Telecom Castilla La Mancha (CLM) is involved in the long-term rental of towers for telecommunications, broadcasting and transmission of radioelectric signals in the region of Castilla la Mancha, Spain.
Unlike pure infrastructure assets, Telecom CLM’s business is not forecasted to expire at any given date. Its infrastructure is expected to be renewed over time to maintain the company running indefinitely, subject to market dynamics.
Telecom CLM’s network is comprised of 1,038 sites as of 2020. The majority of the sites are located in low density rural areas. The company offers 100% coverage for digital terrestrial television and 99% coverage for radio communications across Castilla La Mancha.
Revenues come primarily from television and radio broadcasting and distribution services and site rental services to the main international mobile operators for the accommodation of their equipment.
Other activities include the operation of the network for emergency services, the provision of broadband services for rural locations and telecommunications advisory.
This asset is one of the top ten investments in its region by total equity investment by Equitix. The information contained in this case study was last updated on 31 October 2021. This information will be reviewed and updated periodically.