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.

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