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Inwit first-half revenues up 3.7% ahead of merger with Vodafone Towers

Tuesday 30 July 2019 | 08:55 CET | News
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Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 195.9 million in the six months to 30 June, up 3.7 percent year on year, ahead of its merger with Vodafone Italia's towers subsidiary to create what will eventually become Italy's biggest tower company. Net profit for the period was down 1.3 percent to EUR 69.2 million, while comparable EBITDA was EUR 112.5 million, up 4.6 percent.

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Categories: Broadcast & Satellite / Mobile & Wireless
Companies: Inwit / Telecom Italia / Vodafone Italia
Countries: Italy
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