Edition:
United States

Cellnex Telecom SA (CLNX.MC)

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

32.60EUR
18 Jul 2019
Change (% chg)

€-0.14 (-0.43%)
Prev Close
€32.74
Open
€32.53
Day's High
€32.99
Day's Low
€32.48
Volume
411,852
Avg. Vol
995,269
52-wk High
€34.23
52-wk Low
€19.38

Latest Key Developments (Source: Significant Developments)

Cellnex Places 850 Mln Euro Convertible Bonds Due In 2028
Tuesday, 25 Jun 2019 02:38pm EDT 

June 26 (Reuters) - Cellnex Telecom SA ::SAID ON TUESDAY AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED CONVERTIBLE BONDS TO BE ISSUED HAS BEEN SET AT 850 MILLION EUROS.BONDS WILL BE ISSUED AT PAR AND WILL MATURE ON JULY 5, 2028.BONDS WILL ACCRUE FIXED INTEREST OF 0.50% PER ANNUM.SAYS INITIAL CONVERSION PRICE OF BONDS IS 57.18 EUROS WHICH REPRESENTS PREMIUM OF 70%.SAYS EFFECTIVE CONVERSION PRICE WILL BE 62.1 EUROS.  Full Article

Cellnex Telecom Says Marco Patuano Resigns As Chairman
Tuesday, 25 Jun 2019 02:26am EDT 

June 25 (Reuters) - Cellnex Telecom SA ::MARCO PATUANO RESIGNS AS CHAIRMAN OF THE BOARD.  Full Article

Cellnex Telecom To Carry Out An Issue Of Senior Unsecured Convertible Bonds For 700 Mln Euros
Tuesday, 25 Jun 2019 01:48am EDT 

June 25 (Reuters) - Cellnex Telecom SA ::TO CARRY OUT AN ISSUE OF SENIOR UNSECURED CONVERTIBLE BONDS FOR 700 MILLION EUROS.AMOUNT MAY BE INCREASED BY ADDITIONAL 150 MILLION EUROS.BONDS WILL MATURE ON JULY 5, 2028.  Full Article

Cellnex Telecom To Pay A Gross Dividend Of 0.0396 Eur/Shr
Thursday, 20 Jun 2019 12:02pm EDT 

June 20 (Reuters) - Cellnex Telecom SA ::TO PAY A GROSS DIVIDEND OF 0.0396 EUROS PER SHARE ON JULY 10.  Full Article

Cellnex Telecom To Acquire 10,700 Sites In France, Italy And Switzerland
Tuesday, 7 May 2019 01:17am EDT 

May 7 (Reuters) - Cellnex Telecom SA ::INFORMS ON ACQUISITION OF ILIAD’S TOWERS IN FRANCE AND ITALY AND OF SALT’S TOWERS IN SWITZERLAND.THREE AGREEMENTS TO ACQUIRE AND DEPLOY UP TO ABOUT 15,000 SITES.TO ACQUIRE A 70 PERCENT STAKE IN ILIAD’S PORTFOLIO IN FRANCE AND 100 PERCENT OF ITS PORTFOLIO IN ITALY.SAYS TO ACQUIRE A 90 PERCENT STAKE IN SALT’S PORTFOLIO AND AGREED DEPLOYMENT OF UP TO 500 SITES IN ABOUT 7 YEARS.UPFRONT CONSIDERATION OF 2 BILLION EUROS (EUR 1.4 BILLION FRANCE + EUR 0.6 BILLION ITALY), CONSIDERING CELLNEX’S ACQUIRED STAKES.BTS PROGRAMS OF UP TO EUR 1.2 BILLION HAVE BEEN AGREED, TO BE DEPLOYED AND PAID FOR IN 2020-2027.EXPECTED ADJUSTED EBITDA OF EUR 410 MILLION UPON COMPLETION OF BTS PROGRAMS (AROUND 7 YEARS).CELLNEX'S SALES BACKLOG WILL GROW BY 18 BILLION EUROS TO 36 BILLION EUROS.CLOSING OF BOTH DEALS EXPECTED IN H2 2019.UPFRONT CONSIDERATION OF 0.7 BILLION EUROS OF SWISS SALT, CONSIDERING CELLNEX’S ACQUIRED STAKE.SAYS IN TERMS OF FUNDING, CELLNEX CURRENTLY HAS ABOUT EUR 1.8 BILLION CASH AND EUR 1 BILLION CREDIT LINES.  Full Article

