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General

Fastweb revenues up 2.6% in Q1, adds 117,000 customers

Tuesday 3 May 2016 | 09:26 CET | News
Italian broadband operator Fastweb reported first quarter revenues of EUR 440 million, a 2.6 percent increase compared to a year earlier, driven by continued customer growth. The company's broadband customer base rose by 117,000 to 2.24 million on 31 March, up 5.5 percent year on year, including 40,000 in the first quarter alone. However, increasingly fierce competition from its major rivals pushed down average revenue per residential broadband customer by around 3 percent compared to Q1 2015. 

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Categories: General
Companies: Fastweb / Swisscom
Countries: Italy
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