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General

Inwit revenues rise 93% to EUR 186 mln in Q3, ups 2020 guidance

Friday 6 November 2020 | 09:38 CET | News
Italian mobile towers group Inwit reported revenues of EUR 186.1 million in the third quarter of 2020, up 93.3 percent year on year and 0.9 percent sequentially, following its merger with Vodafone Italia's towers subsidiary to create the country's biggest tower company. On a pro-forma basis, revenue growth came in at 1.9 percent year on year, thanks mainly to the 40,000-plus hostings on its sites of all the main mobile and FWA operators on the market, up 510 year on year, as well as the 600 new DAS units for indoor micro coverage.

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Categories: General
Companies: Inwit / Telecom Italia / Vodafone Italia
Countries: Italy
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