0
Wireless

3 Italia reaches 10 mln customers, EBITDA down 11% 

Thursday 26 February 2015 | 14:49 CET | News
Hutchison Whampoa's Italian mobile operator 3 Italia increased its registered customer base to 10.0 million for the first time last year, although higher operating expenses and a highly competitive market saw its reported revenues dip to EUR 1.739 billion from EUR 1.746 billion in 2013. The operator's service revenues came in at EUR 1.376 billion, a 2 percent rise, but its EBITDA fell 11 percent to EUR 248 million, with operating profit (EBIT) plummeting to a negative EUR 46 million from a positive EUR 0.3 million a year earlier. Its EBITDA margin fell to 17 percent from 20 percent in 2013.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: 3 Group / 3 Italia / Hutchison Whampoa
Countries: Italy
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

3 Italia launches early All-In One Christmas prepay offer

Published 28 Oct 2015 15:11 CET | Italy
3 Italia has kicked off the season of festive offers with the launch of its All-In One Christmas 2015 prepay offer. The plan ...

3 Italia sales up 8% in H1, adds 400,000 customers

Published 25 Aug 2015 11:07 CET | Italy
The revenues at CK Hutchison's Italian mobile unit 3 Italia rose 8 percent to EUR 881 million in the first six months of 2015, ...

3 Denmark FY EBITDA supported by higher active user margin

Published 27 Feb 2015 12:25 CET | Denmark
Hutchison Whampoa said 3 Denmark, in which it has a 60 percent interest, saw a 2 percent rise in total revenue in 2014 to DKK ...

3 Sweden FY results boosted by data-centric business model

Published 27 Feb 2015 12:06 CET | Sweden
Hutchison Whampoa said 3 Sweden, in which it has a 60 percent interest, lifted total revenue in 2014 by 12 percent to SEK 6.407 ...

3 Group service revenues up 9% in 2014, passes 25 mln subs

Published 26 Feb 2015 14:11 CET | Europe
The 3 Group grew its active customer base 13 percent in Europe last year to over 25.0 million at year-end. The mobile operator ...

3 Italia sales down 9% in H1, adds 300,000 customers

Published 31 Jul 2014 15:43 CET | Italy
The revenues at Hutchison Whampoa's Italian mobile unit 3 Italia fell 9 percent to EUR 815 million in the first six months of the ...

3 Italia revenues fall 11% in 2013 as customer base grows 2%

Published 28 Feb 2014 11:02 CET | Italy
Hutchison Whampoa's Italian mobile operator 3 Italia reported revenues down 11 percent to EUR 1.746 billion in 2013, a fall the ...