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Wireless

Cellnex FY revenues up 15% to EUR 707 mln, EBITDA up 23%

Friday 17 February 2017 | 09:17 CET | News
Spanish operator Cellnex Telecom reported full-year revenues of EUR 707 million for 2016, up 15 percent on the year-earlier result of EUR 613 million, as the company expanded its international presence from 2 to 5 countries. The operator's adjusted EBITDA rose 23 percent to EUR 290 million from EUR 235 million in 2015, with net income coming in at EUR 40 million, 16 percent lower than a year earlier due to changes in tax legislation in Italy. Without this impact, the company's comparable net income would have increased 38 percent, said Cellnex. At 31 December Cellnex Telecom had a total of

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Categories: Mobile & Wireless
Companies: Bouygues Telecom / Cellnex / JCDecaux
Countries: Europe / Spain
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