0
Wireless

Inwit first-half revenues surge 47% following merger with Vodafone Towers

Friday 31 July 2020 | 08:45 CET | News
Italian mobile towers group Inwit reported revenues of EUR 287.4 million in the six months to 30 June, up 46.7 percent year on year, following its merger with Vodafone Italia's towers subsidiary to create the country's biggest tower company. The company said revenues mainly derived from the 40,500 hostings on its sites of all the main mobile and FWA operators on the market, up 250 this year alone, as well as the 3,700 small cell/DAS devices and 1,150 fibre connections. Net profit for the period was up 3.5 percent to EUR 71.7 million, while EBITDA was EUR 259.6 million, up 51.1 percent, or

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Inwit
Countries: Italy
::: add a comment
This article is part of dossier

5G

,

Coronavirus


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Inwit connects 1,000 Italian bank branches to mobile network

Published 22 Dec 2020 11:33 CET | Italy
Italian mobile towers group Inwit, jointly controlled by Telecom Italia (TIM) and Vodafone, said it has reached the milestone of ...

TIM completes EUR 161 mln sale of Inwit stake to Canson

Published 07 Dec 2020 08:59 CET | Italy
Italian mobile towers group Inwit, jointly controlled by Telecom Italia (TIM) and Vodafone, announced the sale of a 1.8 percent ...

Inwit to set up DAS system at EUR 1 bln Philip Morris manufacturing plant

Published 16 Nov 2020 13:52 CET | Italy
Italian mobile towers group Inwit, jointly controlled by Telecom Italia (TIM) and Vodafone, has reached an agreement with Philip ...

Inwit revenues rise 93% to EUR 186 mln in Q3, ups 2020 guidance

Published 06 Nov 2020 09:38 CET | Italy
Italian mobile towers group Inwit reported revenues of EUR 186.1 million in the third quarter of 2020, up 93.3 percent year on ...

TIM and Inwit to boost 5G coverage with small cells in major cities, starting with Milan and Genoa

Published 05 Nov 2020 08:55 CET | Italy
Telecom Italia (TIM) has joined forces with Inwit, the mobile towers group it controls jointly with Vodafone, to start a major ...

Italy's Inwit launches share buyback programme

Published 21 Oct 2020 08:48 CET | Italy
Italian mobile towers group Inwit, jointly controlled by by Telecom Italia (TIM) and Vodafone, announced the launch of a treasury ...

Vodafone Italia introduces SME-oriented convergent offer

Published 16 Oct 2020 09:30 CET | Italy
The Vodafone Business unit of Vodafone Italia has announced the launch of a new portfolio of convergent offers aimed at helping ...

Inwit issues new EUR 750 million 8-year bond

Published 14 Oct 2020 08:51 CET | Italy
Italian mobile towers group Inwit, jointly controlled by by Telecom Italia (TIM) and Vodafone, announced the successful ...

Inwit sanitising workplaces with Hyris bCube device

Published 09 Oct 2020 10:56 CET | Italy
Italian mobile towers group Inwit, jointly controlled by by Telecom Italia (TIM) and Vodafone, has reached an agreement with ...

Inwit installs DAS systems in 15 Italian hospitals

Published 08 Oct 2020 14:26 CET | Italy
Italian mobile towers group Inwit, jointly controlled by by Telecom Italia (TIM) and Vodafone, has installed DAS (Distributed ...

Ardian completes EUR 1.35 bln acquisition of Inwit stake

Published 05 Oct 2020 08:51 CET | Italy
Italian mobile towers group Inwit, jointly controlled by by Telecom Italia (TIM) and Vodafone, announced that French private ...

Inwit directors step down following Ardian deal

Published 01 Oct 2020 10:16 CET | Italy
Italian mobile towers group Inwit, jointly controlled by by Telecom Italia (TIM) and Vodafone, announced that two of its ...

Inwit to list on STOXX Europe 600 index on 21 Sept

Published 18 Sep 2020 14:18 CET | Italy
Italian mobile towers group Inwit, jointly controlled by by Telecom Italia (TIM) and Vodafone, announced that its shares will be ...

