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Broadband

Fastweb sees revenues slightly decrease in Q2

Friday 30 July 2010 | 09:58 CET | News
Italian fixed-lined operator Fastweb saw its Q2 revenues slightly decrease year-on-year to EUR 472.4 million, versus EUR 474.5 million. The result included a nonrecurrent component of EUR 20 million related to a network infrastructure project for a corporate client. Excluding such item, second-quarter revenues would have increased 4 percent year on year. Overall, business clients (corporate, SME and wholesale) contributed 62 percent to the quarterly revenues, while consumer revenues were 38 percent of the total. EBITDA at the Swisscom subsidiary amounted to EUR 143.6 million, nearly flat

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Categories: Fixed
Companies: Fastweb / Swisscom
Countries: Italy
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