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General

Fastweb revenues up 5.2% in Q3, reaches 2 mln customers

Thursday 6 November 2014 | 09:17 CET | News
Italian broadband operator Fastweb saw its third-quarter net revenues improve by 5.2 percent from a year earlier to EUR 424 million, thanks above all to the performance of its business segment. In spite of a difficult market environment, the company grew its broadband customer base by 105,000, or 5.5 percent, to 2.02 million. Around 22 percent customers (450,000) could access the internet at speeds of up to 100 Mbps, making Fastweb the leading Italian operator in the provision of connections up to 100 Mbps. EBITDA grew by 6.3 percent in the third quarter to EUR 134 million. Although the

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Categories: General
Companies: Fastweb
Countries: Italy
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