Aligned with the Company’s roadmap

Barcelona 29 September 2023. Today Cellnex Telecom (“Cellnex” or “the Company”) presented its new organisational structure, aligned with the business strategy announced in November 2022, focused on organic growth and targeting strategic segments.

As a part of this new structure, Cellnex has created  a Strategy department, which will be headed by the former Managing Director of Cellnex France, Vincent Cuvillier, and will lead on business strategy and planning, transformation and market intelligence. The Company has also created the position Chief Operating Officer (COO), which will be assumed by Simone Battiferri, to whom the following areas will report: Commercial; Sales Excellence & Marketing; Innovation, Business Development & Technology; Operational Excellence; and IT Services. Battiferri, who comes from the consultancy firm Digital 360, has extensive experience in the telecommunications sector where he has held numerous positions of responsibility, mainly at Telecom Italia, both in Italy and internationally.

Both functions will report directly to the CEO and will be part of the Company’s Executive Committee, together with the top managers of the Legal department and Secretary of the Board (Virginia Navarro), CFO (to be appointed), People (Yolanda Menal), Public Affairs & Corporate Communication (Toni Brunet) and Regulatory & EU Affairs (to be appointed). The Managing Directors of the main markets in which the company operates (Spain, Alfonso Álvarez; France, Thomas Bertrand; Poland, Santiago Argelich; the United Kingdom, Gianluca Landolina; and Italy, to be appointed) will also be part of the Group’s Executive Committee, as well as those of the two clusters that bring together the rest of the European countries where Cellnex operates: Portugal, the Netherlands and Ireland on the one hand (Nuno Carvalhosa), and Switzerland, Austria, Denmark and Sweden on the other (Axel Majert).

Cellnex CEO Marco Patuano underlined that “this new structure has been designed to enhance and strengthen Cellnex’s growth for the future. It reinforces  our strategic focus, which is combined with our strong customer focus, innovation and technology development, all underpinned by continuous excellence in sales and operations. This organizational evolution will enhance our efficiency, focus, and alignment with our goals and market commitments.

Furthermore, Àlex Mestre, who up to now was Deputy CEO of the Company, has decided to take advantage of the opportunity to join the current Cellnex Telecom pre-retirement plan and will be leaving the Company at the end of this year. With regard to his decision, Marco Patuano wanted to “personally thank Àlex for his enormous contribution to Cellnex in which he has been a fundamental pillar in the construction of the Company we are today, creating and building teams, solid relationships with customers and our reputation in the industry.”

About Cellnex Telecom

The efficient deployment of next-generation connectivity is essential to drive technological innovation and accelerate inclusive economic growth. Cellnex is the independent wireless telecommunications and broadcasting infrastructures operator that enables operators to access Europe’s most extensive network of advanced telecommunications infrastructures on a shared-use basis, helping to reduce access barriers for new operators and to improve services in the most remote areas.

Cellnex manages a portfolio of around 135,000 sites –including forecast roll-outs up to 2030– in Spain, Italy, the Netherlands, France, Switzerland, the United Kingdom, Ireland, Portugal, Austria, Denmark, Sweden and Poland. Cellnex’s business is structured in four major areas: telecommunications infrastructure services; audiovisual broadcasting networks, security and emergency service networks and solutions for smart urban infrastructure and services management (Smart cities and the “Internet of Things” (IoT)).

The company is listed on the continuous market of the Spanish stock exchange and is part of the selective IBEX 35 and EuroStoxx 100 indices. It is also present in the main sustainability indexes, such as CDP, Sustainalytics, FTSE4Good and MSCI. Cellnex’s reference shareholders include Edizione, TCI, GIC, JP Morgan, Blackrock, CPP Investments, CK Hutchison, CriteriaCaixa and Norges Bank.