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General

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

Wednesday 10 February 2021 | 16:01 CET | News
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.

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Categories: General
Companies: Agcom
Countries: Italy
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