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General

Fastweb revenues up 4.5% to EUR 514 mln in Q1, hits 1.5 mln mobile subs

Thursday 2 May 2019 | 10:05 CET | News

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Italian operator Fastweb reported first quarter revenues up 4.5 percent year on year to 514 million on the back of a 3.7 percent rise in broadband customers to 2.58 million, including 28,000 in the January to March period alone. The company also grew in the highly competitive Italian mobile market, with the number of lines rising 28.0 percent, or 332,000 year on year, to 1.52 million, including 85,000 in the first three months of the year. Fastweb said 31 percent of its customers now subscribe to a convergent offering combining fixed and mobile services. 

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Categories: General
Companies: Fastweb / Swisscom
Countries: Italy
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