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General

Fastweb Q3 revenues up 6% to EUR 535 mln in 25th consecutive quarter of growth

Thursday 31 October 2019 | 09:57 CET | News
Italian operator Fastweb achieved its 25th consecutive quarter of growth in the third quarter of 2019, posting revenues of EUR 535 million, up 5.9 percent year on year, with 9-month revenues rising 4.5 percent to EUR 1.58 billion. The revenue growth prompted a 6.7 percent increase in EBITDA to EUR 190 million in the third quarter, up EUR 12 million on the year-earlier result, with capital expenditure for the year to September steady at EUR 443 million, equivalent to 28 percent of revenues, driven by the further expansion of its network infrastructure.

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Categories: General
Companies: Fastweb / Swisscom
Countries: Italy
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