BARCELONA (Reuters) – Spain’s Cellnex, Europe’s largest mobile phone tower operator, reported an 8% hike in adjusted core earnings for 2024 on Wednesday as revenues grew 7.7% to 3.9 billion euros ($4.09 billion) thanks to the deployment of more towers.
Cellnex booked a narrower net loss of 28 million euros from 297 million euros in 2023, with the company saying it was moving closer to breaking even.
($1 = 0.9531 euros)
(Reporting by Joan Faus; Editing by David Latona)