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  • 01 Dec 2022
  • ·
  • Finance

Cellnex receives award for best practices in financial reporting

The award, granted by the Catalan Association of Accounting and Management (ACCID), recognises the quality and transparency of the company’s financial information.

Barcelona, 1 December 2022 – Cellnex Telecom has received an award for best practices in financial reporting, granted annually by the Catalan Association of Accounting and Management (ACCID), an entity founded by the Association of Economists of Catalonia and the Association of Chartered Accountants of Catalonia.

The award, presented yesterday at the 19th ACCID Awards, recognises the quality and transparency of the company’s annual report. Specifically, it evaluates information on risks and risk management, intangible assets –including intellectual capital–, the environment, social affairs and more.

About Cellnex Telecom

The efficient deployment of next-generation connectivity is essential to drive technological innovation and accelerate inclusive economic growth. Cellnex Telecom is the independent wireless telecommunications and broadcasting infrastructures operator that enables operators to access Europe’s most extensive network of advanced telecommunications infrastructures on a shared-use basis, helping to reduce access barriers for new operators and to improve services in the most remote areas.

Cellnex manages a portfolio than 138,000 sites –including forecast roll-outs up to 2030– in Spain, Italy, the Netherlands, France, Switzerland, the United Kingdom, Ireland, Portugal, Austria, Denmark, Sweden and Poland. Cellnex’s business is structured in four major areas: telecommunications infrastructure services; audiovisual broadcasting networks, security and emergency service networks and solutions for smart urban infrastructure and services management (Smart cities and the “Internet of Things” (IoT)).

The company is listed on the continuous market of the Spanish stock exchange and is part of the selective IBEX 35 and EuroStoxx 100 indices. It is also present in the main sustainability indices, such as Carbon Disclosure Project (CDP), Sustainalytics, FTSE4Good and MSCI. Cellnex’s reference shareholders include Edizione, GIC, TCI, BlackRock, CPP Investments, CriteriaCaixa and Norges Bank.

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