Cellnex FY revenues up 6% to EUR 4.2 bln, net loss widens on restructuring costs
Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported revenues up 5.8 percent to EUR 4.2 billion in 2025, attributed to new sites and co-locations as well as contractual escalator clauses. The company's free cash flow accelerated to EUR 350 million, compared to EUR 328 million a year earlier, thanks to solid recurring cash generation and lower capital intensity. However, net losses widened to EUR 361 million, compared to EUR 28 million in 2024, reflecting the one-off impact of i