Cellnex Telecom
Categories
#816
Rank
$24.72B
Marketcap
Spain
Country
Mr. Lluis Deulofeu Fuguet (Sr. Advisor & Pres of the Cellnex Foundation)
Mr. Jose Manuel Aisa Mancho (Chief Financial Officer)
Technology
Media and Communications
Summary
Cellnex Telecom, S.A. operates infrastructure for wireless telecommunication in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland. It operates through three segments: Telecom Infrastructure Services, Broadcasting Networks, and Network Services and Others.
The company offers co-location services in its infrastructure for mobile operators to install telecommunications and wireless broadcasting equipment; distributed antenna systems and small cells, a network of spatially separated antenna nodes connected to a common source through a transport medium that provides wireless services. It also provides broadcasting network services, including digital terrestrial television (DTT), hybrid DTT, satellite DTT services, and premium DTT services; FM and digital radio services; and internet media services, such as online multiscreen video solutions, online business support solutions, and content distribution services.
In addition, it offers data transportation services comprising satellite transportation, digital terrestrial circuits, Amazon direct connect, and internet throughput services; security and control services, which include security and emergency networks, terminals, forest fire early warning systems, and control centres; and smart communication networks, including wireless broadband, irrigation management services in rural settings, and Internet of Things services.
Further, it offers smart services for city management; engineering/consulting, and operation and maintenance services; and constructs and operates optic fibre telecommunications. The company serves mobile network operators, broadcasters, and administrations. The company was formerly known as Abertis Telecom Terrestre, S.A.U. and changed its name to Cellnex Telecom, S.A. in April 2015. Cellnex Telecom, S.A. was incorporated in 2008 and is headquartered in Madrid, Spain.
History
In 2000, Access Telecom acquired 52% of Tradia and merged into Abertis Telecom. Three years later, after Auna was spun-off, Retevisión's audiovisual business became part of Abertis Telecom. In 2005, the deployment of Digital Terrestrial Television began in Spain, with a network that reached 80% population coverage carrying out the first tests in Madrid, Barcelona, Valencia, Zaragoza and Gijón. In 2006, the company was awarded the contract by which it became the operator of DTT signals for Spanish broadcasters with national coverage.
In 2010, the “Analogue Blackout” occurred in Spain, after the complete digitization of the Abertis Telecom network of centres. Between 2012 and 2013, the company acquired more than 2,500 telecommunication towers from Telefónica and Yoigo and laid the foundations for its future position as a neutral operator. In 2014, it acquired TowerCo, an Italian telecommunications operator, which manages the mobile phone towers located in the entire motorway network of Italy, thus initiating the process of internationalization. That same year it deployed the first Internet of Things network in Spain with Sigfox technology.
Cellnex Telecom is the name which the company Abertis Telecom was renamed to prepare for its IPO. The company, a subsidiary of the Abertis company, officially changed its name on April 1, 2015, after being approved at the shareholders' meeting that took place on March 23, 2015. On April 24, it was made public that the company would debut on the stock market on May 7 of the same year, at a price that would range between 12 and 14 euros per share, estimating a market capitalization between 2.8 and 3.2 billion euros.
With the IPO of Cellnex Telecom, Abertis fulfilled one of the main objectives of the Strategic Plan 2015–2017, with which it intended to value its telecommunications business and obtain resources to invest in the growth and international expansion of its highway division. The telecommunications subsidiary of Abertis marked its first crossing at 15.5 euros at the ringing of the bell that took place at 11 a.m. on May 6, 2015, on the Madrid Stock Exchange. The company's shares rose more than 10% in its first session, to 15.41 euros. Subsequently, its price fell slightly from those 15.5 euros. Cellnex marked an intraday minimum of 15 euros and a maximum of 15,695 euros.
The IBEX 35 Technical Advisory Committee, after the first ordinary review of the committee on Thursday, June 9, 2016, announced the departure of Sacyr and OHL from the index and its replacement by Cellnex Telecom and Viscofan. These changes happened on June 20, 2016. The index was adjusted at the close of the session on June 17.
Mission
“As an independent infrastructure operator, our goal is to create an efficient, neutral, quality telecommunications platform with innovative management to drive digitalisation in Europe.”
Vision
“We aim to create value for society, our customers, shareholders and every stakeholder group through an ethical attitude based on tolerance, respect and cooperation in Environmental, Social and Governance (ESG) matters.”
Key Team
Mr. Sergio Tortola Perez (Global Operations Director)
Mr. Juan Jose Gaitan Mañoso (Head of Investor Relations)
Mr. Jose María Miralles Prieto (Gen. Counsel - Legal & Regulatory Affairs)
Ms. Yolanda Menal Martinez (Global People Director)
Mr. Antoni Brunet Mauri (Corp. & Public Affairs Director)
Mr. Alexandre Mestre Molins (Deputy Chief Exec. Officer)
Mr. Sergio Martínez Pie (Head of Internal Audit & Risk Control)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Cellnex
https://www.crunchbase.com/organization/cellnex-telecom-sau
https://sec.report/CIK/0001710727
https://finance.yahoo.com/quote/clnx.mc/
https://www.comparably.com/competitors/cellnex-telecom-vs-tower-vision
https://companiesmarketcap.com/largest-companies-by-revenue/
https://pitchbook.com/profiles/company/119245-33
https://www.globaldata.com/company-profile/cellnex-telecom-sa/
https://www.reuters.com/markets/companies/CLNX.MC/
Mr. Lluis Deulofeu Fuguet (Sr. Advisor & Pres of the Cellnex Foundation)
Mr. Jose Manuel Aisa Mancho (Chief Financial Officer)
Technology
Media and Communications