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General

Fastweb revenues surge 12% in Q3 on mobile and wholesale boost

Thursday 2 November 2017 | 08:47 CET | News
Italian operator Fastweb reported third quarter revenues of EUR 491 million, up 12.4 percent compared to the year earlier result of EUR 437 million, driven by a 5.5 percent rise in broadband customers to 2.4 million and a 57.0 percent surge in mobile lines. The company's EBITDA rose by 9.7 percent year on year to EUR 170 million thanks above all to higher revenues and improved regulatory conditions as well as increased income from legal disputes, although the EBITDA margin dipped by 0.9 percentage points to 34.6 percent. Capital expenditure in the first 9 months of the year was up 2.6 percent

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Categories: General
Companies: Fastweb / Swisscom / Telecom Italia / TIM
Countries: Italy
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