Operating Summary

RESULTS

Total revenues in 2019 came to 7.30 billion pesos, 5.06 billion of which, or 59.4%, came from tower rental. Floor space rental was transferred completely to the client and represented neither a use nor a source of revenue, and totaled 2.23 billion pesos.

EBITDA during the year was 6.91 billion pesos, for a margin of 95.2%. At the close of the year, the company reported debt of 33.40 billion pesos, and cash of 1.23 billion pesos, which meant a net debt position of 32.16 billion pesos. The net debt/EBITDA leverage ratio was 4.65x.

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