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General

Fastweb H1 earnings up 10% on higher sales, customer growth

Thursday 17 August 2017 | 13:28 CET | News
Italian operator Fastweb reported first half revenues of EUR 923 million, a 4.8 percent increase compared to a year earlier, driven by a 6.8 percent rise in broadband customers to 2.41 million. The broadband client base grew by 11,000 in the April to June period, down from the 45,000 rise posted in the first quarter, but the company's mobile lines increased by 274,000, or 45.2 percent year on year, to 880,000 at the end of June, including 117,000 in the second quarter alone. Fastweb said the customer growth helped outweigh a 4 percent year on year decline in broadband ARPU due to intense

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Categories: General
Companies: Fastweb
Countries: Italy
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