TBIG’s performance in Q1-2021 was solid, as Top and Bottom Line grew double digits at 12.7% YoY and 16.4% YoY respectively. Hutchison 3 and FREN increased their tower tenancy (30.8% YoY and 27.4% YoY). Potential revenue growth from FREN’s tower tenancy will be reflected in the first semester, after TBIG acquired 3,000 IBST towers in April 2021.
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