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General

Fastweb Q2 sales steady, broadband users up 107,000 YoY

Wednesday 20 August 2014 | 10:12 CET | News
Italian operator Fastweb reported second-quarter revenues down 0.5 percent from a year earlier to EUR 806 million, hurt above all by its gradual withdrawal from the wholesale hubbing market. Excluding hubbing, sales increased by 0.9 percent year-on-year to EUR 792 million. The company welcomed the results as broadly positive in what it said was a difficult market environment, with fierce competition decreasing ARPU by around 6 percent over the previous year. However, Fastweb's broadband customer base grew by 10,000 in the three months to 30 June and by 107,000 year-on-year to 1.99 million, a

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Categories: General
Companies: Fastweb
Countries: Italy
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