Thanks good Mark and evening everyone.
strong in you operating the heard, solid rest a quarter Activities had years. we and for start of a financial to the XXXX the As year couple of for first results. and next foundation with the provides
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to our our business. backlogs in significant volumes see of evidence services growth begun have direct and in this leasing with increasing We application
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the During leases revenue the up XX% other existing international leases. through new signed we through to XX% of quarter, new and amendments
believe We for largest markets and and notwithstanding steps international results too vaccine to markets. impact want strong from these continued these underlying COVID-XX wireless to challenges in normalcy markets We Brazil availability markets in in the have Africa, return in South to our reduce other the leasing the are these network COVID see due to growth a and fundamentals pandemic. strong increased
network organic be well-positioned investment leasing for increased growth. and We will
also addition positive allocation financing In we capital and successes, made operational our activities. advances first to opportunistic through quarter
we a are And the added seen closed portfolio quality large on discussed transaction, since on this call, through our we As we our PG&E we high prior in very far. to what majority of been of while during only about the have transaction the number pleased it's months two so assets quarter. with
we positive customers customers. from opportunities assets have working to We sites access with established providing have which PG&E, for for very and us our these relationship around to these allow a interest efficient maximize these significant our received
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capital of right the into are X.X target effectively to back knew million results. of we quarter, strong ratio EBITDA first stock ratio. seven dislocations of to range target We of leverage deploy just deploying be PG&E we debt also due that but pleased able our adjusted on advantage due above the almost we the into particularly during leverage times, schedule times. share also We to to temporarily continue $XXX am to our delevering take while I to our to X.X net managing target opportunistically our our above quarter successfully our in range range finish ahead repurchases quarter with were that would transaction
fact, forma company In pro result tremendous full a our organically demonstrates of even basis quickly contribution capital times quarter. to on from delever through PG&E X.X first after the substantial the [indiscernible] PG&E, the This quarter's from EBITDA a ability investments. for
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first low the share, this higher first to cost continues during $X.XX per will our cost XX% we on basis. we currency access and am of confident year. constant year over last debt quarter, Our other the of to opportunities debt today I AFFO improve produced than have financially In a quarter of
per quarter increased of achieving a also very We XX.X%. ratio first AFFO our while XX% still over the low by dividend prior year payout share
Our manage to continue balance ability of of capital our and to opportunistically optimize generate metric term capitalize will long and quality sheet, our the our on allocate foundation us strong to operations underlying our for business. allow returns shareholders and
to the want with So about close through comments I some performance pandemic. our
at fully by We our operating to are workforce Raton XX% the return of at XX% July. currently plans early our about representing Boca global headquarter, with offices to capacity XXX%
and navigated anyone. not higher have the I percentages our had our U.S. internationally can healthcare Our other with the achieve team commitment, the collaboration members customers our way forward needs this we ready We during and an our the offices local are and experts U.S. at business of attendance the pandemic have of We believe every And meeting prioritize members we more safety varying want members than attendance our we safety exciting that thankfully offices. as next I our their I of to these have have of pandemic to results to be as case, no navigated offices times say proud our their pandemic international for generally levels on customers has of with and communities. success. quarter. In our thank material team tem could and first. now to carefully and we well you to our are worked sharing impact look year contributions rest and questions. that, with with Justin, challenging for