Italian telecom revenues down 5.3% on Covid impact in first 9 months of 2020

Nieuws Algemeen Italië 10 FEB 2021
Italian telecom revenues down 5.3% on Covid impact in first 9 months of 2020

Total revenues in Italy’s telecommunications sector declined by 5.3 percent year on year in the first 9 months 2020 due above all to the negative impact of Covid-19 restrictions on mobility, according to an update from industry regulator Agcom. The decline affected the mobile segment (-6.2%) more than the fixed (-4.5%), with the telecommunications sector as a whole losing some EUR 1.1 billion from January to September period, compared to EUR 780 million for Italy’s media sector.

The report also covered the affect of the pandemic on data consumption, leading to surges on both fixed and mobile networks. Agcom said daily mobile data consumption rose by an average of 56.1 percent to 19.1 petabytes in the year to end of September compared to the same period of 2019, with the average daily traffic on fixed lines climbing 49.5 percent year on year to 104.3 petabytes.


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