FSITES

FSITES began 2021 with a portfolio of 7,071 revenue-generating sites, including the 480 towers contributed by Opsimex on December 29, 2020 through a capital increase in which other holders of the Trust contributed contributed 692 million pesos.

On April 20, 2021, FSITES launched a second capital increase, in which Opsimex contributed 2,800 additional sites while the other holders of the Trust contributed another 4 billion pesos. These additional sites began generating revenues for FSITES in May 2021.

Another 1,812 sites were added to FSITES’s tower portfolio in 2021, 958 of which were acquired in December and the rest were built over the course of the year. At the end of the year, FSITES had a tenancy ratio of 1.275 rents per tower.