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Wireless

Inwit first-half revenues up 5.4% to EUR 174 mln

Wednesday 26 July 2017 | 08:29 CET | News
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 173.8 in the six months to 30 June, a 5.4 percent year on year rise, while net profit for the period surged 21.6 percent to EUR 59.1 million. The company's EBITDA was EUR 90.6 million, up 13.7 percent, with its EBITDA margin coming in at 52.1 percent, up 3.8 percentage points compared to the year-earlier half. Inwit's CEO Oscar Cicchetti said the results confirmed the soundness of the company's business and the viability of its growth plan, adding that Inwit remained convinced that in the transition

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Categories: Mobile & Wireless
Companies: Inwit
Countries: Italy
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