Cellnex sees profitability rising in 2020, signs deal with France's Bouygues
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BARCELONA (Reuters) - Spain's Cellnex said on Wednesday it expected its profitability to increase significantly in 2020 after reaching its target in 2019 thanks to an aggressive acquisition strategy and a new partnership with French mobile operator Bouygues. Cellnex now sees its overall earnings before interest, taxes, depreciation and amortization (EBITDA) to grow almost 60% this year to more than 1 billion euros (770 million pounds), up from 686 million euros in 2019.The company had..