je.st
news
Tag: cellnex
Cellnex revenues up 15% to over EUR 1 bln in 2019, narrows net loss
2020-02-26 09:20:00| Telecompaper Headlines
(Telecompaper) Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported full-year revenues of EUR 1.035 billion in 2019, up 15 percent on the year-earlier result of EUR 901 million, completing its fifth straight year of double-digit growth. The company's EBITDA rose 16 percent to EUR 686 million and it reduced its net loss for the 12-month period to EUR 9 million from EUR 15 million the year before despite higher amortisations and financial costs associated with the growth of the group and the expansion of its geographical footprint.
A towering success: Cellnex revenue tops 1bn
2020-02-26 01:00:00| Total Telecom industry news
Cellnex, touted as the biggest wireless infrastructure specialist in Europe, has been going from strength to strength in recent months. It has been benefiting from a growing trend throughout Europe that has seen operators, such as Vodafone, Iliad, Telefonica, and Telecom Italia, look to offload their tower infrastructure in favour of quick cash. …read more on TotalTele.com »
Tags: success
revenue
tops
towering