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cellnex driving telecom connectivity Results January - June 2021 Cellnex ends H1 2021 with 47 % growth in revenue and cash - flow , and 53 % growth in EBITDA Updated outlook for revenue , EBITDA and cash - flow in 2021 due to early completion of certain acquisitions press release Completion of the integration of CK Hutchison's assets in Austria , Denmark , Ireland , Italy and Sweden ; integration of Play and Polkomtel Infrastruktura in Poland ; and merger of telecommunications tower business in the Netherlands with DT ● Since January deals announced in France , the Netherlands and Poland , with an associated investment of c . € 9 billion Completion of the acquisition of Hivory in France and the integration of the assets of CK Hutchison in the UK are pending regulatory approval ● Key indicators reflect the Company's continued geographic expansion -after the integrations in 2020 and the beginning of 2021- and the strength of the Group's organic business : ● ● Revenue ¹ of € 1,061m ( vs € 723m in H1 2020 ) ; adjusted EBITDA of € 804m ( vs € 527m in H1 2020 ) ; and recurring levered free cash flow of € 394m ( vs € 267m in H1 2020 ) . Points of Presence ( PoPs ) increased by approximately 95 % , with 7.5 % organic growth including the effect of the roll - out of new sites in this period . Updated outlook for 2021 with revenue of between € 2,535m and € 2,555m ( previous guidance € 2,405m - € 2,445m ) , Adjusted EBITDA of between € 1,910m and € 1,930m ( previous guidance € 1,815m - € 1,855m ) and a recurring levered free cash flow of between € 955m and € 965m ( previous guidance € 905m - € 925m ) . Net debt at 30 June of € 6,566 million . Average maturity of the Company's debt ( drawn debt ) is 7.2 years , the average cost of the drawn debt is 1.6 % , of which 86 % is fixed rate . 1 Corresponds to Operating Income excluding Advances to customers . Please see note 18 a ) in our Interim Consolidated Finan cial Statements ended 30 June 2021 .