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Wireless

Inwit organic revenues up over 3% to EUR 190 mln in Q4

Friday 5 March 2021 | 09:16 CET | News
Italian mobile towers group Inwit said its revenues rose to EUR 189.9 million in the fourth quarter of 2020, up 84.0 percent year on year on a reported basis, following its merger with Vodafone Italia's towers subsidiary just under a year ago. On an organic basis, revenue growth came in at 3.2 percent, up from 1.9 percent year on year in Q3 and 0.9 percent in Q2 thanks to an increase of around 1,000 new hostings contracted by both mobile network operators and Fixed Wireless Access providers, double that recorded in Q3, plus over 200 new DAS units for indoor micro coverage.

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