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Inwit first-half revenues up 8.7% to EUR 189 mln

Tuesday 24 July 2018 | 08:23 CET | News
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Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 188.9 million in the six months to 30 June, up 8.7 percent year on year, while net profit for the period surged 18.8 percent to EUR 70.2 million. The company's EBITDA was EUR 107.6 million, up 18.7 percent, with its EBITDA margin coming in at 56.9 percent and its capital expenditure rising 77 percent to EUR 26.1 million in the first six months of 2018. The vast majority of Inwit's revenues in the first-half – EUR 130.5 million – came from the operation and lease of mobile phone towers for Telecom

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Categories: Broadcast & Satellite / Mobile & Wireless
Companies: Altice Europe / Inwit / PT Portugal / Telecom Italia
Countries: Italy
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