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Wireless

Cellnex 9-month revenues up 15% to EUR 520 mln

Friday 28 October 2016 | 08:51 CET | News
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Spanish infrastructure operator Cellnex Telecom reported revenues of EUR 520 million in the first nine months of 2016, up 15 percent on the year-earlier result, and an 18 percent increase in EBITDA to EUR 208 million. Net profit in the year to end September was EUR 35 million, some 84 percent more than the year-early figure of 19 million. By division, telecom sites rental contributed 54 percent of sales at EUR 281 million, while activities in the audiovisual broadcasting networks area contributed 33 percent of revenues, at EUR 113 million, and the company's IoT and smart cities business

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Categories: Mobile & Wireless
Companies: Bouygues Telecom / Cellnex / Protelindo
Countries: Italy / Spain
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