Cellnex FY Adjusted Ebitda Up At 591 Mln Euros YoY
Friday, 22 Feb 2019 02:03am EST 

Feb 22 (Reuters) - Cellnex Telecom SA ::FY REVENUE 901 MILLION EUROS VERSUS 792 MILLION EUROS YEAR AGO.FY COMPARABLE NET PROFIT 31 MILLION EUROS VERSUS 26 MILLION EUROS YEAR AGO.FY NET LOSS 15 MILLION EUROS VERSUS PROFIT 26 MILLION EUROS YEAR AGO.FY ADJUSTED EBITDA 591 MILLION EUROS VERSUS 500 MILLION EUROS YEAR AGO.SEES FY 2019 EBITDA AT BETWEEN 640 MILLION EUROS AND 655 MILLION EUROS.SEES FY 2019 GROWTH OF RECURRING FREE CASH FLOW OF 10 PERCENT.SEES FY 2019 GROWTH OF DIVIDENDS AT 10 PERCENT.  Full Article

Cellnex Telecom Reaches Deal To Buy Switching Centers From Bouygues Telecom
Friday, 22 Feb 2019 01:52am EST 

Feb 22 (Reuters) - Cellnex Telecom SA ::REACHES DEAL WITH BOUYGUES TELECOM FOR ACQUISITION OF UP TO 62 MOBILE SWITCHING CENTERS AND METROPOLITAN OFFICES.DEAL WITH BOUYGUES TELECOM TO ALSO COVER CONSTRUCTION OF UP TO 88 METROPOLITAN OFFICES AND CENTRAL OFFICES.DEAL AIMS TO ROLL OUT STRATEGIC TELECOM CENTERS READY TO HOST DATA PROCESSING CAPABILITIES CLOSE TO THEIR ORIGIN.  Full Article

Cellnex 9-Month Net Result Turns To Loss Of 26 Mln Euros YoY
Friday, 9 Nov 2018 01:47am EST 

Nov 9 (Reuters) - Cellnex Telecom SA ::9-MONTH NET LOSS 26 MILLION EUROS VERSUS PROFIT 33 MILLION EUROS YEAR AGO.9-MONTH OPERATING INCOME 665 MILLION EUROS VERSUS 579 MILLION EUROS YEAR AGO.9-MONTH ADJUSTED EBITDA 439 MILLION EUROS VERSUS 259 MILLION EUROS YEAR AGO.SAYS 2018 FINANCIAL OUTLOOK CONFIRMED.9-MONTH COMPARABLE NET PROFIT 20 MILLION EUROS VERSUS 29 MILLION EUROS YEAR AGO.  Full Article

Cellnex To Pay Net Dividend Of 0.0535 Euro/Shr
Thursday, 8 Nov 2018 11:43am EST 

Nov 8 (Reuters) - Cellnex Telecom SA ::TO PAY NET DIVIDEND OF 0.0535 EURO PER SHARE ON NOV. 22.  Full Article

Cellnex Q1 Net Result Turns To Loss Of 35 Mln Euros YoY
Friday, 27 Apr 2018 01:53am EDT 

April 27 (Reuters) - Cellnex Telecom SA ::Q1 ADJUSTED EBITDA 101 MILLION EUROS VERSUS 84 MILLION EUROS YEAR AGO.Q1 REVENUE 217 MILLION EUROS VERSUS 189 MILLION EUROS YEAR AGO.Q1 NET LOSS 35 MILLION EUROS VERSUS PROFIT 11 MILLION EUROS YEAR AGO.SAYS 2018 FINANCIAL OUTLOOK REITERATED.  Full Article

CORRECTED-Italy's Benetton family sells minority stake in Cellnex

MILAN, July 11 Italy's Benetton family said on Thursday it had sold an indirect minority interest in Spanish tower group Cellnex to sovereign funds in Abu Dhabi and Singapore.