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General

Italian telecom revenues fall 6% in H1 on Covid effect, traffic up 44%

Thursday 5 November 2020 | 10:01 CET | News
Total revenues in Italy's telecommunications sector fell by 5.7 percent year on year in the first half of 2020, impacted strongly by the country's Covid-19 lockdown, according to a brief report from industry regulator Agcom. The decline was marginally less intense in the mobile segment (-4.7%) than in fixed (-6.5%), said the watchdog, adding that revenues in the Italian media sector as a whole fell 10.1 percent year on year in the January to June period, with video streaming and online advertising the only two segments bucking the trend.

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Categories: General
Countries: Italy
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