Strong Revenue and Growth
Revenue for Q3 2025 came in at $455 million, with constant currency revenue growth of almost 9% driven by CPI escalators, colocation lease amendments, and new sites.
Increased Adjusted EBITDA
Adjusted EBITDA was $261 million with a margin of 57.5%, an increase of over 6% reflecting ongoing commitment to cost control and driving profitability.
Significant ALFCF Growth
Adjusted Leverage Free Cash Flow (ALFCF) increased by more than 80% year on year to $158 million.
Deleveraging Success
Consolidated net leverage ratio reduced to 3.3 times, down 0.6x year on year, supported by the initial $175 million proceeds from the Rwanda disposal.
Brazil Market Expansion
Expanded partnership with TIM in Brazil, planning to build up to 3,000 new sites, highlighting significant growth potential in the LATAM segment.
Positive Macroeconomic Trends in Key Markets
Encouraging trends in Nigeria with naira appreciation and in Brazil with currency strength and high telecom sector growth.