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Wireless

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

Friday 6 March 2020 | 09:20 CET | News
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported full-year revenues of EUR 395.4 million in 2019, up 4.5 percent year on year, thanks to an expanded customer base and an increased co-tenancy ratio to 1.95 customers per site. Net profit for the period was down 1 percent to EUR 139.3 million, while comparable EBITDA based on non-IFRS 16 standards was EUR 226.8 million, up 5.3 percent year on year, with the EBITDA margin up 0.5 percent to 57.4 percent.

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