Whatever your feelings about Brazillian President Jair Bolsonaro, his plan to increase total infrastructure investment through partnerships or privatization seems to be bearing fruit. The Brazil government’s plan to boost the economy through doubling investment in infrastructure to approximately $65 million has drawn some attention from companies sniffing out ways to pad out their bottom line.
For the uninitiated, a tariff is just a protectionist tax. Leaders of countries like the United States, seemingly disturbed by the disparity in the amount of goods bought vs good sold from places like China, impose tariffs as a way of discouraging importers from buying, say, Chinese instead of American.
Tower One Wireless (TO.C) expanded its market share when the company announced today that one of its Argentinian subsidiaries had secured a letter of intent (“LOI”) with a major mobile operator for a Master Lease Agreement (“MLA”).
I’ve seen this before. A solid company doing good B2B business in the tech space, delivering results for much larger companies, growing and doing all the right things, but with a stock seemingly unable to get above water to take in a breath.