The adjustments set out above are based on the commercial arrangements that have been or are expected to be entered into between Vantage Towers and other members of the Vodafone group, and with Wind Hellas in Greece, and the expected future costs of Vantage Towers, and are subject to potential change. For a description of the basis of preparation of the PF Financial Information, please see "Basis of Preparation" above. The growth potential in the towers sector is fueled by the requirement for data as well as the roll out of 5G technology and new and wider network coverage obligations across Europe. This site is designed to drive best practice by understanding what currently exists, and to assist new projected mobile network deployments. This announcement contains certain summary pro forma financial information of Vantage Towers for the financial year ended 31 March 2020 and for the six months ended 30 September 2020 (together, the “PF Financial Information”) as well as financial information from INWIT. In addition, with its extensive footprint, attractive strategic locations and strong relationships with leading mobile operators, Vantage Towers is well placed to attract new tenants onto its existing towers and to deploy new sites as mobile operators increase their tenancies to meet their coverage and densification requirements. This stake will be equity accounted by Vantage Towers. indoor / outdoor smalls cells, repeater sites, mobile sites and distributable antenna system. The post-demerger financial information has been combined with historical results for the pre-demerger periods in the above markets, and historical results for the full period for Vantage Towers Hungary, Vantage Towers Romania and Vantage Towers Greece. Third party industry publications, studies and surveys generally state that the data contained therein have been obtained from sources believed to be reliable, but that there is no guarantee of the fairness, quality, accuracy, relevance, completeness or sufficiency of such data. EBITDAaL by FY27 (based only on committed tenants at build), representing an attractive incremental return on invested capital, with a high degree of certainty and visibility. The Company will, for the first time, present full operational and financial details as well as the significant growth potential for Vantage Towers and its sector as a whole. All subsequent written or oral forward-looking statements attributable to the Company or any member of the Vodafone Group, including any member of Vantage Towers, or any persons acting on their behalf are expressly qualified in their entirety by the factors referred to above. Adjusted EBITDA is defined as operating profit before depreciation on lease-related right of use assets and interest on leases, depreciation, amortisation and gains/losses on disposal for owned fixed assets, and excluding share of results in associates and joint ventures, impairment losses, restructuring costs arising from discrete restructuring plans, other operating income and expense and significant items that are not considered by management to be reflective of the underlying performance of the Group. Feedback Form for suggestions, compliments and complaints - we welcome your views. Internet of Things, the interconnection of uniquely identifiable embedded computing devices within the existing internet infrastructure. Fixed IP SIM. Searching for Mobile Telecommunication Mast and Basestations Locations. Costs required to run Vantage Towers on a standalone basis. These non-IFRS measures are presented as the Company believes that they and similar measures are widely used in the markets in which it operates as a means of evaluating a company’s operating performance and financing structure.
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