TIM, Ericsson, Qualcomm top 4 Gbps in Rome 5G trial

Published 07 Sep 2020 09:15 CET | Italy
Telecom Italia (TIM) has again claimed leadership in the European "5G innovation" space by exceeding 4 Gbps on a live 5G ...

Why selling passive infrastructure creates value

Published 07 Aug 2020 10:23 CET | World
Selling infrastructure is a growing trend in the telecom industry, and more specifically, the passive infrastructure. This is a ...

TIM sells Inwit stakes to Ardian and Canson for EUR 1.6 bln

Published 25 Jun 2020 08:59 CET | Italy
Telecom Italia (TIM) has announced the sale of direct and indirect stakes in mobile towers group Inwit to a consortium led by ...

Inwit revenues up 8.5% to EUR 103 mln in Q1, EBITDA up 6%

Published 12 May 2020 10:20 CET | Italy
Italian mobile towers group Inwit reported revenues of EUR 103 million in the first quarter of 2020, up 8.5 percent year on year, ...

Inwit to pay out EUR 127 mln dividend on 2019 results

Published 07 Apr 2020 10:01 CET | Italy
The shareholders of Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) Meeting approved the company's financial ...

Vodafone Italia closes merger of towers unit into Inwit

Published 26 Mar 2020 08:56 CET | Italy
Under the terms of the deal reached last summer, Vodafone will receive 360,200,000 ordinary Inwit shares and cash proceeds of EUR ...

Inwit FY revenues up 4.5% to EUR 395 mln, profit down 1%

Published 06 Mar 2020 09:20 CET | Italy
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported full-year revenues of EUR 395.4 million in 2019, up ...

Inwit to pick new board for merged TIM-Vodafone towers company on 20 March

Published 07 Feb 2020 09:31 CET | Italy
Telecom Italia (TIM) announced that the board of directors of its towers unit Inwit has called a shareholder meeting on 20 March ...

Inwit shareholders back Vodafone towers merger

Published 20 Dec 2019 09:18 CET | Italy
The shareholders of Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) almost unanimously approved a plan to ...

Inwit 9-mth revenues up 3%, Vodafone towers deal to close in H1 2020

Published 06 Nov 2019 08:59 CET | Italy
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 283.9 million in the 9 months to 30 ...

TIM, Vodafone sign Italian towers merger, 5G partnership

Published 29 Jul 2019 08:48 CET | Italy
Telecom Italia (TIM) and rival Vodafone Italia have signed an agreement to merge their respective mobile tower infrastructure and ...





Calendar   /   Industry Events

29 Jul Telenet Q2 2021
29 Jul Liberty Global Q2 2021
29 Jul Consolidated Communications Q2
29 Jul Telefonica Q2 2021
29 Jul Orange Q2 2021
29 Jul Digital Realty Q2 2021
29 Jul Limelight Networks Q2 2021
29 Jul CyrusOne Q2 2021
29 Jul CoreSite Q2 2021
29 Jul STMicroelectronics Q2 2021
29 Jul Millicom Q2 2021
29 Jul Samsung Electronics Q2 2021
29 Jul Poly fiscal Q1
29 Jul Skyworks fiscal Q3
29 Jul Casa Systems Q2
29 Jul Citrix Systems Q2
29 Jul Amazon Q2
29 Jul Airtel Africa Q2 2021
29 Jul T-Mobile US Q2 2021
29 Jul Comcast Q2 2021
29 Jul Nokia Q2 2021
29 Jul BT fiscal Q1
29 Jul American Tower Corp Q2 2021
29 Jul Fortinet Q2
29 Jul Cellnex Q2 2021
29 Jul Hrvatski Telekom Q2 2021
30 Jul Proximus Q2 2021
30 Jul Charter Communications Q2 2021
30 Jul Shentel Q2 2021
30 Jul NEC fiscal Q1
::: More Calendar Items