Cellnex Telecom, a Spanish operator of terrestrial TV and radio transmitter networks (DTT), wants to expand to further countries including France, Germany and the UK.
This was announced by CEO Tobías Martínez during the presentation of the 2015 annual report. “The company does not rule out shopping, especially in France, Germany and the UK, if any opportunity arises, but none is pending,” Martínez said.
Cellnex Telecom announced its full year results for 2015, the first since its transition from Abertis Infraestructuras to an independent company, following its May 7, 2015 IPO.
Key influencing factors versus 2014 is composed of the broadcast termination of nine TV channels in Spain in May 2014 and the consolidation of the 7,377 towers acquired from WIND in Italy in the second quarter of 2015.
Martínez also said: “the progression of the company’s business areas have lived up to expectations. We have met significant challenges such as the integration of Galata in Italy, our IPO along with increased demands on cost and operations management. Spain’s DTT channels were fewer during 2015, and we anticipate 1.75 multiplexes linked to 6 new channels to be operational and served by Cellnex as signal carrier in April. Against this backdrop, Cellnex has again demonstrated the resilience of its business model and closes its first financial year on a positive note.”
