $44B 21% Not Signed (3) $51B 66% Not Signed New Tower Site Demand Figures 3,500 users per site (1,200 in U.S.) 4,900 towers annually needed $11B mobile carrier CapEx spend (2016-
Slide 26: Ecuador
Tenant Overview Tenant Market Cap (1) Market Share Build Activity MLA Status Ecuador $44B 30%. Not Signed N/A 17% Not Signed $58B 53% Not Signed New Tower Site Demand Figures 4,200 users per site (1,200 in U.S.) 400 towers annually needed $2B mobile carrier CapEx spend (2016-2020) Key Catalysts & De
Slide 27: Private Equity Firms Latin America
Private Equity Firms LATIN AMERICA Historical PE-Backed Tower Companies Participating in LatAm’s Growth Opportunity Sponsor Tower Company Countries Central America and Colombia (Sold ATP ) Chile, Peru and Colombia (Sold AMT ) Brazil Mexico, Colombia and Brazil Brazil (Sold) Colombia, Mexico and Nica
Slide 28: Capitalization and Listing Information
Listing date: Thursday, January 26, 2017 Transfer Agent: Computershare Investor Services Inc. Email: [email protected] Auditor: Smythe CPA Address: 5301 NW 74 Ave, FL 33166, Miami, USA Phone: 917-546-3016 Email: [email protected] Website: https://www.toweronewireless.com/ CAPITALIZAT
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