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Wireless

EI Towers profits improve in Q1

Friday 10 May 2013 | 12:52 CET | News
Italian TV and mobile transmission operator EI Towers (formerly DMT) ended the first quarter with net income of EUR 8.5 million, up from EUR 5.9 million in the same period of 2012. EBITDA rose to EUR 25.3 million from EUR 22.7 million, and revenues were up to EUR 57.5 million from EUR 55.9 million. The group's net debt amounted to EUR 171.83 million, down from EUR 189.25 million at the start of this year. The company, which is 65 percent owned by broadcaster Mediaset, confirmed its 2013 targets, including operating profit of around EUR 100 million.

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