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Wireless

Gowex revenues rise 60% to EUR 182.8 mln in 2013

Thursday 20 March 2014 | 09:56 CET | News
Spanish Wi-Fi services provider Gowex reported revenues of EUR 182.8 million in 2013, a 60 percent increase over last year's figure of EUR 114.1 million. The growth was driven by the company's Gowex Wireless division, where sales rose 73 percent to EUR 157.2 million, while intermediated revenues at Gowex Telecom were up 9 percent year-on-year to EUR 25.6 million. The company attributes the growth to what it terms the "network effect", the generation of recurring revenue from councils, advertisers, operators and associations using its Wireless Smart Cities product. Last year saw Gowex sign new

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Categories: Mobile & Wireless
Companies: Gowex
Countries: Spain
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