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General

Fastweb revenues up 8% to EUR 1.94 bln in 2017, hits 1 mln mobile clients

Wednesday 7 February 2018 | 08:38 CET | News
Italian operator Fastweb, a Swisscom subsidiary, reported record net revenues of EUR 1.94 billion in the 2017 financial year, up 8.9 percent compared to 2016 thanks mainly to a rising broadband and mobile customer base in what it described as difficult market conditions. Fastweb's EBITDA increased by 14.8 percent on a like-for-like basis to EUR 759 million, or up 9.6 percent to EUR 664 million excluding non-recurring items such as one-off income from legal disputes. The company's adjusted EBITDA margin rose by 2 percentage points to 39 percent while capital expenditure grew 7 percent year on

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Categories: General
Companies: Fastweb / Swisscom
Countries: Italy
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