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Inwit revenues surge 12% to EUR 94.8 mln in Q4

Monday 5 March 2018 | 08:39 CET | News
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 94.8 million in the fourth quarter of 2017, up 11.9 percent on the year-earlier results of EUR 84.7 million, while net profit for the period came in 48.7 percent higher at EUR 34.9 million percent thanks to a rise in tenants per site, lower lease costs and new business performance. The company's EBITDA was EUR 53.2 million compared to EUR 42.2 million a year earlier, with the EBITDA margin rising to 56.1 percent of revenues.

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Categories: Fixed
Companies: Inwit / Telecom Italia
Countries: Italy
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