Cellnex Telecom, S.A. (CLLNY)
Cellnex Telecom, S.A. operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Madrid, CT, ES. The stock last traded at $13.64, down 0.73% on the session, giving a market capitalisation of $36.19B. On trailing twelve-month figures it carries a trailing P/E of -46.57, a net margin of -7.3%. Its beta of 1.18 implies it has historically moved more than the broad market.
Cellnex Telecom, S.A. is a prominent European operator of wireless telecommunication infrastructure, maintaining a significant presence across twelve countries: Austria, Denmark, France, Ireland, Italy, the Netherlands, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Its business is structured around three core divisions: Telecom Infrastructure Services, Broadcasting Networks, and a segment encompassing Network Services and Other offerings. Within its Telecom Infrastructure Services, Cellnex facilitates co-location for mobile network operators, allowing them to house their telecommunications and wireless broadcasting equipment on its existing sites. It also deploys and manages advanced distributed antenna systems (DAS) and small cells, which are networks of interconnected, geographically dispersed antenna nodes designed to enhance wireless service coverage and capacity. The Broadcasting Networks segment delivers a comprehensive suite of services, including various forms of digital terrestrial television (DTT) – such as hybrid, satellite, and premium DTT – alongside traditional FM and modern digital radio services. Additionally, it extends its reach into internet media, offering solutions like online multiscreen video platforms, digital business support tools, and content distribution networks. Under its Network Services and Other segment, the company provides diverse offerings. These encompass robust data transportation services, featuring satellite links, digital terrestrial circuits, direct Amazon connections, and general internet throughput. It also specializes in critical security and control solutions, developing emergency networks, secure terminals, early warning systems (e.g., for forest fires), and command centers. Furthermore, Cellnex is active in smart communication networks, delivering wireless broadband, IoT (Internet of Things) solutions, and even specialized services like rural irrigation management. Its portfolio extends to smart city initiatives, comprehensive engineering and consulting, operational and maintenance services, and the construction and management of fiber optic telecommunication networks. Its clientele primarily consists of mobile network operators, broadcast media companies, and governmental administrations. Originally founded in 2008 as Abertis Telecom Terrestre, S.A.U., the entity rebranded to Cellnex Telecom, S.A. in April 2015. The company maintains its corporate headquarters in Madrid, Spain.
Cellnex Telecom, S.A. is most often compared with the following Communication Services names: