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General

Inwit to pay out EUR 0.21 dividend on 2018 results

Thursday 28 March 2019 | 09:32 CET | News
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) announced that a meeting of its shareholders approved the distribution of a dividend of EUR 0.211 per share on 17 April for a total of EUR 126.6 million. The meeting under the chairmanship of Stefano Siragusa also approved the financial statements for the 2018 financial year, with revenues up 6.1 percent to EUR 378.5 million and net profit for the year 11.7 percent higher at EUR 140.8 million thanks to a rise in tenants per site (1.9), the growth of new businesses and the reduction in lease costs.

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