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General

Fastweb revenues up 9% to EUR 492 mln in Q1, hits 2.5 mln subs

Wednesday 2 May 2018 | 08:41 CET | News
Italian operator Fastweb reported first quarter revenues up 9.3 percent on a like-for-like basis to EUR 492 million on the back of a 3.5 percent rise in broadband customers to 2.5 million, including 32,000 in the January to March period alone. The company also posted impressive mobile telephony results, with accesses surging 55.3 percent, or 422,000 year on year, to 1.9 million, including 120,000 in the first three months of the year. Fastweb CEO Alberto Calcagno recently announced that the operator intends to become the country's first fully convergent company and reach 4 million

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Categories: General
Companies: Fastweb / Swisscom
Countries: Italy
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