Mediacenter
- 02 Dec 2015
- ·
- Events
Cellnex Telecom wins TMT Finance World Congress & Awards 2015
Cellnex Telecom wins TMT Finance World Congress & Awards 2015
London, 2 December 2015.- Cellnex Telecom (CLNX), Europe’s leading independent operator of wireless telecommunications infrastructures, has been awarded the 2015 “Telecom IPO of the Year” at the TMT Finance World Congress Awards 2015.
Cellnex Telecom received the “IPO of the Year” award after the success of its IPO last May, in which a 66 % stake in the company was placed at an initial price of € 14. Shares are currently trading at around € 17.
The company was also nominated for the “Telecom Infrastructure Deal of the Year 2015” award for the purchase of a package of 7,377 towers from Wind in Italy for € 693 million. Following the operation, Cellnex Telecom now controls 90% of Galata, the company it acquired in the transaction.
TMT Finance World Awards nominees are chosen each year by readers of TMT Finance News, the world’s leading source of news on telecoms activity financing, and are selected by an independent jury of industry experts, consultants and bankers.
Editor’s Note
About Cellnex Telecom
Since it acquired the portfolio of telecommunications towers from WIND in Italy last March, Cellnex Telecom has become Europe’s leading independent operator of wireless communications infrastructure, with a total portfolio of 15,140 towers.
Cellnex classifies its activities into three areas: Mobile telephony infrastructures; audiovisual broadcasting networks; and solutions for security and emergency service networks, smart cities and the Internet of Things (IoT).
In 2014, company turnover was € 436 million and gross operating profit (EBITDA) stood at € 178 million. 57% of total revenue was generated by broadcasting infrastructure (€ 250.35 million); 24% by mobile telephony infrastructures activity (€ 106.5 million) and 18% by network services activity (€ 79.16 million).
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