The telecommunications industry is highly competitive, and clients demand constant improvements. Telesites remains at the forefront of this industry with a multi-disciplinary team that is constantly seeking ways to innovate its site designs, lowering investment and maintenance costs for Telesites and providing more efficient structures for our clients. It also continually seeks out ways to improve methods in the steel immersion, assembly and groundwork processes, which means corrective maintenance is required much less frequently.

• 96% mobile penetration in Mexico vs. ~111% in Latin America*
• EBITDA grew 10.93% in the year, with a margin of 94.7%
• Growth of 5.37% in the portfolio of new towers integrated into revenues (922 new towers in Mexico and 5 in Costa Rica)
• Tenancy ratio of 1.185

*Source: IFT, September 2020