New Fiber Revenue

First Towers and Fiber Corporation Collects First Cash Flow From New Network

First Towers & Fiber Corp. successfully collected its first cash lease payment in August 2026 from its new 200-kilometer fiber build-out, marking the transition from network build-outs to active revenue generation. The second monthly invoice was submitted in August, with cash collection scheduled for September/October 2026. Technical delivery of the network is ahead of Company expectations, with only a few remaining kilometers pending client approval. FTF is now in discussions with the client to secure additional fiber kilometers, positioning the Company to expand its network footprint further. The company's tower portfolio remains a reliable contributor to recurring revenue, with all 28 cellular tower sites 100% active and generating steady recurring lease income. Factors such as changes in domestic and foreign business, market, financial, political and legal conditions could affect actual results or outcomes.