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General

Fastweb revenues stable in Q3, adds 156,000 customers

Thursday 5 November 2015 | 12:27 CET | News
Italian broadband operator Fastweb, a Swisscom subsidiary, reported third quarter net revenues of EUR 424 million, with a 3 percent decline in average revenue per residential broadband customer offset by customer growth. The company's EBITDA increased by 9.5 percent year-on-year to EUR 405 million, with its profit margin also improving by 1.4 percentage points to 31.5 percent. Fastweb said the improved EBITDA was mainly due to higher revenue from residential customers, which rose by EUR 22 million or 3.9 percent year-on-year, to EUR 585 million in the nine months to 30 September. Capital

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Categories: General
Companies: Fastweb / Swisscom
Countries: Italy
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