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Telxius revenues up 5.4% to EUR 188 mln in Q1

Thursday 11 May 2017 | 11:45 CET | News
Telefonica's infrastructure subsidiary Telxius reported revenues up 5.4 percent year on year to EUR 188 million in the first three months of the year, with operating income before depreciation and amortisation (OIBDA) coming in at EUR 92 million and the OIBDA margin at 48.9 percent. Telefonica set up Telxius in February 2016 and a year later agreed to sell up to 40 percent of the unit to private equity firm KKR for EUR 1.275 billion. In total, Telxius grew its portfolio with 27 new towers in the quarter, reaching a total of 15,897 at the end of March, with a tenancy ratio of 1.28x.

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Categories: Fixed
Companies: Telefonica / Telxius
Countries: World
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