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General

Fastweb customers up 7% to 2.4 mln in Q1

Wednesday 3 May 2017 | 13:18 CET | News
Italian operator Fastweb reported first quarter revenues of EUR 453 million, a 3.0 percent increase compared to a year earlier, driven by a 7.1 percent rise in broadband customers to 2.4 million, including 45,000 in the January to March period alone. The company's EBITDA rose by EUR 14 million, or 10.7 percent year on year, to EUR 145 million thanks above all to higher revenues and improved regulatory conditions, while the EBITDA margin rose by 2.2 percentage points to 32.0 percent. Fastweb was also keen to underline the performance of its mobile segment, with the number of active SIMs

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Categories: General
Companies: Fastweb / Swisscom
Countries: Italy
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