New Street Research - Vantage Towers (VTWR GR) (VTWR) New Street: Vantage Towers (Neutral, €33, +17%) Q1 23: Tenancy acceleration still on hold

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New Street Research

James Ratzer

EUR 8824.00 For Business Accounts Only

New Street: Vantage Towers (Neutral, €33, +17%) Q1 23: Tenancy acceleration still on hold

Vantage Towers has reported a steady set of Q1 results, with FY financial guidance re-iterated, but overall tenancy growth in the quarter was below expectations with the BTS programme in Germany continuing to be lacklustre as previously flagged.

21/07/2022 1 EN

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Vantage Towers (VTWR GR)

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New Street Research

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James Ratzer

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New Street: Vantage Towers (Neutral, €33, +17%) Q1 23: Tenancy acceleration still on hold

EU Towers Review Cellnex - Stonepeak deal gives us an opportunity to revisit

EU Towers Are private tower valuations cooling? Downgrade Inwit to Neutral

Vantage Towers (Neutral, €32, -3%) Guidance upgrade, but all eyes on tender result

T-Mobile: Quick thoughts following the 1Q25 call

Comcast Post-1Q25 Model Update

CMCSA: Quick thoughts following the call 1Q25

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