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General

Fastweb FY revenue up 2.8%, broadband customers rise 6.2%

Thursday 4 February 2016 | 13:42 CET | News
Italian broadband operator Fastweb, a Swisscom subsidiary, reported revenues up 2.8 percent year on year to EUR 1.74 billion, driven above all by customer growth. The company's broadband customers grew by 129,000 to 2.20 million on 31 December, some 6.2 percent more than the previous year, with Fastweb once again claiming to be the only Italian operator to achieve a stable and continuous growth in broadband customers and revenues. Fastweb's EBITDA increased by 11.8 percent year-on-year to EUR 576 million, from EUR 515 million the previous year, with its profit margin also improving by 1.8

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Categories: General
Companies: Fastweb / Swisscom
Countries: Italy
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