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Wireless

Inwit revenues up 6% to EUR 95.5 mln in Q1

Friday 11 May 2018 | 09:04 CET | News
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 95.5 million in the first three months of 2018, including some non-recurring income, up 6.0 percent on the year-earlier result, while net profit for the period came in 12.8 percent higher at EUR 36.4 million percent thanks above all to a rise in tenants per site combined with the containment of lease costs. The company's EBITDA was EUR 55.3 million up 16.0 percent year on year, with the EBITDA margin rising to 56.1 percent of revenues.

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