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General

Fastweb revenues up 8% in Q1, adds 140,000 customers YoY

Wednesday 6 May 2015 | 12:04 CET | News
Italian broadband operator Fastweb reported first quarter revenues of EUR 429 million, an 8 percent increase compared to a year earlier, while EBITDA also rose to EUR 120 million, an 11 percent annual growth, driven by higher margins and reduced operating costs. Capital expenditure rose by EUR 5 million to EUR 147 million, equivalent to around 34 percent of revenues, due above all to continued spending on fibre-optic network expansion. Fastweb was also keen to emphasise a 52,000 first-quarter growth in its customer base to 2.12 million. On an annual basis, the increase in customers was

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Categories: General
Companies: Fastweb
Countries: Italy
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