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Cellnex buys yet more towers, this time from Poland's Play
2020-10-23 02:00:00| Total Telecom industry news
2020 has been a big year for Cellnex, a company which has been on a relentless mission to acquire towers to expand its infrastructure empire. At the start of 2020, the company counted some 36,500 sites in eight European countries among its portfolio. Fast forward to today and Cellnex is making a deal with Poland’s Play that will see the operator double that figure…read more on TotalTele.com »
Infrastructure giant Cellnex to launch IoT networks with Everynet tech
2020-10-05 02:00:00| Total Telecom industry news
Cellnex have today announced their partnership with IoT specialist Everynet to deploy LoRaWAN technology across their infrastructure network in Italy, the UK and Ireland. It goes without saying that the IoT is a rapidly growing area of technology with huge economic potential; estimates suggest that the global IoT market is currently valued at around $248 billion…read more on TotalTele.com »
Tags: tech
networks
launch
infrastructure
Cellnex in EUR 4 bln capital hike to fund 'up to EUR 11 bln' of new acquisitions
2020-07-23 09:12:00| Telecompaper Headlines
(Telecompaper) Spanish operator Cellnex Telecom said its board of directors agreed to execute a new capital increase amounting to EUR 4 billion at the company's recent general shareholders' meeting. In a statement to Spain's securities market regulator CNMV, the Spanish operator confirmed that the proceeds from the capital hike will be used to bolster the company's own resources in order to undertake new expansions of its European infrastructure portfolio.
Cellnex revenues up 48% to EUR 723 mln in H1, lifts FY guidance
2020-07-21 09:22:00| Telecompaper Headlines
(Telecompaper) Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported revenues of EUR 723 million in the first half of 2020, up 48 percent year on year, with EBITDA rising 64 percent to EUR 527 million thanks mainly to the series of acquisitions made in 2019 in France and Italy (Iliad), Switzerland (Salt), the UK (BT), Ireland (Cignal) and Spain (Orange), as well as the purchase of OMTEL in Portugal, which closed in January. The financial costs of these investments and higher amortisation prompted a net loss of EUR 43 million in the same period, up from EUR 30 million in the first three months of 2020, a negative result that's expected to continue "in the coming quarters", said Cellnex.
Tags: eur
guidance
revenues
lifts
Cellnex, Lenovo, NearbyComp launch edge computing system for MNOs
2020-06-11 14:29:00| Telecompaper Headlines
(Telecompaper) Spanish infrastructure operator Cellnex Telecom has teamed up with Lenovo and Nearby Computing to launch edge computing solutions based on Intel technology to enable smart network edge management as a service for telecommunications operators, large corporations or public entities. The aim is to help MNOs improve performance while allowing significant savings in their networks and enabling new revenue streams by driving substantial parts of the existing and future data traffic to the network edge. As a result, existing networks can reduce the expected traffic load, improve performance and optimise backhauling costs, said Cellnex.
Tags: system
edge
computing
launch