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United Kingdom

Cellnex Telecom SA (CLNX.MC)

CLNX.MC on Madrid SE C.A.T.S.

21.53EUR
15 Dec 2017
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Thu, Dec 7 2017

BRIEF-Cellnex Gets 100 Mln Euro Loan From European Investment Bank

* SAYS GETS 100 MILLION EURO LOAN FROM EIB TO IMPROVE AND EXPAND MOBILE BROADBAND TELECOMS INFRASTRUCTURE IN SPAIN AND ITALY

BRIEF-Cellnex 9-month net profit down at 33 mln euros YoY

* 9-MONTH REVENUE 579 MILLION EUROS VERSUS 520 MILLION EUROS YEAR AGO

BRIEF-Cellnex wins 4-year contract from Maritime Rescue

* SAYS WINS CONTRACT FROM MARITIME RESCUE FOR GLOBAL MARITIME DISTRESS AND SAFETY SYSTEM IN SPAIN

Fitch: Cellnex Leverage Trajectory Still a Risk Following Alticom Acquisition

(The following statement was released by the rating agency) LONDON, September 04 (Fitch) Fitch Ratings says that Cellnex Telecom S.A.'s potential acquisition of Alticom has a strong long-term operational rationale but the company's leverage trajectory remains a risk to its rating (BBB-/Negative). Cellnex announced it intends to acquire Alticom, a Dutch telecommunication and broadcast tower operator for EUR133 million. The acquisition aims to build on Cellnex's existing presence in the Netherland

BRIEF-Cellnex buys Dutch Alticom to expand 5G capabilities

* BUYS ALTICOM WITH INVESTMENT OF 133 MILLION EUROS PAID WITH CASH IN HAND

BRIEF-Cellnex Telecom H1 net profit down at 19 mln euros

* H1 REVENUE 379 MILLION EUROS VERSUS 338 MILLION EUROS YEAR AGO

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