Results
Revenues in 2017 totaled Ps. 5.85 billion, of which Ps. 3.81 billion, or 65.1%, came from tower rentals. Land rental results are transferred fully to the client and do not entail the use of cash or receipt of revenues, which totaled Ps. 1.85 billion in the year.
EBITDA resulted in a margin of 59.5%, and totaled Ps. 3.48 billion. At the end of 2017, the Company reported debt totaling Ps. 22.48 billion, and a net cash position of Ps. 561.5 million. The result was a net debt of Ps. 21.92 billion. The leverage ratio (net debt/EBITDA) was equivalent to 6.3x.
EBITDA
EBITDA (Ps. million) 
EBITDA margin (%)
Total revenues (Ps. million)
Tower revenues Land revenues Other revenues
Debt
Total debt (Ps. million) Net debt (Ps. million) Leverage
* Revenues in 2015 include Ps. 438.1 million in non-recurring revenues resulting from a change in the estimated reserve for asset retirement.
