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EI Towers net profits rise to EUR 37.8 million in 2014

Friday 20 March 2015 | 09:49 CET | News
Italian communication infrastructure operator EI Towers ended 2014 with revenues up 1.3 percent year-on-year to EUR 234.5 million and net profits rising to EUR 37.8 million compared to EUR 32.9 million a year earlier. EBITDA increased to EUR 108.8 million from EUR 105.6 million in 2013, while the company significantly reduced its net debt to EUR 98.6 million from EUR 131.2 million at the end of 2013. The operator, which is 65 percent owned by Italian commercial broadcaster Mediaset, signed a full-service agreement with Turin-based Cairo Communication in 2014 for the use of its transmission

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Categories: Broadcast & Satellite / Mobile & Wireless
Companies: Mediaset
Countries: Italy
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