EuroTeleSites AG (7YF)

Profile

https://eurotelesites.com

EuroTeleSites AG is a leading independent tower company (TowerCo) specializing in telecommunications infrastructure across Austria and five Central and Eastern European countries: Bulgaria, Croatia, Slovenia, North Macedonia, and Serbia. Incorporated in 2023 and headquartered in Vienna, Austria, it operates approximately 13,700 to 14,000 telecom sites, leasing space to mobile network operators for antennas, radio equipment, air conditioning, and access systems. The company provides comprehensive services including colocation management, maintenance of structures, security, energy systems, built-to-suit upgrades, alternative energy supply, and support for electromagnetic field communications with authorities. Serving mobile network operators, internet service providers, enterprises, and government agencies, EuroTeleSites AG benefits from long-term leases with inflation escalators, driving stable revenues amid rising data demand and 5G rollout. As a subsidiary backed by América Móvil (57% ownership) and ÖBAG (28%), it employs 182 professionals from 12 nationalities, emphasizing sustainability, local expertise, and quality to build Europe's digital infrastructure. In FY 2024, it reported €270.2 million in revenue and €151.3 million EBITDAaL, with investment-grade ratings from Moody's (Baa2) and Fitch (BBB-).