in Spain with Sigfox technology. IPO Cellnex Telecom is the name which the company Abertis Telecom was renamed to prepare for its IPO. The company, a subsidiary of the Abertis company, officially changed its name on April 1, 2015, after being approved at the shareholders' meeting that took place on March 23, 2015. On April 24, it was made public that the company would debut on the stock market on May 7 of the same year, at a price that would range between 12 and 14 euros per share, estimating a market capitalization between 2.8 and 3.2 billion euros. With the IPO of Cellnex Telecom, Abertis fulfilled one of the main objectives of the Strategic Plan 2015–2017, with which it intended to value its telecommunications business and obtain resources to invest in growth and international expansion of its highway division. The telecommunications subsidiary of Abertis marked its first crossing at 15.5 euros at the ringing of the bell that took place at 11 a.m. on May 6, 2015, on the Madrid Stock Exchange. The company's shares rose more than 10% in its first session, to 15.41 euros. Subsequently, its price fell slightly from those 15.5 euros. Cellnex marked an intraday minimum of 15 euros and a maximum of 15,695 euros. Joining the IBEX 35 The IBEX 35 Technical Advisory Committee, after the first ordinary review of the committee on Thursday, June 9, 2016, announced the departure of Sacyr and OHL from the index and its replacement by Cellnex Telecom and Viscofan. These changes happened on June 20, 2016. The index was adjusted at the close of the session on June 17. Divisions Cellnex Telecom is present in four different areas: Telecommunications Infrastructure Services: The company has more than 24,000 locations and offers a set of services aimed at ensuring the conditions for a reliable transmission for the broadcasting of content Audiovisual broadcasting networks: Cellnex offers DTT and radio coverage to 99% of the population in Spain Smart Cities, IoT & Security: The company has deployed the first Internet of Things (IoT) network in Spain, with Sigfox technology and coverage of 95% of the population. Likewise, Cellnex Telecom designs, deploys and operates networks that guarantee communications to security and emergency bodies, fleets of forest guards, civil protection and firefighters, among others. DAS & Small Cells: Cellnex Telecom facilitates broadband connectivity through DAS (Distributed Antenna System) and “small cells” systems for those