OPERATING
SUMMARY

Results
Revenues totaled 6.76 billion pesos in 2018, 4.53 billion of which, or 67.1%, came from tower rental. Land rent was a passthrough and totaled 2.07 billion pesos.

Telesites generated 4.23 billion in EBITDA during the year, for a margin of 62.5%. At the end of the year, the company reported debt of 22.93 billion pesos, and cash of 966.9 million pesos, which meant a net debt position of 21.96 billion pesos. The net debt/EBITDA leverage ratio was 5.2x.