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General

Italy's Wind Tre posts Q1 revenues up 2% to EUR 1.6 bln

Tuesday 9 May 2017 | 13:34 CET | News
Wind Tre, the new Italian operator emerging from the 50-50 joint venture between Veon's Wind and Hutchison's 3 Italia, reported revenues of EUR 1.55 billion in the first three months of the year, up 2.1 percent year on year, thanks above all to a good commercial performance in its fixed and business segments and a 12.1 percent rise in mobile data revenues. The group's EBITDA grew 9.7 percent to EUR 517 million, boosted by cost efficiencies resulting from the merger, with the margin increasing 2.3 percentage points year on year to 33.3 percent. Wind Tre Ceo Maximo Ibarra described the results

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Categories: General
Companies: 3 Italia / Wind Tre
Countries: Italy
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